Defined Benefit (Pension) · DOL Form 5500 · 2022

Hiway Credit Union Pension Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
196
Participants Below avg headcount
87th
Percentile by assets National rank
$229,253
Avg per participant Above avg balance/head
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Official DOL plan name: Hiway Credit Union Defined Benefit Plan and Trust · Sponsored by Hiway Credit Union · Minnesota · Finance & Insurance

$45M in assets, 196 participants

Hiway Credit Union's Hiway Credit Union Defined Benefit Plan and Trust reported $45M in total assets and 196 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,340 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Hiway Credit Union Defined Benefit Plan and Trust covers 196 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $45M.

#7,340
in Finance & Insurance (9,261 peers)
-22.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hiway Credit Union Defined Benefit Plan and Trust's outsized position by total assets

Hiway Credit Union Defined Benefit Plan and Trust vs every filed plan by assets

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

$44,933,676 Top 13% higher than 87% 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

Hiway Credit Union Defined Benefit Plan and Trust 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. Hiway Credit Union Defined Benefit Plan and Trust sits mid-pack in the medium band (196 participants).

EBSA filing schedule strip

Filing strip 410313750 · Hiway Credit Union PY 2022 · Defined Benefit (Pension)

Hiway Credit Union Defined Benefit Plan and Trust · $45M · 196 · 87th

  • IND $45M
  • IND 196
  • IND 87th
  • IND Defined Benefit (Pension)
  • IND near Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan
  • IND ind #7340

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 Minnesota →

Hiway Credit Union Defined Benefit Plan and Trust in the asset neighbourhood

Heat and Frost Insulators and Allied Workers Local 47 Retirment Trust FundHeat and Frost Insulators an…$45MHiway Credit Union Defined Benefit Plan and TrustHiway Credit Union Defined B…$45MPreferred Mutual Insurance Company Retirement Benefit Accumulation PlanPreferred Mutual Insurance C…$45MTeamsters Local No. 35 Pension PlanTeamsters Local No. 35 Pensi…$45MForemost Farms USA Hourly Employees Pension PlanForemost Farms USA Hourly Em…$45M
End-of-year total assets ($M) among Hiway Credit Union Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$45M
Net Income-$13M
Employer EIN410313750
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hiway Credit Union)

Sponsor-wide plan assets over time

All Hiway Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $58M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 2 426 $58M
2023 2 384 $69M
2024 1 247 N/A

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Hiway Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Hiway Credit Union Defined Benefit Plan and Trust, Total assets ($B): 0.044933676 · Participants: 196Hiway Credit Union Defined Benefit Plan and Trust3M Employee Retirement Income Plan, Total assets ($B): 14.047885796 · Participants: 121603M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 10.299849315 · Participants: 66434Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 3.940696075 · Participants: 25144The Travelers Pension PlanU.S. Bank Pension Plan, Total assets ($B): 3.73901396 · Participants: 55836U.S. Bank Pension PlanTarget Corporation Pension Plan, Total assets ($B): 3.348662968 · Participants: 50515Target Corporation Pension Plan
Hiway Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants

Hiway Credit Union Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan in NY ($45M); by covered participants it is Taft Stettinius & Hollister LLP Retirement Plan for Partners - Plan 1 in OH (196 participants). Same-state nearby plans are listed separately above.

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 Hiway Credit Union Defined Benefit Plan and Trust assets move in 2022?
Hiway Credit Union Defined Benefit Plan and Trust declined sharply - down 22.1% during 2022, from $58M to $45M. Reported net income was -$13M.
Where does Hiway Credit Union Defined Benefit Plan and Trust rank by assets among Form 5500 filers?
Hiway Credit Union Defined Benefit Plan and Trust ranks in the 87th 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 Defined Benefit (Pension) plans are similar in size to Hiway Credit Union Defined Benefit Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Preferred Mutual Insurance Company Retirement Benefit Accumulation Plan in NY ($45M, 245 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hiway Credit Union Defined Benefit Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Taft Stettinius & Hollister LLP Retirement Plan for Partners - Plan 1 in OH (196 participants, $21M in assets).