401(k) · DOL Form 5500 · 2023

Founders Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$124M
Total assets Near avg plan size
765
Participants Near avg headcount
93rd
Percentile by assets National rank
$162,115
Avg per participant Above avg balance/head
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Official DOL plan name: Founders Federal Credit Union Defined Contribution Plan · Sponsored by Founders Federal Credit Union · South Carolina · Finance & Insurance

$124M in assets, 765 participants

Founders Federal Credit Union's Founders Federal Credit Union Defined Contribution Plan reported $124M in total assets and 765 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #7,850 in Finance & Insurance (8,869 peers)

Coverage in South Carolina

Founders Federal Credit Union Defined Contribution Plan covers 765 participants in South Carolina, 2.1x the typical South Carolina plan (state average ~369 per filing). Assets: $124M.

#7,850
in Finance & Insurance (8,869 peers)
+13.3%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Founders Federal Credit Union Defined Contribution Plan's outsized position by total assets

Founders Federal Credit Union Defined Contribution Plan vs every filed plan by assets

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

$124,018,016 Top 7% higher than 93% 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

Founders Federal Credit Union Defined Contribution 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. Founders Federal Credit Union Defined Contribution Plan sits mid-pack in the medium band (765 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Founders Federal Credit Union Defined Contribution Plan reported net income rose from -$17M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Founders Federal Credit Union Defined Contribution Plan end-of-year assets rose from $109M in the plan year 2022 filing to $124M in the plan year 2023 filing.
  • Founders Federal Credit Union Defined Contribution Plan reported participants rose from 692 in the plan year 2022 filing to 765 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 570762987 · Founders Federal Credit Union PY 2023 · 401(k)

Founders Federal Credit Union Defined Contribution Plan · $124M · 765 · 93rd

  • TYPE $124M
  • TYPE 765
  • TYPE 93rd
  • TYPE 401(k)
  • TYPE near University Medical Partners, Inc. 401(k) Plan
  • TYPE ind #7850

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 →

Founders Federal Credit Union Defined Contribution Plan in the asset neighbourhood

Monterey Bay Aquarium Research Institute 403(b) PlanMonterey Bay Aquarium Resear…$124MUniversity Medical Partners, Inc. 401(k) PlanUniversity Medical Partners,…$124MFounders Federal Credit Union Defined Contribution PlanFounders Federal Credit Unio…$124MCsc Serviceworks, Inc. 401(k) PlanCsc Serviceworks, Inc. 401(k…$124MBose Mckinney & Evans Retirement PlanBose Mckinney & Evans Retire…$124M
End-of-year total assets ($M) among Founders Federal Credit Union Defined Contribution Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$109M
Net Assets (End of Year)$124M
Net Income$15M
Employer EIN570762987
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Founders Federal Credit Union)

Sponsor-wide plan assets over time

All Founders Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$138M 26.233305497497117% vs 2022
2024 filing year
$100M$110M$120M$130M$140M$150M 202220232024 $109M $138M ▲ +26.2%
Year Plans Participants Total Assets
2022 1 692 $109M
2023 1 765 $124M
2024 1 822 $138M

Nearby 401(k) Plans in South Carolina

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

Founders Federal Credit Union Defined Contribution Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -1012345 Total assets ($B) Participants Founders Federal Credit Union Defined Contribution Plan, Total assets ($B): 0.124018016 · Participants: 765Founders Federal Credit Union Defined Contribution 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
Founders Federal Credit Union Defined Contribution Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

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

Outside South Carolina, the nearest 401(k) by assets is University Medical Partners, Inc. 401(k) Plan in CA ($124M); by covered participants it is Davidson Transit Organization 401(k) Plan in TN (765 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($124M here).

Similar participant headcount

Nearest other-state filings by covered participants (765 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 Founders Federal Credit Union Defined Contribution Plan assets move in 2023? ▼
Founders Federal Credit Union Defined Contribution Plan grew at a solid clip - up 13.3% during 2023, from $109M to $124M. Reported net income was $15M.
How have Founders Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Founders Federal Credit Union's sponsor-wide assets grew 26.2%, from $109M to $138M.
Where does Founders Federal Credit Union Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Founders Federal Credit Union Defined Contribution Plan ranks in the 93rd 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 Founders Federal Credit Union Defined Contribution Plan? ▼
Among 401(k) plans in other states, the closest by assets is University Medical Partners, Inc. 401(k) Plan in CA ($124M, 286 participants).
Which 401(k) plans cover a similar participant headcount to Founders Federal Credit Union Defined Contribution Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Davidson Transit Organization 401(k) Plan in TN (765 participants, $3M in assets).