401(k) · DOL Form 5500 · 2023

Schoolsfirst Federal Credit Union 401(k) Plan

Data updated 2026-08-11

$373M
Total assets: 2,787
Participants: 97th
Percentile by assets: $133,990
Avg per participant

Official DOL plan name: Schoolsfirst Federal Credit Union 401(k) Retirement Plan · Sponsored by Schoolsfirst Federal Credit Union · California · Finance & Insurance

$373M in assets, 2,787 participants

Schoolsfirst Federal Credit Union's Schoolsfirst Federal Credit Union 401(k) Retirement Plan reported $373M in total assets and 2,787 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 127,072 plans)
#8,381 in Finance & Insurance (8,869 peers)

Coverage in California

Schoolsfirst Federal Credit Union 401(k) Retirement Plan covers 2,787 participants in California, 4.4x the typical California plan (state average ~630 per filing). Assets: $373M.

$373M
total plan assets (2023 EOY): 2,787
covered participants: 97th
percentile by assets (of 127,072 plans): $133,990
avg assets per participant

Where Schoolsfirst Federal Credit Union 401(k) Retirement Plan sits by total assets

Schoolsfirst Federal Credit Union 401(k) Retirement Plan vs every filed plan by assets

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

$373,430,940 Top 3% higher than 97% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Schoolsfirst Federal Credit Union 401(k) Retirement Plan reported net income rose from -$34M in the plan year 2022 filing to $67M in the plan year 2023 filing.
Schoolsfirst Federal Credit Union 401(k) Retirement Plan end-of-year assets rose from $307M in the plan year 2022 filing to $373M in the plan year 2023 filing.
Schoolsfirst Federal Credit Union 401(k) Retirement Plan reported participants rose from 2,613 in the plan year 2022 filing to 2,787 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

California

Industry

Finance & Insurance

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Schoolsfirst Federal Credit Union 401(k) Retirement Plan reports 2,787 participants - 4.4x that state average ($373M EOY assets).

California filing particulars

Total Assets (Beginning of Year)	$307M
Net Assets (End of Year)	$373M
Net Income	$67M
Employer EIN	951068595
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Schoolsfirst Federal Credit Union)

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

Year	Plans	Participants	Total Assets
2022	1	2,613	$307M
2023	1	2,787	$373M
2024	1	2,885	$440M

Nearby 401(k) Plans in California

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

Schoolsfirst Federal Credit Union 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Wells Fargo & Company 401(k) Plan $51.8B · 193,919
Google LLC 401(k) Savings Plan $39.0B · 122,867
Oracle Corporation 401(k) Savings and Investment Plan $26.3B · 63,105
Intel 401(k) Savings Plan $22.2B · 59,863
Apple 401(k) Plan $19.8B · 106,111

Compare Schoolsfirst Federal Credit Union 401(k)… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Schoolsfirst Federal Credit Union 401(k) Retirement Plan by total assets, not by location.

Lmi 401(k) Plan (VA) $373M · 2,306
Ardagh North America Bargaining 401(k) Plan (IN) $373M · 4,999
Msa Retirement Savings Plan (PA) $374M · 2,221
Multiplan, Inc. 401(k) Plan (IL) $374M · 2,576

Frequently Asked Questions

How did Schoolsfirst Federal Credit Union 401(k) Retirement Plan assets move in 2023? ▼

Schoolsfirst Federal Credit Union 401(k) Retirement Plan grew sharply - up 21.8% during 2023, from $307M to $373M. Reported net income was $67M.

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

Across 3 plan years on file (2022-2024), Schoolsfirst Federal Credit Union's sponsor-wide assets grew 43.6%, from $307M to $440M.

Where does Schoolsfirst Federal Credit Union 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼

Schoolsfirst Federal Credit Union 401(k) Retirement Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Schoolsfirst Federal Credit Union 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Lmi 401(k) Plan in VA ($373M, 2,306 participants).

Next read for Schoolsfirst Federal Credit Union 401(k)…

Filing takeaways

Ways to act on Schoolsfirst Federal Credit Union 401(k) Retirement Plan's numbers.

By total assets, Schoolsfirst Federal Credit Union 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
Schoolsfirst Federal Credit Union's sponsor-wide assets have grown 43.6% 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 951068595.