401(k) · DOL Form 5500 · 2023

First Northern Credit Union 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
73
Participants Small participant base
68th
Percentile by assets National rank
$216,859
Avg per participant Above avg balance/head
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Official DOL plan name: First Northern Credit Union 401(k) Plan · Sponsored by First Northern Credit Union · Illinois · Finance & Insurance

$16M in assets, 73 participants

First Northern Credit Union's First Northern Credit Union 401(k) Plan reported $16M in total assets and 73 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.

  • #4,759 in Finance & Insurance (8,869 peers)

First Northern Credit Union multi-year trail

First Northern Credit Union's plans moved +36.8% in assets from 2022 to 2024; this filing shows First Northern Credit Union 401(k) Plan at $16M / 73 participants.

#4,759
in Finance & Insurance (8,869 peers)
+17.0%
assets growth YoY

First Northern Credit Union 401(k) Plan's outsized position by total assets

First Northern Credit Union 401(k) Plan vs every filed plan by assets

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

$15,830,685 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

First Northern Credit Union 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Northern Credit Union 401(k) Plan is a small filing (73 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • First Northern Credit Union 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • First Northern Credit Union 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • First Northern Credit Union 401(k) Plan reported participants fell from 80 in the plan year 2022 filing to 73 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 362009178 · First Northern Credit Union PY 2023 · 401(k)

First Northern Credit Union 401(k) Plan · $16M · 73 · 68th

  • RANK $16M
  • RANK 73
  • RANK 68th
  • RANK 401(k)
  • RANK near Biocare Medical 401(k) Plan and Trust
  • RANK ind #4759

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 Illinois →

First Northern Credit Union 401(k) Plan in the asset neighbourhood

First Northern Credit Union 401(k) PlanFirst Northern Credit Union …$16MBiocare Medical 401(k) Plan and TrustBiocare Medical 401(k) Plan …$16MLiquid Environmental Solutions & Affiliates 401(k) Profit Sharing PlanLiquid Environmental Solutio…$16MCornerstone Systems, Inc. 401(k) PlanCornerstone Systems, Inc. 40…$16MLahlouh, Inc. 401(k) Savings PlanLahlouh, Inc. 401(k) Savings…$16M
End-of-year total assets ($M) among First Northern Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

First Northern Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All First Northern Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$19M 36.80424139721832% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.5M $18.5M ▲ +36.8%
Year Plans Participants Total Assets
2022 1 80 $14M
2023 1 73 $16M
2024 1 73 $19M

First Northern Credit Union filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN362009178
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Illinois

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

First Northern Credit Union 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants First Northern Credit Union 401(k) Plan, Total assets ($B): 0.015830685 · Participants: 73First Northern Credit Union 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
First Northern Credit Union 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare First Northern Credit Union 401(k) Plan side-by-side with 3 peers →

First Northern Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Biocare Medical 401(k) Plan and Trust in CA ($16M); by covered participants it is A Haven for Kids, Inc. Retirement Plan in OH (73 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (73 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 First Northern Credit Union 401(k) Plan assets move in 2023? ▼
First Northern Credit Union 401(k) Plan grew sharply - up 17.0% during 2023, from $14M to $16M. Reported net income was $2M.
How have First Northern Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Northern Credit Union's sponsor-wide assets grew 36.8%, from $14M to $19M.
Which 401(k) plans are similar in size to First Northern Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Biocare Medical 401(k) Plan and Trust in CA ($16M, 143 participants).
Which 401(k) plans cover a similar participant headcount to First Northern Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is A Haven for Kids, Inc. Retirement Plan in OH (73 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 362009178.

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.