401(k) · DOL Form 5500 · 2023

Members Credit Union 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
99
Participants Small participant base
57th
Percentile by assets National rank
$95,820
Avg per participant Below avg balance/head
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Official DOL plan name: Members Credit Union 401(k) Income Deferral Plan · Sponsored by Members Credit Union · North Carolina · Finance & Insurance

$9M in assets, 99 participants

Members Credit Union's Members Credit Union 401(k) Income Deferral Plan reported $9M in total assets and 99 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,736 in Finance & Insurance (8,869 peers)

Members Credit Union multi-year trail

Members Credit Union's plans moved +38.9% in assets from 2022 to 2024; this filing shows Members Credit Union 401(k) Income Deferral Plan at $9M / 99 participants.

#3,736
in Finance & Insurance (8,869 peers)
+17.4%
assets growth YoY

Members Credit Union 401(k) Income Deferral Plan's mid-pack asset rank among Finance & Insurance and all filers

Members Credit Union 401(k) Income Deferral Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,486,172 Top 43% higher than 57% of 127,068 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 2023

Members Credit Union 401(k) Income Deferral Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Members Credit Union 401(k) Income Deferral Plan is a small filing (99 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Members Credit Union 401(k) Income Deferral Plan reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Members Credit Union 401(k) Income Deferral Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Members Credit Union 401(k) Income Deferral Plan reported participants fell from 106 in the plan year 2022 filing to 99 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 566043259 · Members Credit Union PY 2023 · 401(k)

Members Credit Union 401(k) Income Deferral Plan · $9M · 99 · 57th

  • PART $9M
  • PART 99
  • PART 57th
  • PART 401(k)
  • PART near T & L Automatics, Inc. Profit Sharing Plan
  • PART ind #3736

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 North Carolina →

Members Credit Union 401(k) Income Deferral Plan in the asset neighbourhood

Members Credit Union 401(k) Income Deferral PlanMembers Credit Union 401(k) …$9MT & L Automatics, Inc. Profit Sharing PlanT & L Automatics, Inc. Profi…$9MBerg Senior Services LLC 401(k) Profit Sharing Plan and TrustBerg Senior Services LLC 401…$9MMid Columbia Forklift, Inc. 401(k) PlanMid Columbia Forklift, Inc. …$9MElmcrest Childrens Center, Inc. 401(k) PlanElmcrest Childrens Center, I…$9M
End-of-year total assets ($M) among Members Credit Union 401(k) Income Deferral Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Members Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All Members Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$11M 38.9313950364978% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $8.08M $11.2M ▲ +38.9%
Year Plans Participants Total Assets
2022 1 106 $8M
2023 1 99 $9M
2024 1 104 $11M

Members Credit Union filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN566043259
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Members Credit Union 401(k) Income Deferral Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Members Credit Union 401(k) Income Deferral Plan, Total assets ($B): 0.009486172 · Participants: 99Members Credit Union 401(k) Income Deferral PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Members Credit Union 401(k) Income Deferral Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Members Credit Union 401(k) Income Deferral Plan side-by-side with 3 peers →

Members Credit Union 401(k) Income Deferral Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is T & L Automatics, Inc. Profit Sharing Plan in NY ($9M); by covered participants it is Arj Infusion Services, Inc. Employees Savings Trust in KS (99 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (99 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Members Credit Union 401(k) Income Deferral Plan assets move in 2023? ▼
Members Credit Union 401(k) Income Deferral Plan grew sharply - up 17.4% during 2023, from $8M to $9M. Reported net income was $1M.
How have Members Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Members Credit Union's sponsor-wide assets grew 38.9%, from $8M to $11M.
Which 401(k) plans are similar in size to Members Credit Union 401(k) Income Deferral Plan? ▼
Among 401(k) plans in other states, the closest by assets is T & L Automatics, Inc. Profit Sharing Plan in NY ($9M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Members Credit Union 401(k) Income Deferral Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Arj Infusion Services, Inc. Employees Savings Trust in KS (99 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 566043259.

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.