401(k) · DOL Form 5500 · 2023

Coastal Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$85M
Total assets Below avg plan size
635
Participants Below avg headcount
90th
Percentile by assets National rank
$133,743
Avg per participant Near avg balance/head
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Official DOL plan name: Coastal Federal Credit Union 401(k) Plan and Trust · Sponsored by Coastal Federal Credit Union · North Carolina · Finance & Insurance

$85M in assets, 635 participants

Coastal Federal Credit Union's Coastal Federal Credit Union 401(k) Plan and Trust reported $85M in total assets and 635 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • #7,527 in Finance & Insurance (8,869 peers)

Where Coastal Federal Credit Union 401(k) Plan and Trust sits by assets

Coastal Federal Credit Union 401(k) Plan and Trust sits in the top 10% of all filed plans by assets, $85M for 635 participants (~$133,743/participant), up 19.7% in 2023.

#7,527
in Finance & Insurance (8,869 peers)
+19.7%
assets growth YoY
0.9×
vs typical plan assets (national mean)

Coastal Federal Credit Union 401(k) Plan and Trust's outsized position by total assets

Coastal Federal Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$84,926,815 Top 10% higher than 90% 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 401(k) 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 401(k) Plan and Trust sits mid-pack in the medium band (635 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Coastal Federal Credit Union 401(k) Plan and Trust reported net income rose from -$11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Coastal Federal Credit Union 401(k) Plan and Trust end-of-year assets rose from $71M in the plan year 2022 filing to $85M in the plan year 2023 filing.
  • Coastal Federal Credit Union 401(k) Plan and Trust reported participants rose from 598 in the plan year 2022 filing to 635 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 560904243 · Coastal Federal Credit Union PY 2023 · 401(k)

Coastal Federal Credit Union 401(k) Plan and Trust · $85M · 635 · 90th

  • ASSETS $85M
  • ASSETS 635
  • ASSETS 90th
  • ASSETS 401(k)
  • ASSETS near Uncommon Schools, Inc. 403(b) Plan
  • ASSETS ind #7527

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 401(k) Plan and Trust in the asset neighbourhood

Coastal Federal Credit Union 401(k) Plan and TrustCoastal Federal Credit Union…$85MUncommon Schools, Inc. 403(b) PlanUncommon Schools, Inc. 403(b…$85MGenesis Administrative Services 401(k) Plan #2Genesis Administrative Servi…$85MMadison Medical Affiliates, Inc. Employees' Balanced Profit Sharing PlanMadison Medical Affiliates, …$85MCornerstone Chemical Co. Employees' Savings PlanCornerstone Chemical Co. Emp…$85M
End-of-year total assets ($M) among Coastal Federal Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$85M
Net Income$14M
Employer EIN560904243
Plan Effective Date1986-01-01
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 401(k) Plans in North Carolina

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

Coastal Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Coastal Federal Credit Union 401(k) Plan and Trust, Total assets ($B): 0.084926815 · Participants: 635Coastal Federal Credit Union 401(k) Plan and TrustThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Coastal Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Coastal Federal Credit Union 401(k) Plan and Trust side-by-side with 3 peers →

Coastal Federal Credit Union 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Uncommon Schools, Inc. 403(b) Plan in NY ($85M); by covered participants it is Belmont Capital Tax Deferred Savings Plan and Trust in MA (635 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (635 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 401(k) Plan and Trust assets move in 2023? ▼
Coastal Federal Credit Union 401(k) Plan and Trust grew sharply - up 19.7% during 2023, from $71M to $85M. Reported net income was $14M.
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 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Coastal Federal Credit Union 401(k) Plan and Trust ranks in the 90th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Coastal Federal Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Uncommon Schools, Inc. 403(b) Plan in NY ($85M, 1,713 participants).
Which 401(k) plans cover a similar participant headcount to Coastal Federal Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Belmont Capital Tax Deferred Savings Plan and Trust in MA (635 participants, $31M 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.