Defined Benefit (Pension) · DOL Form 5500 · 2022

Island Federal Credit Union Pension Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
128
Participants Small participant base
84th
Percentile by assets National rank
$268,127
Avg per participant High balance/head
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Official DOL plan name: Island Federal Credit Union Retirement Income Plan and Trust · Sponsored by Island Federal Credit Union · New York · Finance & Insurance

$34M in assets, 128 participants

Island Federal Credit Union's Island Federal Credit Union Retirement Income Plan and Trust reported $34M in total assets and 128 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,923 in Finance & Insurance (9,261 peers)

Coverage in New York

Island Federal Credit Union Retirement Income Plan and Trust covers 128 participants in New York, about 16% of the average New York filer (state average ~798 per filing). Assets: $34M.

#6,923
in Finance & Insurance (9,261 peers)
-19.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Island Federal Credit Union Retirement Income Plan and Trust's outsized position by total assets

Island Federal Credit Union Retirement Income Plan and Trust vs every filed plan by assets

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

$34,320,194 Top 16% higher than 84% 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

Island Federal Credit Union Retirement Income Plan and Trust 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. Island Federal Credit Union Retirement Income Plan and Trust sits mid-pack in the medium band (128 participants).

Published 5500 schedule card

Filing strip 111814791 · Island Federal Credit Union PY 2022 · Defined Benefit (Pension)

Island Federal Credit Union Retirement Income Plan and Trust · $34M · 128 · 84th

  • VS-ST $34M
  • VS-ST 128
  • VS-ST 84th
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Williston Basin Interstate Pipeline Company Pension Plan
  • VS-ST ind #6923

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 New York →

Island Federal Credit Union Retirement Income Plan and Trust in the asset neighbourhood

Pennsylvania Compensation Rating Bureau Employee Retirement PlanPennsylvania Compensation Ra…$34MWilliston Basin Interstate Pipeline Company Pension PlanWilliston Basin Interstate P…$34MIsland Federal Credit Union Retirement Income Plan and TrustIsland Federal Credit Union …$34MMichigan Sugar Company Pension PlanMichigan Sugar Company Pensi…$34MPension Plan for Represented Hourly-Paid Employees of National GypsumPension Plan for Represented…$34M
End-of-year total assets ($M) among Island Federal Credit Union Retirement Income Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

New York filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$34M
Net Income-$8M
Employer EIN111814791
Plan Effective Date1971-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Island Federal Credit Union)

Sponsor-wide plan assets over time

All Island Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$60M 21.941928140662917% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $49M $59.7M ▲ +21.9%
Year Plans Participants Total Assets
2022 2 255 $49M
2023 2 261 $57M
2024 2 258 $60M

Nearby Defined Benefit (Pension) Plans in New York

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

Island Federal Credit Union Retirement Income Plan and Trust vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -100102030 Total assets ($B) Participants Island Federal Credit Union Retirement Income Plan and Trust, Total assets ($B): 0.034320194 · Participants: 128Island Federal Credit Union Retirement Income Plan and TrustIBM Personal Pension Plan, Total assets ($B): 25.511753238 · Participants: 16431IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 15.815266303 · Participants: 11303Consolidated Edison Retirement PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.656963 · Participants: 11386Pepsico Employees Retirement Plan INew York State Nurses Association Pension Plan, Total assets ($B): 5.019503014 · Participants: 18592New York State Nurses Association Pension PlanNew York District Council of Carpenters Pension Pl, Total assets ($B): 4.837058087 · Participants: 11318New York District Council of Carpenters Pension Pl
Island Federal Credit Union Retirement Income Plan and Trust vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Island Federal Credit Union Retirement Income Plan and Trust side-by-side with 3 peers →

Island Federal Credit Union Retirement Income Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New York, the nearest Defined Benefit (Pension) by assets is Williston Basin Interstate Pipeline Company Pension Plan in ND ($34M); by covered participants it is Neuroscience Group of Northeast Wisconsin, S.C. Cash Balance Plan in WI (128 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Island Federal Credit Union Retirement Income Plan and Trust assets move in 2022? ▼
Island Federal Credit Union Retirement Income Plan and Trust declined sharply - down 19.0% during 2022, from $42M to $34M. Reported net income was -$8M.
How have Island Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Island Federal Credit Union's sponsor-wide assets grew 21.9%, from $49M to $60M.
Where does Island Federal Credit Union Retirement Income Plan and Trust rank by assets among Form 5500 filers? ▼
Island Federal Credit Union Retirement Income Plan and Trust ranks in the 84th 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 Island Federal Credit Union Retirement Income Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Williston Basin Interstate Pipeline Company Pension Plan in ND ($34M, 84 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Island Federal Credit Union Retirement Income Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Neuroscience Group of Northeast Wisconsin, S.C. Cash Balance Plan in WI (128 participants, $13M 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 111814791.

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.