401(k) · DOL Form 5500 · 2023
New England Federal Credit Union 401(k) Plan
Data updated 2026-08-25
- $47M
- Total assets Below avg plan size
- 234
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $199,096
- Avg per participant Above avg balance/head
Official DOL plan name: New England Federal Credit Union Salary Savings Plan · Sponsored by New England Federal Credit Union · Vermont · Finance & Insurance
$47M in assets, 234 participants
New England Federal Credit Union's New England Federal Credit Union Salary Savings Plan reported $47M in total assets and 234 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- #6,807 in Finance & Insurance (8,869 peers)
Where New England Federal Credit Union Salary Savings Plan sits by assets
New England Federal Credit Union Salary Savings Plan sits in the top quartile of all filed plans by assets, $47M for 234 participants (~$199,096/participant), up 220.1% in 2023.
- #6,807
- in Finance & Insurance (8,869 peers)
- +220.1%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
New England Federal Credit Union Salary Savings Plan's outsized position by total assets
New England Federal Credit Union Salary Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$46,588,501 Top 15% higher than 85% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
New England Federal Credit Union Salary Savings 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. New England Federal Credit Union Salary Savings Plan sits mid-pack in the medium band (234 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- New England Federal Credit Union Salary Savings Plan reported net income rose from -$915K in the plan year 2022 filing to $9M in the plan year 2023 filing.
- New England Federal Credit Union Salary Savings Plan end-of-year assets rose from $15M in the plan year 2022 filing to $47M in the plan year 2023 filing.
- New England Federal Credit Union Salary Savings Plan reported participants rose from 222 in the plan year 2022 filing to 234 in the plan year 2023 filing.
Form 5500 schedule snapshot
Filing strip 030213411 · New England Federal Credit Union PY 2023 · 401(k)
New England Federal Credit Union Salary Savings Plan · $47M · 234 · 85th
- RANK $47M
- RANK 234
- RANK 85th
- RANK 401(k)
- RANK near Harborstone Credit Union Employee Retirement Savings Plan
- RANK ind #6807
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 Vermont →
New England Federal Credit Union Salary Savings Plan in the asset neighbourhood
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $15M |
|---|---|
| Net Assets (End of Year) | $47M |
| Net Income | $9M |
| Employer EIN | 030213411 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (New England Federal Credit Union)
Sponsor-wide plan assets over time
All New England Federal Credit Union plans reported in each filing year
- Latest sponsor-wide plan assets
- $64M 56.08417523766433% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 268 | $41M |
| 2023 | 2 | 279 | $47M |
| 2024 | 1 | 419 | $64M |
Nearby 401(k) Plans in Vermont
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The University of Vermont Medical Center 403(b) Plan $2.0B · 11,162
- National Life Group 401(k) Plan $298M · 1,219
- Green Mountain Power Corporation Employee Savings and Investment Plan and Trust $220M · 519
- Husky Retirement Savings $153M · 551
- Incentive Retirement Plan for Employees of PC Construction Company $136M · 442
New England Federal Credit Union Salary Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Vermont, the nearest 401(k) by assets is Harborstone Credit Union Employee Retirement Savings Plan in WA ($47M); by covered participants it is Toyo Automotive 401(k) Plan in KY (234 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($47M here).
Similar participant headcount
Nearest other-state filings by covered participants (234 participants); asset peers above are excluded.
- Toyo Automotive 401(k) Plan (KY) 234 · 0 off
- Csm North America LLC Retirement Plan (IN) 234 · 0 off
- Bob Barker Company, Inc. 401(k) Plan (NC) 234 · 0 off
- Mm Hotel Management, LLC Dba Garden City Hotel 401(k) Plan (NY) 234 · 0 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.