Defined Benefit (Pension) · DOL Form 5500 · 2023

Redstone Federal Credit Union Pension Plan

Data updated 2026-08-25

$156M
Total assets Near avg plan size
1,097
Participants Near avg headcount
94th
Percentile by assets National rank
$142,394
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Redstone Federal Credit Union Defined Benefit Plan · Sponsored by Redstone Federal Credit Union · Alabama · Finance & Insurance

$156M in assets, 1,097 participants

Redstone Federal Credit Union's Redstone Federal Credit Union Defined Benefit Plan reported $156M in total assets and 1,097 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,006 in Finance & Insurance (8,869 peers)

Coverage in Alabama

Redstone Federal Credit Union Defined Benefit Plan covers 1,097 participants in Alabama, 3.0x the typical Alabama plan (state average ~360 per filing). Assets: $156M.

#8,006
in Finance & Insurance (8,869 peers)
+14.3%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Redstone Federal Credit Union Defined Benefit Plan's outsized position by total assets

Redstone Federal Credit Union Defined Benefit Plan vs every filed plan by assets

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

$156,206,058 Top 6% higher than 94% 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

Redstone Federal Credit Union Defined Benefit Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Redstone Federal Credit Union Defined Benefit Plan lands in the large band (1,097 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Redstone Federal Credit Union Defined Benefit Plan reported net income rose from -$36M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Redstone Federal Credit Union Defined Benefit Plan end-of-year assets rose from $137M in the plan year 2022 filing to $156M in the plan year 2023 filing.
  • Redstone Federal Credit Union Defined Benefit Plan reported participants rose from 1,036 in the plan year 2022 filing to 1,097 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 630322374 · Redstone Federal Credit Union PY 2023 · Defined Benefit (Pension)

Redstone Federal Credit Union Defined Benefit Plan · $156M · 1,097 · 94th

  • IND $156M
  • EOY 1,097
  • 5500 94th
  • ASSETS Defined Benefit (Pension)
  • PCT near Iron Workers Mid-South Pension Fund
  • EIN ind #8006

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 →

Redstone Federal Credit Union Defined Benefit Plan in the asset neighbourhood

Bristol-Myers Squibb Puerto Rico Inc, Retirement Income PlanBristol-Myers Squibb Puerto …$156MIron Workers Mid-South Pension FundIron Workers Mid-South Pensi…$156MRedstone Federal Credit Union Defined Benefit PlanRedstone Federal Credit Unio…$156MChicago Tile Institute Pension FundChicago Tile Institute Pensi…$156MNew York-New Jersey Amalgamated Pension Plan for Acme EmployeesNew York-New Jersey Amalgama…$156M
End-of-year total assets ($M) among Redstone Federal Credit Union Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Alabama filing particulars

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$156M
Net Income$20M
Employer EIN630322374
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Redstone Federal Credit Union)

Sponsor-wide plan assets over time

All Redstone Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$329M 32.593734560503115% vs 2022
2024 filing year
$200M$250M$300M$350M 202220232024 $248M $329M ▲ +32.6%
Year Plans Participants Total Assets
2022 2 2,236 $248M
2023 2 2,331 $295M
2024 2 2,465 $329M

Nearby Defined Benefit (Pension) Plans in Alabama

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

Redstone Federal Credit Union Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 050010001500200025003000 00.511.5 Total assets ($B) Participants Redstone Federal Credit Union Defined Benefit Plan, Total assets ($B): 0.156206058 · Participants: 1097Redstone Federal Credit Union Defined Benefit PlanRegions 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
Redstone Federal Credit Union Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Alabama, assets vs. participants
Compare Redstone Federal Credit Union Defined Benefit Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest Defined Benefit (Pension) by assets is Iron Workers Mid-South Pension Fund in TX ($156M); by covered participants it is Washington Permanente Medical Group Cash Balance Pension Plan in WA (1,097 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,097 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 Redstone Federal Credit Union Defined Benefit Plan assets move in 2023? ▼
Redstone Federal Credit Union Defined Benefit Plan grew at a solid clip - up 14.3% during 2023, from $137M to $156M. Reported net income was $20M.
How have Redstone Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Redstone Federal Credit Union's sponsor-wide assets grew 32.6%, from $248M to $329M.
Where does Redstone Federal Credit Union Defined Benefit Plan rank by assets among Form 5500 filers? ▼
Redstone Federal Credit Union Defined Benefit Plan ranks in the 94th 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 Defined Benefit (Pension) plans are similar in size to Redstone Federal Credit Union Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iron Workers Mid-South Pension Fund in TX ($156M, 776 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Redstone Federal Credit Union Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Washington Permanente Medical Group Cash Balance Pension Plan in WA (1,097 participants, $120M 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 630322374.

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.