401(k) · DOL Form 5500 · 2023
State Employees' Credit Union 401(k) Plan
Data updated 2026-08-11
- $1.3B
- Total assets
- 7,706
- Participants
- 99th
- Percentile by assets
- $172,348
- Avg per participant
Official DOL plan name: State Employees' Credit Union Retirement Savings Plan · Sponsored by State Employees' Credit Union · North Carolina · Finance & Insurance
$1.3B in assets, 7,706 participants
State Employees' Credit Union's State Employees' Credit Union Retirement Savings Plan reported $1.3B in total assets and 7,706 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 127,072 plans)
- #8,697 in Finance & Insurance (8,869 peers)
Coverage in North Carolina
State Employees' Credit Union Retirement Savings Plan covers 7,706 participants in North Carolina, 9.4x the typical North Carolina plan (state average ~819 per filing). Assets: $1.3B.
- $1.3B
- total plan assets (2023 EOY)
- 7,706
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $172,348
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- State Employees' Credit Union Retirement Savings Plan reported net income rose from -$150M in the plan year 2022 filing to $259M in the plan year 2023 filing.
- State Employees' Credit Union Retirement Savings Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
- State Employees' Credit Union Retirement Savings Plan reported participants rose from 7,000 in the plan year 2022 filing to 7,706 in the plan year 2023 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. State Employees' Credit Union Retirement Savings Plan reports 7,706 participants - 9.4x that state average ($1.3B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $1.3B |
| Net Income | $259M |
| Employer EIN | 560475645 |
| Plan Effective Date | 1983-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (State Employees' Credit Union)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,000 | $1.1B |
| 2023 | 1 | 7,706 | $1.3B |
| 2024 | 1 | 7,854 | $1.6B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
State Employees' Credit Union Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Scale composition for State Employees' Credit Union Retirement Savings Plan
State Employees' Credit Union Retirement Savings Plan reports $1.3B in end-of-year assets across 7,706 participants (0.011% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $172,348 per participant (1.2x the national average assets-per-participant) . Net income for plan year 2023 was $259M.
This plan identity (EIN 560475645, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.6B (+46.6%) while covered participants moved from 7,000 to 7,854 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,000 | $1.1B | Open filing |
| 2023 | 7,706 | $1.3B | This page |
| 2024 · index core | 7,854 | $1.6B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- State Employees' Credit Union Retirement Savings Plan (401(k), $1.6B, 7,854 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to State Employees' Credit Union Retirement Savings Plan by total assets, not by location.
- Usi 401(k) Plan (NY) $1.3B · 9,397
- Cliftonlarsonallen LLP 401(k) Retirement Plan (MN) $1.3B · 7,610
- Navistar, Inc. Retirement Accumulation Plan (IL) $1.3B · 4,670
- UPS/Ipa 401(k) Savings Plan (KY) $1.3B · 3,159
Frequently Asked Questions
How did State Employees' Credit Union Retirement Savings Plan assets move in 2023? ▼
How have State Employees' Credit Union plan assets changed over time? ▼
Where does State Employees' Credit Union Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to State Employees' Credit Union Retirement Savings Plan? ▼
Next read for State Employees' Credit Union Retirement…
Filing takeaways
Ways to act on State Employees' Credit Union Retirement Savings Plan's numbers.
- By total assets, State Employees' Credit Union Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- State Employees' Credit Union's sponsor-wide assets have grown 46.6% since 2022 across 3 plan years on file. More Finance & Insurance plans