Defined Benefit (Pension) · DOL Form 5500 · 2023

Public Service Credit Union Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
106
Participants Small participant base
67th
Percentile by assets National rank
$142,545
Avg per participant Near avg balance/head
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Official DOL plan name: Public Service Credit Union Cash Balance Pension Plan · Sponsored by Public Service Credit Union · Michigan · Finance & Insurance

$15M in assets, 106 participants

Public Service Credit Union's Public Service Credit Union Cash Balance Pension Plan reported $15M in total assets and 106 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,652 in Finance & Insurance (8,869 peers)

Coverage in Michigan

Public Service Credit Union Cash Balance Pension Plan covers 106 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $15M.

#4,652
in Finance & Insurance (8,869 peers)
+11.3%
assets growth YoY

Public Service Credit Union Cash Balance Pension Plan's outsized position by total assets

Public Service Credit Union Cash Balance Pension Plan vs every filed plan by assets

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

$15,109,746 Top 33% higher than 67% 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

Public Service Credit Union Cash Balance Pension 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. Public Service Credit Union Cash Balance Pension Plan sits mid-pack in the medium band (106 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Public Service Credit Union Cash Balance Pension Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Public Service Credit Union Cash Balance Pension Plan reported participants rose from 91 in the plan year 2022 filing to 106 in the plan year 2023 filing.
  • Public Service Credit Union Cash Balance Pension Plan end-of-year assets rose from $14M in the plan year 2022 filing to $15M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381439781 · Public Service Credit Union PY 2023 · Defined Benefit (Pension)

Public Service Credit Union Cash Balance Pension Plan · $15M · 106 · 67th

  • BOOK $15M
  • VS-ST 106
  • BOY 67th
  • SCH Defined Benefit (Pension)
  • EBSA near Shure Incorporated Employees' Retirement Plan
  • PART ind #4652

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 Michigan →

Public Service Credit Union Cash Balance Pension Plan in the asset neighbourhood

Public Service Credit Union Cash Balance Pension PlanPublic Service Credit Union …$15MShure Incorporated Employees' Retirement PlanShure Incorporated Employees…$15MSpokane United Methodist Homes, Inc Defined Benefit Pension PlanSpokane United Methodist Hom…$15MThe Day Publishing Company Trusteed Pension PlanThe Day Publishing Company T…$15MSandia Area Federal Credit Union Defined Benefit Plan and TrustSandia Area Federal Credit U…$15M
End-of-year total assets ($M) among Public Service Credit Union Cash Balance Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN381439781
Plan Effective Date1982-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Public Service Credit Union)

Sponsor-wide plan assets over time

All Public Service Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$16M 18.71609928918622% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $13.6M $16.1M ▲ +18.7%
Year Plans Participants Total Assets
2022 1 91 $14M
2023 1 106 $15M
2024 1 103 $16M

Nearby Defined Benefit (Pension) Plans in Michigan

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

Public Service Credit Union Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants Public Service Credit Union Cash Balance Pension Plan, Total assets ($B): 0.015109746 · Participants: 106Public Service Credit Union Cash Balance Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Public Service Credit Union Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants

Public Service Credit Union Cash Balance Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Shure Incorporated Employees' Retirement Plan in IL ($15M); by covered participants it is Community Credit Union of Florida Defined Benefit Plan and Trust in FL (106 participants). Same-state nearby plans are listed separately above.

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 Public Service Credit Union Cash Balance Pension Plan assets move in 2023?
Public Service Credit Union Cash Balance Pension Plan grew at a solid clip - up 11.3% during 2023, from $14M to $15M. Reported net income was $2M.
How have Public Service Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Public Service Credit Union's sponsor-wide assets grew 18.7%, from $14M to $16M.
Which Defined Benefit (Pension) plans are similar in size to Public Service Credit Union Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shure Incorporated Employees' Retirement Plan in IL ($15M, 141 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Public Service Credit Union Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Community Credit Union of Florida Defined Benefit Plan and Trust in FL (106 participants, $31M in assets).