401(k) · DOL Form 5500 · 2023

Safe Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
322
Participants Below avg headcount
81st
Percentile by assets National rank
$102,942
Avg per participant Below avg balance/head
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Official DOL plan name: Safe Federal Credit Union 401(k) Plan · Sponsored by Safe Federal Credit Union · South Carolina · Finance & Insurance

$33M in assets, 322 participants

Safe Federal Credit Union's Safe Federal Credit Union 401(k) Plan reported $33M in total assets and 322 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.

  • #6,236 in Finance & Insurance (8,869 peers)

Where Safe Federal Credit Union 401(k) Plan sits by assets

Safe Federal Credit Union 401(k) Plan sits in the top quartile of all filed plans by assets, $33M for 322 participants (~$102,942/participant), up 21.0% in 2023.

#6,236
in Finance & Insurance (8,869 peers)
+21.0%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Safe Federal Credit Union 401(k) Plan's outsized position by total assets

Safe Federal Credit Union 401(k) Plan vs every filed plan by assets

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

$33,147,176 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

Safe Federal Credit Union 401(k) 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. Safe Federal Credit Union 401(k) Plan sits mid-pack in the medium band (322 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Safe Federal Credit Union 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Safe Federal Credit Union 401(k) Plan end-of-year assets rose from $27M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Safe Federal Credit Union 401(k) Plan reported participants rose from 308 in the plan year 2022 filing to 322 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 570374874 · Safe Federal Credit Union PY 2023 · 401(k)

Safe Federal Credit Union 401(k) Plan · $33M · 322 · 81st

  • EOY $33M
  • EOY 322
  • EOY 81st
  • EOY 401(k)
  • EOY near Seltzer Caplan Mcmahon Vitek Incentive Plan
  • EOY ind #6236

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 South Carolina →

Safe Federal Credit Union 401(k) Plan in the asset neighbourhood

Safe Federal Credit Union 401(k) PlanSafe Federal Credit Union 40…$33MSeltzer Caplan Mcmahon Vitek Incentive PlanSeltzer Caplan Mcmahon Vitek…$33MProenergy Service 401(k) Plan$33MVerus Advisory, Inc. Retirement & Savings PlanVerus Advisory, Inc. Retirem…$33MBranding Iron Holdings Retirement Savings PlanBranding Iron Holdings Retir…$33M
End-of-year total assets ($M) among Safe Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$33M
Net Income$6M
Employer EIN570374874
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Safe Federal Credit Union)

Sponsor-wide plan assets over time

All Safe Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$38M 37.685636821136875% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.4M $37.7M ▲ +37.7%
Year Plans Participants Total Assets
2022 1 308 $27M
2023 1 322 $33M
2024 1 324 $38M

Nearby 401(k) Plans in South Carolina

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

Safe Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Safe Federal Credit Union 401(k) Plan, Total assets ($B): 0.033147176 · Participants: 322Safe Federal Credit Union 401(k) PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Safe Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants
Compare Safe Federal Credit Union 401(k) Plan side-by-side with 3 peers →

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

Outside South Carolina, the nearest 401(k) by assets is Seltzer Caplan Mcmahon Vitek Incentive Plan in CA ($33M); by covered participants it is The Doctors Clinic, a P. C. 401(k) Profit Sharing Plan in WA (322 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (322 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 Safe Federal Credit Union 401(k) Plan assets move in 2023? ▼
Safe Federal Credit Union 401(k) Plan grew sharply - up 21.0% during 2023, from $27M to $33M. Reported net income was $6M.
How have Safe Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Safe Federal Credit Union's sponsor-wide assets grew 37.7%, from $27M to $38M.
Where does Safe Federal Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Safe Federal Credit Union 401(k) 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 Safe Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Seltzer Caplan Mcmahon Vitek Incentive Plan in CA ($33M, 69 participants).
Which 401(k) plans cover a similar participant headcount to Safe Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Doctors Clinic, a P. C. 401(k) Profit Sharing Plan in WA (322 participants, $123M 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 570374874.

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.