401(k) · DOL Form 5500 · 2022

Charter Oak Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
175
Participants Small participant base
82nd
Percentile by assets National rank
$166,892
Avg per participant Above avg balance/head
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Official DOL plan name: Charter Oak Federal Credit Union Retirement Plan · Sponsored by Charter Oak Federal Credit Union · Connecticut · Finance & Insurance

$29M in assets, 175 participants

Charter Oak Federal Credit Union's Charter Oak Federal Credit Union Retirement Plan reported $29M in total assets and 175 participants in its 2022 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,642 in Finance & Insurance (9,261 peers)

Coverage in Connecticut

Charter Oak Federal Credit Union Retirement Plan covers 175 participants in Connecticut, about 24% of the average Connecticut filer (state average ~718 per filing). Assets: $29M.

#6,642
in Finance & Insurance (9,261 peers)
-19.3%
assets change YoY
0.3×
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.

Charter Oak Federal Credit Union Retirement Plan's outsized position by total assets

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

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

$29,206,129 Top 18% higher than 82% 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 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 sits mid-pack in the medium band (175 participants).

Plan-year Form 5500 strip

Filing strip 060659509 · Charter Oak Federal Credit Union PY 2022 · 401(k)

Charter Oak Federal Credit Union Retirement Plan · $29M · 175 · 82nd

  • PHOTO $29M
  • PHOTO 175
  • PHOTO 82nd
  • PHOTO 401(k)
  • PHOTO near Stutzman, Bromberg, Esserman & Plifka 401(k) Retirement Plan
  • PHOTO ind #6642

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 in the asset neighbourhood

Charter Oak Federal Credit Union Retirement PlanCharter Oak Federal Credit U…$29MStutzman, Bromberg, Esserman & Plifka 401(k) Retirement PlanStutzman, Bromberg, Esserman…$29MJacobs Group 401(k) Plan$29MThe Lycra Company 401(k) Plan$29MContinental Cars, Inc. 401(k) Plan & TrustContinental Cars, Inc. 401(k…$29M
End-of-year total assets ($M) among Charter Oak Federal Credit Union Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Connecticut filing particulars

Total Assets (Beginning of Year)$36M
Net Assets (End of Year)$29M
Net Income-$7M
Employer EIN060659509
Plan Effective Date1997-01-01
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 401(k) Plans in Connecticut

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

Charter Oak Federal Credit Union Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Charter Oak Federal Credit Union Retirement Plan, Total assets ($B): 0.029206129 · Participants: 175Charter Oak Federal Credit Union Retirement PlanUnited Technologies Corporation Employee Savings Plan, Total assets ($B): 48.916975 · Participants: 55762United Technologies Corporation Employee Savings PlanGE Retirement Savings Plan, Total assets ($B): 24.786830027 · Participants: 57522GE Retirement Savings PlanCiti Retirement Savings Plan, Total assets ($B): 17.438946034 · Participants: 70070Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 5.615003 · Participants: 17724The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.641347 · Participants: 11876Xerox Corporation Savings Plan
Charter Oak Federal Credit Union Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Charter Oak Federal Credit Union Retirement Plan side-by-side with 3 peers →

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

Outside Connecticut, the nearest 401(k) by assets is Stutzman, Bromberg, Esserman & Plifka 401(k) Retirement Plan in TX ($29M); by covered participants it is Gudenkauf Corporation 401(k) Profit Sharing Plan in OH (175 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (175 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 assets move in 2022? ▼
Charter Oak Federal Credit Union Retirement Plan declined sharply - down 19.3% during 2022, from $36M to $29M. Reported net income was -$7M.
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.
Where does Charter Oak Federal Credit Union Retirement Plan rank by assets among Form 5500 filers? ▼
Charter Oak Federal Credit Union Retirement Plan ranks in the 82nd 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 Charter Oak Federal Credit Union Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stutzman, Bromberg, Esserman & Plifka 401(k) Retirement Plan in TX ($29M, 45 participants).
Which 401(k) plans cover a similar participant headcount to Charter Oak Federal Credit Union Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gudenkauf Corporation 401(k) Profit Sharing Plan in OH (175 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 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.