401(k) · DOL Form 5500 · 2023

Tropical Financial Credit Union 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
177
Participants Small participant base
68th
Percentile by assets National rank
$89,962
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Tropical Financial Credit Union 401(k) Profit Sharing Plan · Sponsored by Tropical Financial Credit Union · Florida · Finance & Insurance

$16M in assets, 177 participants

Tropical Financial Credit Union's Tropical Financial Credit Union 401(k) Profit Sharing Plan reported $16M in total assets and 177 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,774 in Finance & Insurance (8,869 peers)

Coverage in Florida

Tropical Financial Credit Union 401(k) Profit Sharing Plan covers 177 participants in Florida, about 28% of the average Florida filer (state average ~628 per filing). Assets: $16M.

#4,774
in Finance & Insurance (8,869 peers)
-0.1%
assets change YoY

The plan reported a net loss of $22K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tropical Financial Credit Union 401(k) Profit Sharing Plan's outsized position by total assets

Tropical Financial Credit Union 401(k) Profit Sharing Plan vs every filed plan by assets

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

$15,923,254 Top 32% higher than 68% 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

Tropical Financial Credit Union 401(k) Profit Sharing 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. Tropical Financial Credit Union 401(k) Profit Sharing Plan sits mid-pack in the medium band (177 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Tropical Financial Credit Union 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to -$22K in the plan year 2023 filing.
  • Tropical Financial Credit Union 401(k) Profit Sharing Plan reported participants rose from 156 in the plan year 2022 filing to 177 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 590637653 · Tropical Financial Credit Union PY 2023 · 401(k)

Tropical Financial Credit Union 401(k) Profit Sharing Plan · $16M · 177 · 68th

  • ASSETS $16M
  • PCT 177
  • EIN 68th
  • RANK 401(k)
  • PHOTO near Gulf Coast Educators Federal Credit Union 401(k) Profit Sharing Plan
  • IND ind #4774

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 Florida →

Tropical Financial Credit Union 401(k) Profit Sharing Plan in the asset neighbourhood

Tropical Financial Credit Union 401(k) Profit Sharing PlanTropical Financial Credit Un…$16MGulf Coast Educators Federal Credit Union 401(k) Profit Sharing PlanGulf Coast Educators Federal…$16MInsitro 401(k) Plan$16MCitizens Community Federal 401(k) Profit Sharing PlanCitizens Community Federal 4…$16MAlloy 401(k) Plan$16M
End-of-year total assets ($M) among Tropical Financial Credit Union 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$16M
Net Income-$22K
Employer EIN590637653
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tropical Financial Credit Union)

Sponsor-wide plan assets over time

All Tropical Financial Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$26M 13.59255355944034% vs 2022
2024 filing year
$22M$23M$24M$25M$26M$27M 202220232024 $23M $26.1M ▲ +13.6%
Year Plans Participants Total Assets
2022 2 187 $23M
2023 2 205 $23M
2024 2 206 $26M

Nearby 401(k) Plans in Florida

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

Tropical Financial Credit Union 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Tropical Financial Credit Union 401(k) Profit Sharing Plan, Total assets ($B): 0.015923254 · Participants: 177Tropical Financial Credit Union 401(k) Profit Sharing PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Tropical Financial Credit Union 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Tropical Financial Credit Union 401(k) Profit Sharing Plan side-by-side with 3 peers →

Tropical Financial Credit Union 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Gulf Coast Educators Federal Credit Union 401(k) Profit Sharing Plan in TX ($16M); by covered participants it is Purolite 401(k) Plan in PA (177 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (177 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 Tropical Financial Credit Union 401(k) Profit Sharing Plan assets move in 2023? ▼
Tropical Financial Credit Union 401(k) Profit Sharing Plan held essentially flat - down 0.1% during 2023, from $16M to $16M. Reported net income was -$22K.
How have Tropical Financial Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Tropical Financial Credit Union's sponsor-wide assets grew 13.6%, from $23M to $26M.
Which 401(k) plans are similar in size to Tropical Financial Credit Union 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gulf Coast Educators Federal Credit Union 401(k) Profit Sharing Plan in TX ($16M, 150 participants).
Which 401(k) plans cover a similar participant headcount to Tropical Financial Credit Union 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Purolite 401(k) Plan in PA (177 participants, N/A 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 590637653.

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.