Money Purchase · DOL Form 5500 · 2022

Charter Oak Federal Credit Union Money Purchase Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
135
Participants Small participant base
43rd
Percentile by assets National rank
$25,775
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Charter Oak Federal Credit Union Retirement Plan for Union Employees · Sponsored by Charter Oak Federal Credit Union · Connecticut · Finance & Insurance

$3M in assets, 135 participants

Charter Oak Federal Credit Union's Charter Oak Federal Credit Union Retirement Plan for Union Employees reported $3M in total assets and 135 participants in its 2022 DOL Form 5500 filing, ranking in the 43rd 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.

  • #2,728 in Finance & Insurance (9,261 peers)

Coverage in Connecticut

Charter Oak Federal Credit Union Retirement Plan for Union Employees covers 135 participants in Connecticut, about 19% of the average Connecticut filer (state average ~718 per filing). Assets: $3M.

#2,728
in Finance & Insurance (9,261 peers)
-24.1%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Charter Oak Federal Credit Union Retirement Plan for Union Employees's mid-pack asset rank among Finance & Insurance and all filers

Charter Oak Federal Credit Union Retirement Plan for Union Employees vs every filed plan by assets

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

$3,479,576 43rd percentile higher than 43% 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

Charter Oak Federal Credit Union Retirement Plan for Union Employees 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. Charter Oak Federal Credit Union Retirement Plan for Union Employees sits mid-pack in the medium band (135 participants).

Published 5500 schedule card

Filing strip 060659509 · Charter Oak Federal Credit Union PY 2022 · Money Purchase

Charter Oak Federal Credit Union Retirement Plan for Union Employees · $3M · 135 · 43rd

  • 5500 $3M
  • 5500 135
  • 5500 43rd
  • 5500 Money Purchase
  • 5500 near Stanley G. Haas Retirement Plan
  • 5500 ind #2728

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 Connecticut →

Charter Oak Federal Credit Union Retirement Plan for Union Employees in the asset neighbourhood

R.L. Zeigler Co., Inc. Money Purchase Pension PlanR.L. Zeigler Co., Inc. Money…$4MSundown M Ranch Corporation Employees Retirement PlanSundown M Ranch Corporation …$4MCharter Oak Federal Credit Union Retirement Plan for Union EmployeesCharter Oak Federal Credit U…$3MStanley G. Haas Retirement PlanStanley G. Haas Retirement P…$3MHelping Hand of Goodwill Industries Extended Employment Sheltered Workshop Retirement PlanHelping Hand of Goodwill Ind…$3M
End-of-year total assets ($M) among Charter Oak Federal Credit Union Retirement Plan for Union Employees and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$3M
Net Income-$1M
Employer EIN060659509
Plan Effective Date1956-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Charter Oak Federal Credit Union)

Sponsor-wide plan assets over time

All Charter Oak Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$39M 17.859278237994257% vs 2022
2024 filing year
$32M$34M$36M$38M$40M 202220232024 $32.7M $38.5M ▲ +17.8%
Year Plans Participants Total Assets
2022 2 310 $33M
2023 2 311 $37M
2024 2 302 $39M

Nearby Money Purchase Plans in Connecticut

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Charter Oak Federal Credit Union Retirement Plan for Union Employees vs. nearby Money Purchase plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -2000200400600800 Total assets ($M) Participants Charter Oak Federal Credit Union Retirement Plan for Union Employees, Total assets ($M): 3.479576 · Participants: 135Charter Oak Federal Credit Union Retirement Plan for Union EmployeesNew England Electrical Workers Money Purchase Plan and Trust, Total assets ($M): 607.503917 · Participants: 7904New England Electrical Workers Money Purchase Plan and TrustEquinor US Holdings Inc. Money Purchase Pension Plan, Total assets ($M): 142.016376 · Participants: 593Equinor US Holdings Inc. Money Purchase Pension PlanSouthern Ct IBEW Annuity Plan, Total assets ($M): 70.657052 · Participants: 479Southern Ct IBEW Annuity PlanMoney Purchase Retirement Plan of U.a. Local 716, Total assets ($M): 32.418559 · Participants: 460Money Purchase Retirement Plan of U.a. Local 716Swisher International Inc. Defined Contribution Plan for Salaried Employees, Total assets ($M): 17.371482 · Participants: 462Swisher International Inc. Defined Contribution Plan for Salaried Employees
Charter Oak Federal Credit Union Retirement Plan for Union Employees vs. nearby Money Purchase plans in Connecticut, assets vs. participants
Compare Charter Oak Federal Credit Union Retirement Plan for Union Employees side-by-side with 3 peers →

Charter Oak Federal Credit Union Retirement Plan for Union Employees's out-of-state Money Purchase peers by assets and headcount

Outside Connecticut, the nearest Money Purchase by assets is Stanley G. Haas Retirement Plan in MN ($3M); by covered participants it is Lansing Local 826 Glazier's Restated Money Purchas E Pension Trust in MI (135 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (135 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 Charter Oak Federal Credit Union Retirement Plan for Union Employees assets move in 2022? ▼
Charter Oak Federal Credit Union Retirement Plan for Union Employees declined sharply - down 24.1% during 2022, from $5M to $3M. Reported net income was -$1M.
How have Charter Oak Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Charter Oak Federal Credit Union's sponsor-wide assets grew 17.9%, from $33M to $39M.
Which Money Purchase plans are similar in size to Charter Oak Federal Credit Union Retirement Plan for Union Employees? ▼
Among Money Purchase plans in other states, the closest by assets is Stanley G. Haas Retirement Plan in MN ($3M, 1 participant).
Which Money Purchase plans cover a similar participant headcount to Charter Oak Federal Credit Union Retirement Plan for Union Employees? ▼
Among Money Purchase plans in other states, the closest by covered participants is Lansing Local 826 Glazier's Restated Money Purchas E Pension Trust in MI (135 participants, $28M 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 060659509.

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.