401(k) · DOL Form 5500 · 2022

Pen Air Credit Union 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
314
Participants Below avg headcount
82nd
Percentile by assets National rank
$89,343
Avg per participant Below avg balance/head
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Official DOL plan name: Pen Air Credit Union 401(k) Plan · Sponsored by Pen Air Credit Union · Florida · Finance & Insurance

$28M in assets, 314 participants

Pen Air Credit Union's Pen Air Credit Union 401(k) Plan reported $28M in total assets and 314 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.

  • #6,563 in Finance & Insurance (9,261 peers)

Coverage in Florida

Pen Air Credit Union 401(k) Plan covers 314 participants in Florida, about 50% of the average Florida filer (state average ~628 per filing). Assets: $28M.

#6,563
in Finance & Insurance (9,261 peers)
-16.0%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Pen Air Credit Union 401(k) Plan's outsized position by total assets

Pen Air Credit Union 401(k) Plan vs every filed plan by assets

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

$28,053,603 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

Pen Air Credit Union 401(k) 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. Pen Air Credit Union 401(k) Plan sits mid-pack in the medium band (314 participants).

Form 5500 schedule snapshot

Filing strip 590642991 · Pen Air Credit Union PY 2022 · 401(k)

Pen Air Credit Union 401(k) Plan · $28M · 314 · 82nd

  • RANK $28M
  • PHOTO 314
  • IND 82nd
  • EOY 401(k)
  • 5500 near Storey-Kenworthy Company 401(k) Profit Sharing Plan and Trust
  • ASSETS ind #6563

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 Florida →

Pen Air Credit Union 401(k) Plan in the asset neighbourhood

American Renolit Corporation 401(k) PlanAmerican Renolit Corporation…$28MGpm Home Office Employees Retirement PlanGpm Home Office Employees Re…$28MPen Air Credit Union 401(k) PlanPen Air Credit Union 401(k) …$28MStorey-Kenworthy Company 401(k) Profit Sharing Plan and TrustStorey-Kenworthy Company 401…$28MEnnead Architects LLP 401(k) PlanEnnead Architects LLP 401(k)…$28M
End-of-year total assets ($M) among Pen Air Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$28M
Net Income-$5M
Employer EIN590642991
Plan Effective Date1970-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pen Air Credit Union)

Sponsor-wide plan assets over time

All Pen Air Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$37M 33.54985454096573% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.1M $37.5M ▲ +33.6%
Year Plans Participants Total Assets
2022 1 314 $28M
2023 1 329 $33M
2024 1 362 $37M

Nearby 401(k) Plans in Florida

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

Pen Air Credit Union 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Pen Air Credit Union 401(k) Plan, Total assets ($B): 0.028053603 · Participants: 314Pen Air Credit Union 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Pen Air Credit Union 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Pen Air Credit Union 401(k) Plan side-by-side with 3 peers →

Pen Air Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Storey-Kenworthy Company 401(k) Profit Sharing Plan and Trust in IA ($28M); by covered participants it is Benton Enterprises, Inc. 401(k) Plan in TX (314 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (314 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 Pen Air Credit Union 401(k) Plan assets move in 2022? ▼
Pen Air Credit Union 401(k) Plan declined sharply - down 16.0% during 2022, from $33M to $28M. Reported net income was -$5M.
How have Pen Air Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pen Air Credit Union's sponsor-wide assets grew 33.5%, from $28M to $37M.
Where does Pen Air Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Pen Air Credit Union 401(k) 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 Pen Air Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Storey-Kenworthy Company 401(k) Profit Sharing Plan and Trust in IA ($28M, 200 participants).
Which 401(k) plans cover a similar participant headcount to Pen Air Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Benton Enterprises, Inc. 401(k) Plan in TX (314 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 590642991.

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.