401(k) · DOL Form 5500 · 2022

Hiway Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
230
Participants Below avg headcount
70th
Percentile by assets National rank
$56,891
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hiway Federal Credit Union 401(k) Plan and Trust · Sponsored by Hiway Federal Credit Union · Minnesota · Finance & Insurance

$13M in assets, 230 participants

Hiway Federal Credit Union's Hiway Federal Credit Union 401(k) Plan and Trust reported $13M in total assets and 230 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.

  • #5,016 in Finance & Insurance (9,261 peers)

Coverage in Minnesota

Hiway Federal Credit Union 401(k) Plan and Trust covers 230 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $13M.

#5,016
in Finance & Insurance (9,261 peers)
-22.0%
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.

Hiway Federal Credit Union 401(k) Plan and Trust's outsized position by total assets

Hiway Federal Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$13,085,008 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

Hiway Federal Credit Union 401(k) 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 Federal Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (230 participants).

DOL schedule card

Filing strip 410313750 · Hiway Federal Credit Union PY 2022 · 401(k)

Hiway Federal Credit Union 401(k) Plan and Trust · $13M · 230 · 70th

  • EOY $13M
  • EOY 230
  • EOY 70th
  • EOY 401(k)
  • EOY near Doug Ashy Building Materials, Inc. Profit Sharing 401(k) Plan
  • EOY ind #5016

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

Hiway Federal Credit Union 401(k) Plan and TrustHiway Federal Credit Union 4…$13MCrossvue, LLC 401(k) Plan$13MDoug Ashy Building Materials, Inc. Profit Sharing 401(k) PlanDoug Ashy Building Materials…$13MDeltech Savings Plan$13MBoyd Jones Construction Co. Profit Sharing PlanBoyd Jones Construction Co. …$13M
End-of-year total assets ($M) among Hiway Federal Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$13M
Net Income-$4M
Employer EIN410313750
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hiway Federal Credit Union)

Sponsor-wide plan assets over time

All Hiway Federal 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 401(k) Plans in Minnesota

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

Hiway Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Hiway Federal Credit Union 401(k) Plan and Trust, Total assets ($B): 0.013085008 · Participants: 230Hiway Federal Credit Union 401(k) Plan and TrustUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Hiway Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Hiway Federal Credit Union 401(k) Plan and Trust side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Doug Ashy Building Materials, Inc. Profit Sharing 401(k) Plan in LA ($13M); by covered participants it is Convercent 401(k) in CO (230 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 (230 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 Hiway Federal Credit Union 401(k) Plan and Trust assets move in 2022? ▼
Hiway Federal Credit Union 401(k) Plan and Trust declined sharply - down 22.0% during 2022, from $17M to $13M. Reported net income was -$4M.
Which 401(k) plans are similar in size to Hiway Federal Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Doug Ashy Building Materials, Inc. Profit Sharing 401(k) Plan in LA ($13M, 254 participants).
Which 401(k) plans cover a similar participant headcount to Hiway Federal Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Convercent 401(k) in CO (230 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 410313750.

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.