401(k) · DOL Form 5500 · 2023

Founders Federal Credit Union 401(k) Plan

Data updated 2026-08-11

$124M
Total assets: 765
Participants: 93rd
Percentile by assets: $162,115
Avg per participant

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.

93rd percentile by assets (of 127,072 plans)
#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.

$124M
total plan assets (2023 EOY): 765
covered participants: 93rd
percentile by assets (of 127,072 plans): $162,115
avg assets per participant

Where Founders Federal Credit Union Defined Contribution Plan sits 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

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 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 →

State

South Carolina

Industry

Finance & Insurance

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Founders Federal Credit Union Defined Contribution Plan reports 765 participants - 2.1x that state average ($124M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)	$109M
Net Assets (End of Year)	$124M
Net Income	$15M
Employer EIN	570762987
Plan Effective Date	1994-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Founders Federal Credit Union)

Total plan assets by year, all Founders Federal Credit Union plans on file

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

Michelin 401(k) Savings Plan $4.1B · 14,439
The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.5B · 8,661
Sonoco Retirement & Savings Plan $1.6B · 11,311
Sonoco Retirement & Savings Plan $1.3B · 10,614
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.3B · 11,348

Compare Founders Federal Credit Union Defined Co… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Founders Federal Credit Union Defined Contribution Plan by total assets, not by location.

University Medical Partners, Inc. 401(k) Plan (CA) $124M · 286
Csc Serviceworks, Inc. 401(k) Plan (NY) $124M · 2,275
Bose Mckinney & Evans Retirement Plan (IN) $124M · 179
Monterey Bay Aquarium Research Institute 403(b) Plan (CA) $124M · 180

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).

Next read for Founders Federal Credit Union Defined Co…

Filing takeaways

Ways to act on Founders Federal Credit Union Defined Contribution Plan's numbers.

By total assets, Founders Federal Credit Union Defined Contribution Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
Founders Federal Credit Union's sponsor-wide assets have grown 26.2% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 570762987.