401(k) · DOL Form 5500 · 2022

Workers Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
325
Participants Below avg headcount
86th
Percentile by assets National rank
$119,034
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Workers Federal Credit Union 401(k) Retirement Plan · Sponsored by Workers Federal Credit Union · Massachusetts · Finance & Insurance

$39M in assets, 325 participants

Workers Federal Credit Union's Workers Federal Credit Union 401(k) Retirement Plan reported $39M in total assets and 325 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,121 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Workers Federal Credit Union 401(k) Retirement Plan covers 325 participants in Massachusetts, about 49% of the average Massachusetts filer (state average ~659 per filing). Assets: $39M.

#7,121
in Finance & Insurance (9,261 peers)
-14.8%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$38,686,024 Top 14% higher than 86% 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

Workers Federal Credit Union 401(k) Retirement 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. Workers Federal Credit Union 401(k) Retirement Plan sits mid-pack in the medium band (325 participants).

Published 5500 schedule card

Filing strip 042079901 · Workers Federal Credit Union PY 2022 · 401(k)

Workers Federal Credit Union 401(k) Retirement Plan · $39M · 325 · 86th

  • RANK $39M
  • PHOTO 325
  • IND 86th
  • EOY 401(k)
  • 5500 near Hugh Chatham Memorial Hospital, Inc. 401(k) Plan
  • ASSETS ind #7121

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 Massachusetts →

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

Workers Federal Credit Union 401(k) Retirement PlanWorkers Federal Credit Union…$39MHugh Chatham Memorial Hospital, Inc. 401(k) PlanHugh Chatham Memorial Hospit…$39MGardens Alive 401(k) Salary Savings PlanGardens Alive 401(k) Salary …$39MThe Republic Mortgage Insurance Company and AffiliThe Republic Mortgage Insura…$39MRudin Management Co., Inc. 401(k) PlanRudin Management Co., Inc. 4…$39M
End-of-year total assets ($M) among Workers Federal Credit Union 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$39M
Net Income-$7M
Employer EIN042079901
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workers Federal Credit Union)

Sponsor-wide plan assets over time

All Workers Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$45M 15.884183393982282% vs 2022
2024 filing year
$38M$40M$42M$44M$46M 202220232024 $38.7M $44.8M ▲ +15.9%
Year Plans Participants Total Assets
2022 1 325 $39M
2023 1 362 $41M
2024 1 325 $45M

Nearby 401(k) Plans in Massachusetts

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

Workers Federal Credit Union 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Workers Federal Credit Union 401(k) Retirement Plan, Total assets ($B): 0.038686024 · Participants: 325Workers Federal Credit Union 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Workers Federal Credit Union 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Workers Federal Credit Union 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Hugh Chatham Memorial Hospital, Inc. 401(k) Plan in NC ($39M); by covered participants it is Tegra118 401(k) Retirement Plan in NJ (325 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (325 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 Workers Federal Credit Union 401(k) Retirement Plan assets move in 2022? ▼
Workers Federal Credit Union 401(k) Retirement Plan pulled back noticeably - down 14.8% during 2022, from $45M to $39M. Reported net income was -$7M.
How have Workers Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Workers Federal Credit Union's sponsor-wide assets grew 15.9%, from $39M to $45M.
Where does Workers Federal Credit Union 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Workers Federal Credit Union 401(k) Retirement Plan ranks in the 86th 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 Workers Federal Credit Union 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hugh Chatham Memorial Hospital, Inc. 401(k) Plan in NC ($39M, 855 participants).
Which 401(k) plans cover a similar participant headcount to Workers Federal Credit Union 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tegra118 401(k) Retirement Plan in NJ (325 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 042079901.

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.