Defined Benefit (Pension) · DOL Form 5500 · 2023

Alabama State Employees Credit Union Pension Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
91
Participants Small participant base
57th
Percentile by assets National rank
$101,557
Avg per participant Below avg balance/head
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Official DOL plan name: Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust · Sponsored by Alabama State Employees Credit Union · Alabama · Finance & Insurance

$9M in assets, 91 participants

Alabama State Employees Credit Union's Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust reported $9M in total assets and 91 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,685 in Finance & Insurance (8,869 peers)

Alabama State Employees Credit Union multi-year trail

Alabama State Employees Credit Union's plans moved +17.1% in assets from 2022 to 2024; this filing shows Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust at $9M / 91 participants.

#3,685
in Finance & Insurance (8,869 peers)
+9.9%
assets growth YoY

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$9,241,715 Top 43% higher than 57% 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

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust is a small filing (91 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust reported net income rose from -$2M in the plan year 2022 filing to $832K in the plan year 2023 filing.
  • Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust reported participants rose from 90 in the plan year 2022 filing to 91 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 630348156 · Alabama State Employees Credit Union PY 2023 · Defined Benefit (Pension)

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust · $9M · 91 · 57th

  • SCH $9M
  • SCH 91
  • SCH 57th
  • SCH Defined Benefit (Pension)
  • SCH near Pension Plan for Salaried Employees of Fabri-Kal Corporation
  • SCH ind #3685

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 Alabama →

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

Cobre Valley Community Hospital Retirement Plan for Salaried EmployeesCobre Valley Community Hospi…$9MPension Plan for Salaried Employees of Fabri-Kal CorporationPension Plan for Salaried Em…$9MAlabama State Employees Credit Union Cash Balance Defined Benefit Plan and TrustAlabama State Employees Cred…$9MMoustafa E. Alamy M.D., Inc. Defined Benefit Pension PlanMoustafa E. Alamy M.D., Inc.…$9MRetirement Plan for Drivers of Commercial Distributing Company IncRetirement Plan for Drivers …$9M
End-of-year total assets ($M) among Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Alabama State Employees Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All Alabama State Employees Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$10M 17.12232934394396% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M 202220232024 $8.41M $9.85M ▲ +17.1%
Year Plans Participants Total Assets
2022 1 90 $8M
2023 1 91 $9M
2024 1 90 $10M

Alabama State Employees Credit Union filing trail (2023)

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$832K
Employer EIN630348156
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Alabama

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

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000100020003000 -0.500.511.5 Total assets ($B) Participants Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.009241715 · Participants: 91Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and TrustRegions Financial Corporation Retirement Plan, Total assets ($B): 1.23300032 · Participants: 292Regions Financial Corporation Retirement PlanBlue Cross and Blue Shield of Alabama Retirement Plan, Total assets ($B): 0.737313284 · Participants: 2014Blue Cross and Blue Shield of Alabama Retirement PlanRegions Financial Corporation Retirement Plan for Associates, Total assets ($B): 0.716301272 · Participants: 2395Regions Financial Corporation Retirement Plan for AssociatesVulcan Materials Company Pension Plan, Total assets ($B): 0.507585545 · Participants: 776Vulcan Materials Company Pension PlanAmerican Cast Iron Pipe Company Pension Plan, Total assets ($B): 0.440237888 · Participants: 832American Cast Iron Pipe Company Pension Plan
Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants

Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Pension Plan for Salaried Employees of Fabri-Kal Corporation in IL ($9M); by covered participants it is Maher Terminals LLC Pension Trust in NJ (91 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 Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust assets move in 2023?
Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust grew at a solid clip - up 9.9% during 2023, from $8M to $9M. Reported net income was $832K.
How have Alabama State Employees Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Alabama State Employees Credit Union's sponsor-wide assets grew 17.1%, from $8M to $10M.
Which Defined Benefit (Pension) plans are similar in size to Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pension Plan for Salaried Employees of Fabri-Kal Corporation in IL ($9M, 113 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Alabama State Employees Credit Union Cash Balance Defined Benefit Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Maher Terminals LLC Pension Trust in NJ (91 participants, $90M in assets).