Defined Benefit (Pension) · DOL Form 5500 · 2023

Coastal Federal Credit Union Pension Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
523
Participants Below avg headcount
87th
Percentile by assets National rank
$112,472
Avg per participant Below avg balance/head
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Official DOL plan name: Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust · Sponsored by Coastal Federal Credit Union · North Carolina · Finance & Insurance

$59M in assets, 523 participants

Coastal Federal Credit Union's Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust reported $59M in total assets and 523 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,108 in Finance & Insurance (8,869 peers)

Where Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits by assets

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits in the top quartile of all filed plans by assets, $59M for 523 participants (~$112,472/participant), up 10.9% in 2023.

#7,108
in Finance & Insurance (8,869 peers)
+10.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust's outsized position by total assets

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs every filed plan by assets

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

$58,822,874 Top 13% higher than 87% 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

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust 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. Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits mid-pack in the medium band (523 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust reported net income rose from -$9M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust end-of-year assets rose from $53M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust reported participants rose from 509 in the plan year 2022 filing to 523 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 560904243 · Coastal Federal Credit Union PY 2023 · Defined Benefit (Pension)

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust · $59M · 523 · 87th

  • IND $59M
  • EOY 523
  • 5500 87th
  • ASSETS Defined Benefit (Pension)
  • PCT near Doosan Pension Plan Number One
  • EIN ind #7108

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 North Carolina →

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust in the asset neighbourhood

Retirement Plan for Employees of Pearl River Valley Electric Power AssociationRetirement Plan for Employee…$59MCoastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and TrustCoastal Federal Credit Union…$59MDoosan Pension Plan Number OneDoosan Pension Plan Number O…$59MLaw Companies Group, Inc. Pension PlanLaw Companies Group, Inc. Pe…$59MIBEW Local No. 223 Pension$59M
End-of-year total assets ($M) among Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$53M
Net Assets (End of Year)$59M
Net Income$6M
Employer EIN560904243
Plan Effective Date1974-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Coastal Federal Credit Union)

Sponsor-wide plan assets over time

All Coastal Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$149M 20.359002297147626% vs 2022
2024 filing year
$120M$130M$140M$150M$160M 202220232024 $124M $149M ▲ +20.4%
Year Plans Participants Total Assets
2022 2 1,107 $124M
2023 2 1,158 $144M
2024 2 1,199 $149M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust, Total assets ($B): 0.058822874 · Participants: 523Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and TrustHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust side-by-side with 3 peers →

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

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Doosan Pension Plan Number One in ND ($59M); by covered participants it is Volvo Retirement Plan in PA (522 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (523 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 Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust assets move in 2023? ▼
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust grew at a solid clip - up 10.9% during 2023, from $53M to $59M. Reported net income was $6M.
How have Coastal Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Coastal Federal Credit Union's sponsor-wide assets grew 20.4%, from $124M to $149M.
Where does Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust rank by assets among Form 5500 filers? ▼
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Doosan Pension Plan Number One in ND ($59M, 420 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Volvo Retirement Plan in PA (522 participants, $109M 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 560904243.

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.