401(k)
2022 plan-year 401(k) DOL Form 5500

HUGHES FEDERAL CREDIT UNION 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HUGHES FEDERAL CREDIT UNION

This 401(k) plan holds $20M in total assets and serves 219 participants as of 2022. It is sponsored by HUGHES FEDERAL CREDIT UNION in Arizona. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$20M
Participants
219
State
Industry
Finance & Insurance

What the Filing Says About HUGHES FEDERAL CREDIT UNION 401(K) PLAN

HUGHES FEDERAL CREDIT UNION 401(K) PLAN is a 401(k) retirement plan sponsored by HUGHES FEDERAL CREDIT UNION, headquartered in Arizona. As of the 2022 Form 5500 filing, the plan reports $20M in total end-of-year assets and covers 219 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 860107651, and the plan has been effective since 2001-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $23M at the beginning of 2022 to $20M at year-end — a decline of 16.1%. Net assets (after liabilities) closed the year at $20M, with reported net income of $-3,768,358 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$23M
Total Assets (End of Year)$20M
Net Assets (End of Year)$20M
Net Income$-3,768,358
Plan Type401(k)
Employer EIN860107651
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HUGHES FEDERAL CREDIT UNION)

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.

Frequently Asked Questions

How much money is in the HUGHES FEDERAL CREDIT UNION 401(K) PLAN?
As of the 2022 Form 5500 filing, HUGHES FEDERAL CREDIT UNION 401(K) PLAN holds $20M in total assets with 219 participants. It is sponsored by HUGHES FEDERAL CREDIT UNION.
What type of plan is HUGHES FEDERAL CREDIT UNION 401(K) PLAN?
HUGHES FEDERAL CREDIT UNION 401(K) PLAN is a 401(k) plan. It has been effective since 2001-01-01. The plan is filed with the U.S. Department of Labor under EIN 860107651.
Who sponsors the HUGHES FEDERAL CREDIT UNION 401(K) PLAN?
HUGHES FEDERAL CREDIT UNION 401(K) PLAN is sponsored by HUGHES FEDERAL CREDIT UNION, located in Arizona. The sponsor's EIN is 860107651 and the plan operates in the Finance & Insurance industry.
How did HUGHES FEDERAL CREDIT UNION 401(K) PLAN perform in 2022?
HUGHES FEDERAL CREDIT UNION 401(K) PLAN declined by 16.1% during 2022, moving from $23M to $20M in total assets. Net income was $-3,768,358.
Where can I find official filings for HUGHES FEDERAL CREDIT UNION 401(K) PLAN?
Official Form 5500 filings for HUGHES FEDERAL CREDIT UNION 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 860107651 or plan name at efast.dol.gov.
How does HUGHES FEDERAL CREDIT UNION 401(K) PLAN compare to other plans?
You can compare HUGHES FEDERAL CREDIT UNION 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Arizona on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 860107651.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.