401(k) · DOL Form 5500 · 2023

Charlott Metro Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
327
Participants Below avg headcount
70th
Percentile by assets National rank
$54,062
Avg per participant Low balance/head
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Official DOL plan name: Charlotte Metro Federal Credit Union 401(k) Plan · Sponsored by Charlott Metro Federal Credit Union · North Carolina · Finance & Insurance

$18M in assets, 327 participants

Charlott Metro Federal Credit Union's Charlotte Metro Federal Credit Union 401(k) Plan reported $18M in total assets and 327 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #4,993 in Finance & Insurance (8,869 peers)

Coverage in North Carolina

Charlotte Metro Federal Credit Union 401(k) Plan covers 327 participants in North Carolina, about 40% of the average North Carolina filer (state average ~819 per filing). Assets: $18M.

#4,993
in Finance & Insurance (8,869 peers)
+11.1%
assets growth YoY

Charlotte Metro Federal Credit Union 401(k) Plan's outsized position by total assets

Charlotte Metro Federal Credit Union 401(k) Plan vs every filed plan by assets

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

$17,678,252 Top 30% higher than 70% 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

Charlotte Metro Federal Credit Union 401(k) 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. Charlotte Metro Federal Credit Union 401(k) Plan sits mid-pack in the medium band (327 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Charlotte Metro Federal Credit Union 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Charlotte Metro Federal Credit Union 401(k) Plan reported participants rose from 235 in the plan year 2022 filing to 327 in the plan year 2023 filing.
  • Charlotte Metro Federal Credit Union 401(k) Plan end-of-year assets rose from $16M in the plan year 2022 filing to $18M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 560772380 · Charlott Metro Federal Credit Union PY 2023 · 401(k)

Charlotte Metro Federal Credit Union 401(k) Plan · $18M · 327 · 70th

  • NET $18M
  • BOOK 327
  • VS-ST 70th
  • BOY 401(k)
  • SCH near Oberweis Dairy, Inc. 401(k) Profit Sharing Plan
  • EBSA ind #4993

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 North Carolina →

Charlotte Metro Federal Credit Union 401(k) Plan in the asset neighbourhood

Charlotte Metro Federal Credit Union 401(k) PlanCharlotte Metro Federal Cred…$18MOberweis Dairy, Inc. 401(k) Profit Sharing PlanOberweis Dairy, Inc. 401(k) …$18MHoladay Circuits, Incorporated 401(k) Profit Sharing PlanHoladay Circuits, Incorporat…$18MWindes, Inc. Employees Profit Sharing/401(k) Plan IIWindes, Inc. Employees Profi…$18MIgd Industries, Inc. 401(k) Retirement PlanIgd Industries, Inc. 401(k) …$18M
End-of-year total assets ($M) among Charlotte Metro Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN560772380
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Charlott Metro Federal Credit Union)

Sponsor-wide plan assets over time

All Charlott Metro Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$23M 44.28575253439243% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $15.9M $23M ▲ +44.3%
Year Plans Participants Total Assets
2022 1 235 $16M
2023 1 327 $18M
2024 1 306 $23M

Nearby 401(k) Plans in North Carolina

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

Charlotte Metro Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Charlotte Metro Federal Credit Union 401(k) Plan, Total assets ($B): 0.017678252 · Participants: 327Charlotte Metro Federal Credit Union 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Charlotte Metro Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Charlotte Metro Federal Credit Union 401(k) Plan side-by-side with 3 peers →

Charlotte Metro Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Oberweis Dairy, Inc. 401(k) Profit Sharing Plan in IL ($18M); by covered participants it is Simpson University 403b Plan in CA (327 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (327 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 Charlotte Metro Federal Credit Union 401(k) Plan assets move in 2023? ▼
Charlotte Metro Federal Credit Union 401(k) Plan grew at a solid clip - up 11.1% during 2023, from $16M to $18M. Reported net income was $2M.
How have Charlott Metro Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Charlott Metro Federal Credit Union's sponsor-wide assets grew 44.3%, from $16M to $23M.
Which 401(k) plans are similar in size to Charlotte Metro Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Oberweis Dairy, Inc. 401(k) Profit Sharing Plan in IL ($18M, 494 participants).
Which 401(k) plans cover a similar participant headcount to Charlotte Metro Federal Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Simpson University 403b Plan in CA (327 participants, $5M 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 560772380.

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.