401(k) · DOL Form 5500 · 2023

Veridian Credit Union 401(k) Plan

Data updated 2026-08-11

$171M
Total assets: 949
Participants: 94th
Percentile by assets: $179,790
Avg per participant

Official DOL plan name: Veridian Credit Union 401(k) Plan and Trust · Sponsored by Veridian Credit Union · Iowa · Finance & Insurance

$171M in assets, 949 participants

Veridian Credit Union's Veridian Credit Union 401(k) Plan and Trust reported $171M in total assets and 949 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

94th percentile by assets (of 127,072 plans)
#8,042 in Finance & Insurance (8,869 peers)

Where Veridian Credit Union 401(k) Plan and Trust sits by assets

Veridian Credit Union 401(k) Plan and Trust sits in the top 10% of all filed plans by assets, $171M for 949 participants (~$179,790/participant), up 21.8% in 2023.

$171M
total plan assets (2023 EOY): 949
covered participants: 94th
percentile by assets (of 127,072 plans): $179,790
avg assets per participant

Where Veridian Credit Union 401(k) Plan and Trust sits by total assets

Veridian Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$170,621,119 Top 6% higher than 94% 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

Veridian Credit Union 401(k) Plan and Trust reported net income rose from -$21M in the plan year 2022 filing to $30M in the plan year 2023 filing.
Veridian Credit Union 401(k) Plan and Trust end-of-year assets rose from $140M in the plan year 2022 filing to $171M in the plan year 2023 filing.
Veridian Credit Union 401(k) Plan and Trust reported participants rose from 926 in the plan year 2022 filing to 949 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Iowa

Industry

Finance & Insurance

Veridian Credit Union 401(k) Plan and Trust vs the 2023 asset distribution

By assets, Veridian Credit Union 401(k) Plan and Trust outranks 94% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$140M
Net Assets (End of Year)	$171M
Net Income	$30M
Employer EIN	421132695
Plan Effective Date	1985-06-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Veridian Credit Union)

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

Year	Plans	Participants	Total Assets
2022	1	926	$140M
2023	1	949	$171M
2024	1	998	$199M

Nearby 401(k) Plans in Iowa

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

Veridian Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Iowa, assets vs. participants

The Principal Select Savings Plan $4.1B · 12,827
Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
The Rsm US LLP Retirement Plan $2.9B · 14,720
Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999

Compare Veridian Credit Union 401(k) Plan and Tr… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Veridian Credit Union 401(k) Plan and Trust by total assets, not by location.

Hitachi High-Tech America, Inc. Shared Savings Plan (IL) $171M · 742
Graves-Gilbert Clinic Revised Profit Sharing Plan (KY) $171M · 918
Church Mutual Salary Savings Plan and Trust (401(k) Plan) (WI) $171M · 1,204
Phillips Lytle LLP Retirement Plan (NY) $171M · 259

Frequently Asked Questions

How did Veridian Credit Union 401(k) Plan and Trust assets move in 2023? ▼

Veridian Credit Union 401(k) Plan and Trust grew sharply - up 21.8% during 2023, from $140M to $171M. Reported net income was $30M.

How have Veridian Credit Union plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Veridian Credit Union's sponsor-wide assets grew 41.8%, from $140M to $199M.

Where does Veridian Credit Union 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼

Veridian Credit Union 401(k) Plan and Trust ranks in the 94th 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 Veridian Credit Union 401(k) Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is Hitachi High-Tech America, Inc. Shared Savings Plan in IL ($171M, 742 participants).

Next read for Veridian Credit Union 401(k) Plan and Tr…

Scale reading

Ways to act on Veridian Credit Union 401(k) Plan and Trust's numbers.

By total assets, Veridian Credit Union 401(k) Plan and Trust 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 Iowa. Compare plans
Veridian Credit Union's sponsor-wide assets have grown 41.8% 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 421132695.