401(k) · DOL Form 5500 · 2022

Hughes Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
219
Participants Below avg headcount
77th
Percentile by assets National rank
$89,730
Avg per participant Below avg balance/head
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Official DOL plan name: Hughes Federal Credit Union 401(k) Plan · Sponsored by Hughes Federal Credit Union · Arizona · Finance & Insurance

$20M in assets, 219 participants

Hughes Federal Credit Union's Hughes Federal Credit Union 401(k) Plan reported $20M in total assets and 219 participants in its 2022 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,882 in Finance & Insurance (9,261 peers)

Coverage in Arizona

Hughes Federal Credit Union 401(k) Plan covers 219 participants in Arizona, about 39% of the average Arizona filer (state average ~564 per filing). Assets: $20M.

#5,882
in Finance & Insurance (9,261 peers)
-16.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hughes Federal Credit Union 401(k) Plan's outsized position by total assets

Hughes Federal Credit Union 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$19,650,913 Top 23% higher than 77% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hughes Federal Credit Union 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hughes Federal Credit Union 401(k) Plan sits mid-pack in the medium band (219 participants).

Form 5500 schedule snapshot

Filing strip 860107651 · Hughes Federal Credit Union PY 2022 · 401(k)

Hughes Federal Credit Union 401(k) Plan · $20M · 219 · 77th

  • IND $20M
  • IND 219
  • IND 77th
  • IND 401(k)
  • IND near Tortoiseecofin Investments 401(k) Plan
  • IND ind #5882

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Arizona →

Hughes Federal Credit Union 401(k) Plan in the asset neighbourhood

Hughes Federal Credit Union 401(k) PlanHughes Federal Credit Union …$20MTortoiseecofin Investments 401(k) PlanTortoiseecofin Investments 4…$20MAutoweb Inc. Retirement Savings PlanAutoweb Inc. Retirement Savi…$20MThe Windermere 401(k) Plan$20MCadillac Casting, Inc. 401(k) Retirement PlanCadillac Casting, Inc. 401(k…$20M
End-of-year total assets ($M) among Hughes Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Arizona filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$20M
Net Income-$4M
Employer EIN860107651
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hughes Federal Credit Union)

Sponsor-wide plan assets over time

All Hughes Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$27M 39.8230351943444% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.7M $27.5M ▲ +39.8%
Year Plans Participants Total Assets
2022 1 219 $20M
2023 1 188 $24M
2024 1 259 $27M

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hughes Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -101234 Total assets ($B) Participants Hughes Federal Credit Union 401(k) Plan, Total assets ($B): 0.019650913 · Participants: 219Hughes Federal Credit Union 401(k) PlanBanner Health Employees 401(k) Plan, Total assets ($B): 3.566847679 · Participants: 50602Banner Health Employees 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 1.923226111 · Participants: 12362Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramRepublic Services, Inc. 401(k) Plan, Total assets ($B): 1.806929859 · Participants: 28320Republic Services, Inc. 401(k) PlanStantec 401(k) Plan, Total assets ($B): 1.682454193 · Participants: 8764Stantec 401(k) PlanReliance Steel & Aluminum Co. Master 401(k) Plan, Total assets ($B): 1.33677823 · Participants: 9895Reliance Steel & Aluminum Co. Master 401(k) Plan
Hughes Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Hughes Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Tortoiseecofin Investments 401(k) Plan in KS ($20M); by covered participants it is Metal Matic, Inc. Minneapolis Union Employees' 401(k) Plan in MN (219 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (219 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hughes Federal Credit Union 401(k) Plan assets move in 2022?
Hughes Federal Credit Union 401(k) Plan declined sharply - down 16.1% during 2022, from $23M to $20M. Reported net income was -$4M.
How have Hughes Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Hughes Federal Credit Union's sponsor-wide assets grew 39.8%, from $20M to $27M.
Where does Hughes Federal Credit Union 401(k) Plan rank by assets among Form 5500 filers?
Hughes Federal Credit Union 401(k) Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hughes Federal Credit Union 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tortoiseecofin Investments 401(k) Plan in KS ($20M, 115 participants).
Which 401(k) plans cover a similar participant headcount to Hughes Federal Credit Union 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Metal Matic, Inc. Minneapolis Union Employees' 401(k) Plan in MN (219 participants, N/A in assets).