401(k) · DOL Form 5500 · 2023

Hughes Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
188
Participants Below avg headcount
75th
Percentile by assets National rank
$125,247
Avg per participant Near avg balance/head
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Official DOL plan name: Hughes Federal Credit Union 401(k) Plan · Sponsored by Hughes Federal Credit Union · Arizona · Finance & Insurance

$24M in assets, 188 participants

Hughes Federal Credit Union's Hughes Federal Credit Union 401(k) Plan reported $24M in total assets and 188 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #5,579 in Finance & Insurance (8,869 peers)

Coverage in Arizona

Hughes Federal Credit Union 401(k) Plan covers 188 participants in Arizona, about 33% of the average Arizona filer (state average ~564 per filing). Assets: $24M.

#5,579
in Finance & Insurance (8,869 peers)
+19.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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

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

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

$23,546,388 Top 25% higher than 75% 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

Hughes 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. Hughes Federal Credit Union 401(k) Plan sits mid-pack in the medium band (188 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hughes Federal Credit Union 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Hughes Federal Credit Union 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Hughes Federal Credit Union 401(k) Plan reported participants fell from 219 in the plan year 2022 filing to 188 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 860107651 · Hughes Federal Credit Union PY 2023 · 401(k)

Hughes Federal Credit Union 401(k) Plan · $24M · 188 · 75th

  • ASSETS $24M
  • ASSETS 188
  • ASSETS 75th
  • ASSETS 401(k)
  • ASSETS near York Wallcoverings, Inc. 401(k) Profit Sharing Plan
  • ASSETS ind #5579

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 Arizona →

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

Hughes Federal Credit Union 401(k) PlanHughes Federal Credit Union …$24MYork Wallcoverings, Inc. 401(k) Profit Sharing PlanYork Wallcoverings, Inc. 401…$24MCambridge Healthtech Holding 401(k) Profit Sharing PlanCambridge Healthtech Holding…$24MHydro-Temp Mechanical, Inc. Retirement Savings PlanHydro-Temp Mechanical, Inc. …$24MVillage Management Services, Inc. 401(k) PlanVillage Management Services,…$24M
End-of-year total assets ($M) among Hughes Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$24M
Net Income$4M
Employer EIN860107651
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hughes Federal Credit Union)

Sponsor-wide plan assets over time

All Hughes Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$27M 39.8230351943444% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.7M $27.5M ▲ +39.8%
Year Plans Participants Total Assets
2022 1 219 $20M
2023 1 188 $24M
2024 1 259 $27M

Nearby 401(k) Plans in Arizona

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

Hughes Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Hughes Federal Credit Union 401(k) Plan, Total assets ($B): 0.023546388 · Participants: 188Hughes Federal Credit Union 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Hughes Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Hughes Federal Credit Union 401(k) Plan side-by-side with 3 peers →

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

Outside Arizona, the nearest 401(k) by assets is York Wallcoverings, Inc. 401(k) Profit Sharing Plan in PA ($24M); by covered participants it is Advantmed 401(k) and Profit Sharing Plan in CA (188 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (188 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 Hughes Federal Credit Union 401(k) Plan assets move in 2023? ▼
Hughes Federal Credit Union 401(k) Plan grew sharply - up 19.8% during 2023, from $20M to $24M. Reported net income was $4M.
How have Hughes Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hughes Federal Credit Union's sponsor-wide assets grew 39.8%, from $20M to $27M.
Where does Hughes Federal Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Hughes Federal Credit Union 401(k) Plan ranks in the 75th 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 Hughes Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is York Wallcoverings, Inc. 401(k) Profit Sharing Plan in PA ($24M, 290 participants).
Which 401(k) plans cover a similar participant headcount to Hughes Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advantmed 401(k) and Profit Sharing Plan in CA (188 participants, $844K 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 860107651.

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.