Money Purchase · DOL Form 5500 · 2022
Redwood Credit Union Money Purchase Plan
Data updated 2026-08-11
- $27M
- Total assets
- 125
- Participants
- 81st
- Percentile by assets
- $214,220
- Avg per participant
Official DOL plan name: Redwood Credit Union Target Benefit Plan · Sponsored by Redwood Credit Union · California · Finance & Insurance
$27M in assets, 125 participants
Redwood Credit Union's Redwood Credit Union Target Benefit Plan reported $27M in total assets and 125 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.
- 81st percentile by assets (of 139,126 plans)
- #6,477 in Finance & Insurance (9,261 peers)
Coverage in California
Redwood Credit Union Target Benefit Plan covers 125 participants in California, about 20% of the average California filer (state average ~630 per filing). Assets: $27M.
- $27M
- total plan assets (2022 EOY)
- 125
- covered participants
- 81st
- percentile by assets (of 139,126 plans)
- $214,220
- avg assets per participant
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Redwood Credit Union Target Benefit Plan reports 125 participants - about 20% of that state average ($27M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $27M |
| Net Income | -$6M |
| Employer EIN | 941244186 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Redwood Credit Union)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 818 | $94M |
| 2023 | 2 | 859 | $121M |
| 2024 | 2 | 946 | $140M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Redwood Credit Union Target Benefit Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $5.9B · 17,035
- Kaiser Permanente Supplemental Savings and Retirement Plan $4.3B · 36,448
- University of Southern California Defined Contribution Retirement Plan $3.8B · 20,087
- Carpenters Annuity Trust Fund for Northern California $3.0B · 26,442
- Directors Guild of America-Producer Pension Plan Supplemental Benefit Plan $2.0B · 22,792
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Redwood Credit Union Target Benefit Plan by total assets, not by location.
- Ufcw Local 2013 Annuity Fund (NY) $27M · 4,852
- Teamsters Local 929 Retirement Plan (NJ) $27M · 1,466
- Pax Machine Works, Inc. Pension Plan & Trust (OH) $26M · 192
- Knea Employees' Contributory Pension Plan & Trust (KS) $26M · 49
Frequently Asked Questions
How did Redwood Credit Union Target Benefit Plan assets move in 2022? ▼
How have Redwood Credit Union plan assets changed over time? ▼
Where does Redwood Credit Union Target Benefit Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Redwood Credit Union Target Benefit Plan? ▼
Next read for Redwood Credit Union Target Benefit Plan
Filing takeaways
Ways to act on Redwood Credit Union Target Benefit Plan's numbers.
- By total assets, Redwood Credit Union Target Benefit Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Redwood Credit Union's sponsor-wide assets have grown 49.5% since 2022 across 3 plan years on file. More Finance & Insurance plans