Defined Benefit (Pension) · DOL Form 5500 · 2023

Legacy Community Federal Credit Union Pension Plan

Data updated 2026-08-11

$30M
Total assets: 80
Participants: 79th
Percentile by assets: $370,922
Avg per participant

Official DOL plan name: Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust · Sponsored by Legacy Community Federal Credit Union · Alabama · Finance & Insurance

$30M in assets, 80 participants

Legacy Community Federal Credit Union's Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust reported $30M in total assets and 80 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

79th percentile by assets (of 127,072 plans)
#6,020 in Finance & Insurance (8,869 peers)

Where Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust sits by assets

Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust sits in the top quartile of all filed plans by assets, $30M for 80 participants (~$370,922/participant), up 7.5% in 2023.

$30M
total plan assets (2023 EOY): 80
covered participants: 79th
percentile by assets (of 127,072 plans): $370,922
avg assets per participant

Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $28M in the plan year 2022 filing to $30M in the plan year 2023 filing.
Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust reported participants fell from 85 in the plan year 2022 filing to 80 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Alabama

Industry

Finance & Insurance

Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust vs the 2023 asset distribution

By assets, Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust outranks 79% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$28M
Net Assets (End of Year)	$30M
Net Income	$2M
Employer EIN	630363853
Plan Effective Date	1970-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Legacy Community Federal Credit Union)

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

Year	Plans	Participants	Total Assets
2022	2	175	$33M
2023	2	180	$36M
2024	2	202	$38M

Nearby Defined Benefit (Pension) Plans in Alabama

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

Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants

Regions Financial Corporation Retirement Plan $1.2B · 292
Blue Cross and Blue Shield of Alabama Retirement Plan $737M · 2,014
Regions Financial Corporation Retirement Plan for Associates $716M · 2,395
Vulcan Materials Company Pension Plan $508M · 776
American Cast Iron Pipe Company Pension Plan $440M · 832

Compare Legacy Community Federal Credit Union Ca… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust by total assets, not by location.

Navy Mutual Aid Association Employees' Retirement Plan (VA) $30M · 40
Frost Brown Todd LLP Cash Balance Pension Plan (KY) $30M · 195
Dentons US LLP Cash Balance Plan (IL) $30M · 166
International Shipholding Corporation Retirement Plan (FL) $30M · 9

Frequently Asked Questions

How did Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust assets move in 2023? ▼

Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust grew at a solid clip - up 7.5% during 2023, from $28M to $30M. Reported net income was $2M.

How have Legacy Community Federal Credit Union plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Legacy Community Federal Credit Union's sponsor-wide assets grew 16.4%, from $33M to $38M.

Where does Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust rank by assets among Form 5500 filers? ▼

Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust ranks in the 79th 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 Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Navy Mutual Aid Association Employees' Retirement Plan in VA ($30M, 40 participants).

Next read for Legacy Community Federal Credit Union Ca…

Scale reading

Ways to act on Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust's numbers.

By total assets, Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Alabama. Compare plans
Legacy Community Federal Credit Union's sponsor-wide assets have grown 16.4% 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 630363853.