401(k) · DOL Form 5500 · 2022
State Employees' Credit Union 401(k) Plan
Data updated 2026-08-25
- $1.1B
- Total assets Very large vs avg
- 7,000
- Participants Above avg headcount
- 99th
- Percentile by assets National rank
- $152,787
- Avg per participant Above avg balance/head
Official DOL plan name: State Employees' Credit Union Retirement Savings Plan · Sponsored by State Employees' Credit Union · North Carolina · Finance & Insurance
$1.1B in assets, 7,000 participants
State Employees' Credit Union's State Employees' Credit Union Retirement Savings Plan reported $1.1B in total assets and 7,000 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- #9,068 in Finance & Insurance (9,261 peers)
Coverage in North Carolina
State Employees' Credit Union Retirement Savings Plan covers 7,000 participants in North Carolina, 8.5x the typical North Carolina plan (state average ~819 per filing). Assets: $1.1B.
- #9,068
- in Finance & Insurance (9,261 peers)
- -12.3%
- assets change YoY
- 11×
- vs typical plan assets (national mean)
The plan reported a net loss of $150M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
State Employees' Credit Union Retirement Savings Plan's outsized position by total assets
State Employees' Credit Union Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,069,511,549 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
State Employees' Credit Union Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. State Employees' Credit Union Retirement Savings Plan lands in the large band (7,000 participants).
Published 5500 schedule card
Filing strip 560475645 · State Employees' Credit Union PY 2022 · 401(k)
State Employees' Credit Union Retirement Savings Plan · $1.1B · 7,000 · 99th
- NET $1.1B
- NET 7,000
- NET 99th
- NET 401(k)
- NET near Promedica Health System, Inc. 401(k) Plan
- NET ind #9068
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 North Carolina →
State Employees' Credit Union Retirement Savings Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.2B |
|---|---|
| Net Assets (End of Year) | $1.1B |
| Net Income | -$150M |
| Employer EIN | 560475645 |
| Plan Effective Date | 1983-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (State Employees' Credit Union)
Sponsor-wide plan assets over time
All State Employees' Credit Union plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 46.63448491662805% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,000 | $1.1B |
| 2023 | 1 | 7,706 | $1.3B |
| 2024 | 1 | 7,854 | $1.6B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Scale composition for State Employees' Credit Union Retirement Savings Plan
State Employees' Credit Union Retirement Savings Plan reports $1.1B in end-of-year assets across 7,000 participants (0.009% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $152,787 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2022 was -$150M.
This plan identity (EIN 560475645, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.6B (+46.6%) while covered participants moved from 7,000 to 7,854 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,000 | $1.1B | This page |
| 2023 | 7,706 | $1.3B | Open filing |
| 2024 · index core | 7,854 | $1.6B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- State Employees' Credit Union Retirement Savings Plan (401(k), $1.6B, 7,854 participants)
State Employees' Credit Union Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Promedica Health System, Inc. 401(k) Plan in OH ($1.1B); by covered participants it is Kar Auction Services, Inc. 401(k) Plan in IN (6,996 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.1B here).
- Promedica Health System, Inc. 401(k) Plan (OH) $1.1B · 18,050
- Bmc Software, Inc. Savings and Investment Plan (TX) $1.1B · 2,007
- First Republic Bank 401(k) Plan (TX) $1.1B · 6,024
- Bwxt Thrift Plan (VA) $1.1B · 4,716
Similar participant headcount
Nearest other-state filings by covered participants (7,000 participants); asset peers above are excluded.
- Kar Auction Services, Inc. 401(k) Plan (IN) 6,996 · 4 off
- Nelnet 401(k) Plan (NE) 6,977 · 23 off
- Tawa Supermarket, Inc. 401(k) Plan (CA) 7,023 · 23 off
- Gundersen Lutheran Employees' Retirement Plan (WI) 7,026 · 26 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.