401(k) · DOL Form 5500 · 2023

Grow Financial Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
533
Participants Below avg headcount
88th
Percentile by assets National rank
$119,402
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Grow Financial Federal Credit Union 401(k) Plan · Sponsored by Grow Financial Federal Credit Union · Florida · Finance & Insurance

$64M in assets, 533 participants

Grow Financial Federal Credit Union's Grow Financial Federal Credit Union 401(k) Plan reported $64M in total assets and 533 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,204 in Finance & Insurance (8,869 peers)

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

Grow Financial Federal Credit Union 401(k) Plan sits in the top quartile of all filed plans by assets, $64M for 533 participants (~$119,402/participant), up 20.1% in 2023.

#7,204
in Finance & Insurance (8,869 peers)
+20.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

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

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

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

$63,641,333 Top 12% higher than 88% 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

Grow Financial 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. Grow Financial Federal Credit Union 401(k) Plan sits mid-pack in the medium band (533 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Grow Financial Federal Credit Union 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Grow Financial Federal Credit Union 401(k) Plan end-of-year assets rose from $53M in the plan year 2022 filing to $64M in the plan year 2023 filing.
  • Grow Financial Federal Credit Union 401(k) Plan reported participants rose from 515 in the plan year 2022 filing to 533 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 590772528 · Grow Financial Federal Credit Union PY 2023 · 401(k)

Grow Financial Federal Credit Union 401(k) Plan · $64M · 533 · 88th

  • EIN $64M
  • RANK 533
  • PHOTO 88th
  • IND 401(k)
  • EOY near Elma Electronic Inc. Savings Plan
  • 5500 ind #7204

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 →

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

Grow Financial Federal Credit Union 401(k) PlanGrow Financial Federal Credi…$64MElma Electronic Inc. Savings PlanElma Electronic Inc. Savings…$64MPeoples Bank Salary Investment & Profit Sharing PlanPeoples Bank Salary Investme…$64MAspiriant 401(k) and Profit Sharing PlanAspiriant 401(k) and Profit …$64MGrain Craft 401(k) Plan$64M
End-of-year total assets ($M) among Grow Financial 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)$53M
Net Assets (End of Year)$64M
Net Income$11M
Employer EIN590772528
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Grow Financial Federal Credit Union)

Sponsor-wide plan assets over time

All Grow Financial Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$71M 33.103155308075486% vs 2022
2024 filing year
$50M$60M$70M$80M 202220232024 $53M $70.6M ▲ +33.1%
Year Plans Participants Total Assets
2022 1 515 $53M
2023 1 533 $64M
2024 1 547 $71M

Nearby 401(k) Plans in Florida

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

Grow Financial Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Grow Financial Federal Credit Union 401(k) Plan, Total assets ($B): 0.063641333 · Participants: 533Grow Financial Federal Credit Union 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Grow Financial Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Grow Financial Federal Credit Union 401(k) Plan side-by-side with 3 peers →

Grow Financial Federal 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 Elma Electronic Inc. Savings Plan in CA ($64M); by covered participants it is Tsl Company Holdings, Ltd. Profit Sharing & Savings Plan in NE (533 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($64M here).

Similar participant headcount

Nearest other-state filings by covered participants (533 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 Grow Financial Federal Credit Union 401(k) Plan assets move in 2023? ▼
Grow Financial Federal Credit Union 401(k) Plan grew sharply - up 20.1% during 2023, from $53M to $64M. Reported net income was $11M.
How have Grow Financial Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Grow Financial Federal Credit Union's sponsor-wide assets grew 33.1%, from $53M to $71M.
Where does Grow Financial Federal Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Grow Financial Federal Credit Union 401(k) Plan ranks in the 88th 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 Grow Financial Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Elma Electronic Inc. Savings Plan in CA ($64M, 250 participants).
Which 401(k) plans cover a similar participant headcount to Grow Financial Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tsl Company Holdings, Ltd. Profit Sharing & Savings Plan in NE (533 participants, $22M 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 590772528.

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.