Defined Benefit (Pension) · DOL Form 5500 · 2023

Hiway Credit Union Pension Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
160
Participants Small participant base
86th
Percentile by assets National rank
$340,850
Avg per participant High balance/head
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Official DOL plan name: Hiway Credit Union Defined Benefit Plan and Trust · Sponsored by Hiway Credit Union · Minnesota · Finance & Insurance

$55M in assets, 160 participants

Hiway Credit Union's Hiway Credit Union Defined Benefit Plan and Trust reported $55M in total assets and 160 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,020 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Hiway Credit Union Defined Benefit Plan and Trust covers 160 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $55M.

#7,020
in Finance & Insurance (8,869 peers)
+21.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Hiway Credit Union Defined Benefit Plan and Trust's outsized position by total assets

Hiway Credit Union Defined Benefit Plan and Trust vs every filed plan by assets

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

$54,536,010 Top 14% higher than 86% 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

Hiway Credit Union Defined Benefit Plan and Trust 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. Hiway Credit Union Defined Benefit Plan and Trust sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hiway Credit Union Defined Benefit Plan and Trust reported net income rose from -$13M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Hiway Credit Union Defined Benefit Plan and Trust end-of-year assets rose from $45M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Hiway Credit Union Defined Benefit Plan and Trust reported participants fell from 196 in the plan year 2022 filing to 160 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410313750 · Hiway Credit Union PY 2023 · Defined Benefit (Pension)

Hiway Credit Union Defined Benefit Plan and Trust · $55M · 160 · 86th

  • EIN $55M
  • EIN 160
  • EIN 86th
  • EIN Defined Benefit (Pension)
  • EIN near Glencore Merged Aluminum Defined Benefit Plan
  • EIN ind #7020

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 Minnesota →

Hiway Credit Union Defined Benefit Plan and Trust in the asset neighbourhood

Retirement Income Plan for Nonbargaining Unit Employees of Young's Market Company, LLCRetirement Income Plan for N…$55MAmended and Restated Blethen Maine Newspapers, Inc. Pension PlanAmended and Restated Blethen…$55MRetirement & Pension Plan of Mriglobal (Plan I)Retirement & Pension Plan of…$55MHiway Credit Union Defined Benefit Plan and TrustHiway Credit Union Defined B…$55MGlencore Merged Aluminum Defined Benefit PlanGlencore Merged Aluminum Def…$55M
End-of-year total assets ($M) among Hiway Credit Union Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$55M
Net Income$10M
Employer EIN410313750
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hiway Credit Union)

Sponsor-wide plan assets over time

All Hiway Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $58M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 2 426 $58M
2023 2 384 $69M
2024 1 247 N/A

Nearby Defined Benefit (Pension) Plans in Minnesota

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Hiway Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Hiway Credit Union Defined Benefit Plan and Trust, Total assets ($B): 0.05453601 · Participants: 160Hiway Credit Union Defined Benefit Plan and Trust3M Employee Retirement Income Plan, Total assets ($B): 14.281991028 · Participants: 106383M Employee Retirement Income PlanMayo Pension Plan, Total assets ($B): 11.032936702 · Participants: 69155Mayo Pension PlanThe Travelers Pension Plan, Total assets ($B): 4.150985971 · Participants: 24884The Travelers Pension PlanGeneral Mills Pension Plan I, Total assets ($B): 3.991064596 · Participants: 383General Mills Pension Plan IU.S. Bank Pension Plan, Total assets ($B): 3.969502742 · Participants: 56287U.S. Bank Pension Plan
Hiway Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Minnesota, assets vs. participants
Compare Hiway Credit Union Defined Benefit Plan and Trust side-by-side with 3 peers →

Hiway Credit Union Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Minnesota, the nearest Defined Benefit (Pension) by assets is Glencore Merged Aluminum Defined Benefit Plan in NY ($55M); by covered participants it is Ironworkers-Laborers Pension Plan of Cumberland Md in MD (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Hiway Credit Union Defined Benefit Plan and Trust assets move in 2023? ▼
Hiway Credit Union Defined Benefit Plan and Trust grew sharply - up 21.4% during 2023, from $45M to $55M. Reported net income was $10M.
Where does Hiway Credit Union Defined Benefit Plan and Trust rank by assets among Form 5500 filers? ▼
Hiway Credit Union Defined Benefit Plan and Trust ranks in the 86th 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 Defined Benefit (Pension) plans are similar in size to Hiway Credit Union Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Glencore Merged Aluminum Defined Benefit Plan in NY ($55M, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hiway Credit Union Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ironworkers-Laborers Pension Plan of Cumberland Md in MD (160 participants, $20M 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 410313750.

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.