Defined Benefit (Pension) · DOL Form 5500 · 2022

Coastal Federal Credit Union Pension Plan

Data updated 2026-08-11

$53M
Total assets
509
Participants
88th
Percentile by assets
$104,227
Avg per participant
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Official DOL plan name: Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust · Sponsored by Coastal Federal Credit Union · North Carolina · Finance & Insurance

$53M in assets, 509 participants

Coastal Federal Credit Union's Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust reported $53M in total assets and 509 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • 88th percentile by assets (of 139,126 plans)
  • #7,549 in Finance & Insurance (9,261 peers)

Where Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits by assets

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits in the top quartile of all filed plans by assets, $53M for 509 participants (~$104,227/participant), down 14.1% in 2022.

$53M
total plan assets (2022 EOY)
509
covered participants
88th
percentile by assets (of 139,126 plans)
$104,227
avg assets per participant

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits by total assets

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs every filed plan by assets

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

$53,051,302 Top 12% higher than 88% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
North Carolina
Industry
Finance & Insurance

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs the 2022 asset distribution

By assets, Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust outranks 88% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$62M
Net Assets (End of Year)$53M
Net Income-$9M
Employer EIN560904243
Plan Effective Date1974-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coastal Federal Credit Union)

$120M$130M$140M$150M$160M 202220232024 $124M $149M ▲ +20.4%
Total plan assets by year, all Coastal Federal Credit Union plans on file
Year Plans Participants Total Assets
2022 2 1,107 $124M
2023 2 1,158 $144M
2024 2 1,199 $149M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Coastal Federal Cred…, Total assets ($B): 0.053051302 · Participants: 509Coastal Federal Cred…Honeywell Retirement…, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement…Truist Financial Cor…, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Cor…Duke Energy Legacy P…, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy P…Duke Energy Retireme…, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retireme…Time Warner Cable Pe…, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pe…
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Coastal Federal Credit Union Cash Balanc… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust assets move in 2022? ▼
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust pulled back noticeably - down 14.1% during 2022, from $62M to $53M. Reported net income was -$9M.
How have Coastal Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Coastal Federal Credit Union's sponsor-wide assets grew 20.4%, from $124M to $149M.
Where does Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust rank by assets among Form 5500 filers? ▼
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust ranks in the 88th 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 Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alixpartners, LLP Cash Balance Plan in MI ($53M, 180 participants).

Next read for Coastal Federal Credit Union Cash Balanc…

Scale reading

Ways to act on Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust's numbers.

  • By total assets, Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
  • Coastal Federal Credit Union's sponsor-wide assets have grown 20.4% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 560904243.

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.