Defined Benefit (Pension) · DOL Form 5500 · 2022

True Community Credit Union Pension Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
187
Participants Below avg headcount
79th
Percentile by assets National rank
$125,108
Avg per participant Near avg balance/head
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Official DOL plan name: True Community Credit Union Cash Balance Defined Benefit Plan and Trust · Sponsored by True Community Credit Union · Michigan · Finance & Insurance

$23M in assets, 187 participants

True Community Credit Union's True Community Credit Union Cash Balance Defined Benefit Plan and Trust reported $23M in total assets and 187 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • #6,212 in Finance & Insurance (9,261 peers)

Coverage in Michigan

True Community Credit Union Cash Balance Defined Benefit Plan and Trust covers 187 participants in Michigan, about 29% of the average Michigan filer (state average ~638 per filing). Assets: $23M.

#6,212
in Finance & Insurance (9,261 peers)
-19.1%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

True Community Credit Union Cash Balance Defined Benefit Plan and Trust's outsized position by total assets

True Community Credit Union Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$23,395,132 Top 21% higher than 79% 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

True Community Credit Union Cash Balance Defined Benefit 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. True Community Credit Union Cash Balance Defined Benefit Plan and Trust sits mid-pack in the medium band (187 participants).

DOL schedule card

Filing strip 381453620 · True Community Credit Union PY 2022 · Defined Benefit (Pension)

True Community Credit Union Cash Balance Defined Benefit Plan and Trust · $23M · 187 · 79th

  • PCT $23M
  • PCT 187
  • PCT 79th
  • PCT Defined Benefit (Pension)
  • PCT near Masonic Hall & Asylum Employees Retirement Fund
  • PCT ind #6212

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 Michigan →

True Community Credit Union Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

True Community Credit Union Cash Balance Defined Benefit Plan and TrustTrue Community Credit Union …$23MMasonic Hall & Asylum Employees Retirement FundMasonic Hall & Asylum Employ…$23MJrmb II Pension Plan$23MR. G. Barry Corporation Associates' Retirement PlanR. G. Barry Corporation Asso…$23MBradford Hospital Retirement PlanBradford Hospital Retirement…$23M
End-of-year total assets ($M) among True Community Credit Union Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$23M
Net Income-$6M
Employer EIN381453620
Plan Effective Date1969-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (True Community Credit Union)

Sponsor-wide plan assets over time

All True Community Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$28M 19.32174180509005% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.4M $27.9M ▲ +19.3%
Year Plans Participants Total Assets
2022 1 187 $23M
2023 1 192 $26M
2024 1 189 $28M

Nearby Defined Benefit (Pension) Plans in Michigan

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

True Community Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants True Community Credit Union Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.023395132 · Participants: 187True Community Credit Union Cash Balance Defined Benefit Plan and TrustGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 40.23255743 · Participants: 18766General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.279653433 · Participants: 27567Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 13.42905347 · Participants: 11760Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 13.018181682 · Participants: 13759Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 8.553889919 · Participants: 14563Fca US LLC UAW Pension Agreement
True Community Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare True Community Credit Union Cash Balance Defined Benefit Plan and Trust side-by-side with 3 peers →

True Community Credit Union Cash Balance Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Masonic Hall & Asylum Employees Retirement Fund in NY ($23M); by covered participants it is Associated Medical Professionals of Ny, PLLC Employees' Defined Benefit Pension Plan in NY (187 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

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 True Community Credit Union Cash Balance Defined Benefit Plan and Trust assets move in 2022? ▼
True Community Credit Union Cash Balance Defined Benefit Plan and Trust declined sharply - down 19.1% during 2022, from $29M to $23M. Reported net income was -$6M.
How have True Community Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), True Community Credit Union's sponsor-wide assets grew 19.3%, from $23M to $28M.
Where does True Community Credit Union Cash Balance Defined Benefit Plan and Trust rank by assets among Form 5500 filers? ▼
True Community Credit Union Cash Balance Defined Benefit Plan and Trust ranks in the 79th 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 True Community Credit Union Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Masonic Hall & Asylum Employees Retirement Fund in NY ($23M, 99 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to True Community Credit Union Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Associated Medical Professionals of Ny, PLLC Employees' Defined Benefit Pension Plan in NY (187 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 381453620.

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.