401(k) · DOL Form 5500 · 2023

Charter Oak Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
166
Participants Small participant base
81st
Percentile by assets National rank
$199,058
Avg per participant Above avg balance/head
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Official DOL plan name: Charter Oak Federal Credit Union Retirement Plan · Sponsored by Charter Oak Federal Credit Union · Connecticut · Finance & Insurance

$33M in assets, 166 participants

Charter Oak Federal Credit Union's Charter Oak Federal Credit Union Retirement Plan reported $33M in total assets and 166 participants in its 2023 DOL Form 5500 filing, ranking in the 81st 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.

  • #6,231 in Finance & Insurance (8,869 peers)

Coverage in Connecticut

Charter Oak Federal Credit Union Retirement Plan covers 166 participants in Connecticut, about 23% of the average Connecticut filer (state average ~718 per filing). Assets: $33M.

#6,231
in Finance & Insurance (8,869 peers)
+13.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Charter Oak Federal Credit Union Retirement Plan's outsized position by total assets

Charter Oak Federal Credit Union Retirement Plan vs every filed plan by assets

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

$33,043,633 Top 19% higher than 81% 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

Charter Oak Federal Credit Union Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Charter Oak Federal Credit Union Retirement Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Charter Oak Federal Credit Union Retirement Plan reported net income rose from -$7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Charter Oak Federal Credit Union Retirement Plan end-of-year assets rose from $29M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Charter Oak Federal Credit Union Retirement Plan reported participants fell from 175 in the plan year 2022 filing to 166 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 060659509 · Charter Oak Federal Credit Union PY 2023 · 401(k)

Charter Oak Federal Credit Union Retirement Plan · $33M · 166 · 81st

  • TYPE $33M
  • NET 166
  • BOOK 81st
  • VS-ST 401(k)
  • BOY near American College of Physicians, Inc. Defined Contribution Retirement Plan B
  • SCH ind #6231

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 Connecticut →

Charter Oak Federal Credit Union Retirement Plan in the asset neighbourhood

Charter Oak Federal Credit Union Retirement PlanCharter Oak Federal Credit U…$33MAmerican College of Physicians, Inc. Defined Contribution Retirement Plan BAmerican College of Physicia…$33MGeneral Plumbing Supply, Inc. Retirement and 401(k) PlanGeneral Plumbing Supply, Inc…$33MAvantus LLC 401(k) Profit Sharing Plan and TrustAvantus LLC 401(k) Profit Sh…$33MBronner Display & Sign Advertising, Inc. Profit Sharing PlanBronner Display & Sign Adver…$33M
End-of-year total assets ($M) among Charter Oak Federal Credit Union Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$33M
Net Income$4M
Employer EIN060659509
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Charter Oak Federal Credit Union)

Sponsor-wide plan assets over time

All Charter Oak Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$39M 17.859278237994257% vs 2022
2024 filing year
$32M$34M$36M$38M$40M 202220232024 $32.7M $38.5M ▲ +17.8%
Year Plans Participants Total Assets
2022 2 310 $33M
2023 2 311 $37M
2024 2 302 $39M

Nearby 401(k) Plans in Connecticut

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

Charter Oak Federal Credit Union Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Charter Oak Federal Credit Union Retirement Plan, Total assets ($B): 0.033043633 · Participants: 166Charter Oak Federal Credit Union Retirement PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Charter Oak Federal Credit Union Retirement Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Charter Oak Federal Credit Union Retirement Plan side-by-side with 3 peers →

Charter Oak Federal Credit Union Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is American College of Physicians, Inc. Defined Contribution Retirement Plan B in PA ($33M); by covered participants it is California Retina Associates 401(k) Plan in CA (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Charter Oak Federal Credit Union Retirement Plan assets move in 2023? ▼
Charter Oak Federal Credit Union Retirement Plan grew at a solid clip - up 13.1% during 2023, from $29M to $33M. Reported net income was $4M.
How have Charter Oak Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Charter Oak Federal Credit Union's sponsor-wide assets grew 17.9%, from $33M to $39M.
Where does Charter Oak Federal Credit Union Retirement Plan rank by assets among Form 5500 filers? ▼
Charter Oak Federal Credit Union Retirement Plan ranks in the 81st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Charter Oak Federal Credit Union Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is American College of Physicians, Inc. Defined Contribution Retirement Plan B in PA ($33M, 142 participants).
Which 401(k) plans cover a similar participant headcount to Charter Oak Federal Credit Union Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is California Retina Associates 401(k) Plan in CA (166 participants, $362K 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 060659509.

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.