401(k) · DOL Form 5500 · 2023

South Carolina Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$87M
Total assets Below avg plan size
534
Participants Below avg headcount
90th
Percentile by assets National rank
$162,098
Avg per participant Above avg balance/head
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Official DOL plan name: South Carolina Federal Credit Union Employees 401(k) Plan · Sponsored by South Carolina Federal Credit Union · South Carolina · Finance & Insurance

$87M in assets, 534 participants

South Carolina Federal Credit Union's South Carolina Federal Credit Union Employees 401(k) Plan reported $87M in total assets and 534 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,546 in Finance & Insurance (8,869 peers)

Where South Carolina Federal Credit Union Employees 401(k) Plan sits by assets

South Carolina Federal Credit Union Employees 401(k) Plan sits in the top 10% of all filed plans by assets, $87M for 534 participants (~$162,098/participant), up 20.9% in 2023.

#7,546
in Finance & Insurance (8,869 peers)
+20.9%
assets growth YoY
0.9×
vs typical plan assets (national mean)

South Carolina Federal Credit Union Employees 401(k) Plan's outsized position by total assets

South Carolina Federal Credit Union Employees 401(k) Plan vs every filed plan by assets

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

$86,560,126 Top 10% higher than 90% 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

South Carolina Federal Credit Union Employees 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. South Carolina Federal Credit Union Employees 401(k) Plan sits mid-pack in the medium band (534 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • South Carolina Federal Credit Union Employees 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • South Carolina Federal Credit Union Employees 401(k) Plan end-of-year assets rose from $72M in the plan year 2022 filing to $87M in the plan year 2023 filing.
  • South Carolina Federal Credit Union Employees 401(k) Plan reported participants rose from 506 in the plan year 2022 filing to 534 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 570323645 · South Carolina Federal Credit Union PY 2023 · 401(k)

South Carolina Federal Credit Union Employees 401(k) Plan · $87M · 534 · 90th

  • SCH $87M
  • SCH 534
  • SCH 90th
  • SCH 401(k)
  • SCH near Ginkgo 401(k) Plan
  • SCH ind #7546

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 →

South Carolina Federal Credit Union Employees 401(k) Plan in the asset neighbourhood

Great Expressions Dental Centers Employee Retirement PlanGreat Expressions Dental Cen…$87MSouth Carolina Federal Credit Union Employees 401(k) PlanSouth Carolina Federal Credi…$87MGinkgo 401(k) Plan$87MSouthern Pipe & Supply Co., Inc. 401(k) Retirement Savings PlanSouthern Pipe & Supply Co., …$87M24 Hour Fitness Savings and Investment Plan24 Hour Fitness Savings and …$87M
End-of-year total assets ($M) among South Carolina Federal Credit Union Employees 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)$72M
Net Assets (End of Year)$87M
Net Income$15M
Employer EIN570323645
Plan Effective Date1982-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (South Carolina Federal Credit Union)

Sponsor-wide plan assets over time

All South Carolina Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$103M 43.53095735444402% vs 2022
2024 filing year
$60M$70M$80M$90M$100M$110M 202220232024 $71.6M $103M ▲ +43.5%
Year Plans Participants Total Assets
2022 1 506 $72M
2023 1 534 $87M
2024 1 566 $103M

Nearby 401(k) Plans in South Carolina

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

South Carolina Federal Credit Union Employees 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants South Carolina Federal Credit Union Employees 401(k) Plan, Total assets ($B): 0.086560126 · Participants: 534South Carolina Federal Credit Union Employees 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
South Carolina Federal Credit Union Employees 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

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

Outside South Carolina, the nearest 401(k) by assets is Ginkgo 401(k) Plan in MA ($87M); by covered participants it is Hagerty Consulting Inc 401(k) Plan in IL (534 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (534 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 South Carolina Federal Credit Union Employees 401(k) Plan assets move in 2023?
South Carolina Federal Credit Union Employees 401(k) Plan grew sharply - up 20.9% during 2023, from $72M to $87M. Reported net income was $15M.
How have South Carolina Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), South Carolina Federal Credit Union's sponsor-wide assets grew 43.5%, from $72M to $103M.
Where does South Carolina Federal Credit Union Employees 401(k) Plan rank by assets among Form 5500 filers?
South Carolina Federal Credit Union Employees 401(k) Plan ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to South Carolina Federal Credit Union Employees 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Ginkgo 401(k) Plan in MA ($87M, 1,062 participants).
Which 401(k) plans cover a similar participant headcount to South Carolina Federal Credit Union Employees 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Hagerty Consulting Inc 401(k) Plan in IL (534 participants, $19M in assets).