401(k) · DOL Form 5500 · 2022

Profed Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
160
Participants Small participant base
70th
Percentile by assets National rank
$82,129
Avg per participant Below avg balance/head
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Official DOL plan name: Profed Retirement Readiness 401(k) Plan · Sponsored by Profed Federal Credit Union · Indiana · Finance & Insurance

$13M in assets, 160 participants

Profed Federal Credit Union's Profed Retirement Readiness 401(k) Plan reported $13M in total assets and 160 participants in its 2022 DOL Form 5500 filing, ranking in the 70th 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.

  • #5,024 in Finance & Insurance (9,261 peers)

Coverage in Indiana

Profed Retirement Readiness 401(k) Plan covers 160 participants in Indiana, about 30% of the average Indiana filer (state average ~541 per filing). Assets: $13M.

#5,024
in Finance & Insurance (9,261 peers)
-24.2%
assets change YoY

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.

Profed Retirement Readiness 401(k) Plan's outsized position by total assets

Profed Retirement Readiness 401(k) Plan vs every filed plan by assets

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

$13,140,688 Top 30% higher than 70% 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

Profed Retirement Readiness 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. Profed Retirement Readiness 401(k) Plan sits mid-pack in the medium band (160 participants).

DOL schedule card

Filing strip 350886187 · Profed Federal Credit Union PY 2022 · 401(k)

Profed Retirement Readiness 401(k) Plan · $13M · 160 · 70th

  • IND $13M
  • IND 160
  • IND 70th
  • IND 401(k)
  • IND near Community Resource Credit Union 401(k) Plan
  • IND ind #5024

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 Indiana →

Profed Retirement Readiness 401(k) Plan in the asset neighbourhood

Profed Retirement Readiness 401(k) PlanProfed Retirement Readiness …$13MCommunity Resource Credit Union 401(k) PlanCommunity Resource Credit Un…$13MInsurance Organizations' Savings Trust 401(k) PlanInsurance Organizations' Sav…$13MEllkay LLC Retirement Plan$13MFallon Service, Inc. 401(k) PlanFallon Service, Inc. 401(k) …$13M
End-of-year total assets ($M) among Profed Retirement Readiness 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$13M
Net Income-$4M
Employer EIN350886187
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Profed Federal Credit Union)

Sponsor-wide plan assets over time

All Profed Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$16M 24.76291195712127% vs 2022
2024 filing year
$12M$13M$14M$15M$16M$17M 202220232024 $13.1M $16.4M ▲ +24.7%
Year Plans Participants Total Assets
2022 1 160 $13M
2023 1 165 $15M
2024 1 165 $16M

Nearby 401(k) Plans in Indiana

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

Profed Retirement Readiness 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Profed Retirement Readiness 401(k) Plan, Total assets ($B): 0.013140688 · Participants: 160Profed Retirement Readiness 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Profed Retirement Readiness 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Profed Retirement Readiness 401(k) Plan side-by-side with 3 peers →

Profed Retirement Readiness 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Community Resource Credit Union 401(k) Plan in TX ($13M); by covered participants it is Apple Care, LLC 401(k) Plan in GA (160 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Profed Retirement Readiness 401(k) Plan assets move in 2022? ▼
Profed Retirement Readiness 401(k) Plan declined sharply - down 24.2% during 2022, from $17M to $13M. Reported net income was -$4M.
How have Profed Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Profed Federal Credit Union's sponsor-wide assets grew 24.8%, from $13M to $16M.
Which 401(k) plans are similar in size to Profed Retirement Readiness 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Community Resource Credit Union 401(k) Plan in TX ($13M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Profed Retirement Readiness 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Apple Care, LLC 401(k) Plan in GA (160 participants, N/A in assets).

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 350886187.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.