401(k)
2022 plan-year 401(k) DOL Form 5500

Canvas Credit Union Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Canvas Credit Union · Colorado · Finance & Insurance

What the 2023 filing shows

Canvas Credit Union Savings Plan holds $45M for 696 participants — about $65,091 per participant, down 7.3% over the 2022 plan year.

$45M
total plan assets (2022 EOY)
696
covered participants
$65,091
avg assets per participant
-7.3%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$45M
Participants
696
State
Industry
Finance & Insurance

What the Filing Says About Canvas Credit Union Savings Plan

Canvas Credit Union Savings Plan is a 401(k) retirement plan sponsored by Canvas Credit Union, headquartered in Colorado. As of the 2022 Form 5500 filing, the plan reports $45M in total end-of-year assets and covers 696 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 846023137, and the plan has been effective since 1984-02-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $49M at the beginning of 2022 to $45M at year-end — a decline of 7.3%. Net assets (after liabilities) closed the year at $45M, with reported net income of $-4,061,111 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$49M
Total Assets (End of Year)$45M
Net Assets (End of Year)$45M
Net Income$-4,061,111
Plan Type401(k)
Employer EIN846023137
Plan Effective Date1984-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Canvas Credit Union)

Year Plans Participants Total Assets
2022 1 696 $45M
2023 1 741 $56M
2024 1 712 $67M

Nearby 401(k) Plans in Colorado

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

Frequently Asked Questions

How much money is in the Canvas Credit Union Savings Plan?
As of the 2022 Form 5500 filing, Canvas Credit Union Savings Plan holds $45M in total assets with 696 participants. It is sponsored by Canvas Credit Union.
What type of plan is Canvas Credit Union Savings Plan?
Canvas Credit Union Savings Plan is a 401(k) plan. It has been effective since 1984-02-01. The plan is filed with the U.S. Department of Labor under EIN 846023137.
Who sponsors the Canvas Credit Union Savings Plan?
Canvas Credit Union Savings Plan is sponsored by Canvas Credit Union, located in Colorado. The sponsor's EIN is 846023137 and the plan operates in the Finance & Insurance industry.
How did Canvas Credit Union Savings Plan perform in 2022?
Canvas Credit Union Savings Plan declined by 7.3% during 2022, moving from $49M to $45M in total assets. Net income was $-4,061,111.
Where can I find official filings for Canvas Credit Union Savings Plan?
Official Form 5500 filings for Canvas Credit Union Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 846023137 or plan name at efast.dol.gov.
How does Canvas Credit Union Savings Plan compare to other plans?
You can compare Canvas Credit Union Savings Plan against other 401(k) plans on the plan type page, or view plans in Colorado on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 846023137.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.