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

ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN

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

ABOUND FEDERAL CREDIT UNION

This 401(k) plan holds $10M in total assets and serves 298 participants as of 2022. It is sponsored by ABOUND FEDERAL CREDIT UNION in Kentucky. The plan reported positive net income of $953K for the year.

Total Assets (2023)
$10M
Participants
298
State
Industry
Finance & Insurance

What the Filing Says About ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN

ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN is a 401(k) retirement plan sponsored by ABOUND FEDERAL CREDIT UNION, headquartered in Kentucky. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 298 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 610549068, and the plan has been effective since 1998-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2022 to $10M at year-end — a gain of 10.5%. Net assets (after liabilities) closed the year at $10M, with reported net income of $953K 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)$9M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$953K
Plan Type401(k)
Employer EIN610549068
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (ABOUND FEDERAL CREDIT UNION)

Year Plans Participants Total Assets
2022 2 601 $40M
2023 2 660 $44M
2024 2 699 $57M

Nearby 401(k) Plans in Kentucky

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Frequently Asked Questions

How much money is in the ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN?
As of the 2022 Form 5500 filing, ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN holds $10M in total assets with 298 participants. It is sponsored by ABOUND FEDERAL CREDIT UNION.
What type of plan is ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN?
ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN is a 401(k) plan. It has been effective since 1998-01-01. The plan is filed with the U.S. Department of Labor under EIN 610549068.
Who sponsors the ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN?
ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN is sponsored by ABOUND FEDERAL CREDIT UNION, located in Kentucky. The sponsor's EIN is 610549068 and the plan operates in the Finance & Insurance industry.
How did ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN perform in 2022?
ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN grew by 10.5% during 2022, moving from $9M to $10M in total assets. Net income was $953K.
Where can I find official filings for ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 610549068 or plan name at efast.dol.gov.
How does ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN compare to other plans?
You can compare ABOUND FEDERAL CREDIT UNION EMPLOYEES RETIREMENT SAVINGS PLAN against other 401(k) plans on the plan type page, or view plans in Kentucky 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 610549068.

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 official public datasets. See our methodology for details.