401(k) · DOL Form 5500 · 2023

Island Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
141
Participants Small participant base
71st
Percentile by assets National rank
$129,516
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Island Federal Credit Union 401(k) Plan & Trust · Sponsored by Island Federal Credit Union · New York · Finance & Insurance

$18M in assets, 141 participants

Island Federal Credit Union's Island Federal Credit Union 401(k) Plan & Trust reported $18M in total assets and 141 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,060 in Finance & Insurance (8,869 peers)

Coverage in New York

Island Federal Credit Union 401(k) Plan & Trust covers 141 participants in New York, about 18% of the average New York filer (state average ~798 per filing). Assets: $18M.

#5,060
in Finance & Insurance (8,869 peers)
+24.8%
assets growth YoY

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

Island Federal Credit Union 401(k) Plan & Trust vs every filed plan by assets

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

$18,261,762 Top 29% higher than 71% 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

Island Federal Credit Union 401(k) Plan & 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. Island Federal Credit Union 401(k) Plan & Trust sits mid-pack in the medium band (141 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Island Federal Credit Union 401(k) Plan & Trust reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Island Federal Credit Union 401(k) Plan & Trust end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Island Federal Credit Union 401(k) Plan & Trust reported participants rose from 127 in the plan year 2022 filing to 141 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 111814791 · Island Federal Credit Union PY 2023 · 401(k)

Island Federal Credit Union 401(k) Plan & Trust · $18M · 141 · 71st

  • EIN $18M
  • RANK 141
  • PHOTO 71st
  • IND 401(k)
  • EOY near 401(k) Plan for Employees of the Polish National Alliance of the United States of North America
  • 5500 ind #5060

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 New York →

Island Federal Credit Union 401(k) Plan & Trust in the asset neighbourhood

Island Federal Credit Union 401(k) Plan & TrustIsland Federal Credit Union …$18M401(k) Plan for Employees of the Polish National Alliance of the United States of North America401(k) Plan for Employees of…$18MFirst US Bancshares, Inc. 401(k) PlanFirst US Bancshares, Inc. 40…$18MThe Pingree School, Inc. 401(k) PlanThe Pingree School, Inc. 401…$18MCatholic Charities Hawai'i Retirement Savings PlanCatholic Charities Hawai'i R…$18M
End-of-year total assets ($M) among Island Federal Credit Union 401(k) Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$4M
Employer EIN111814791
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Island Federal Credit Union)

Sponsor-wide plan assets over time

All Island Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$60M 21.941928140662917% vs 2022
2024 filing year
$45M$50M$55M$60M$65M 202220232024 $49M $59.7M ▲ +21.9%
Year Plans Participants Total Assets
2022 2 255 $49M
2023 2 261 $57M
2024 2 258 $60M

Nearby 401(k) Plans in New York

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

Island Federal Credit Union 401(k) Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Island Federal Credit Union 401(k) Plan & Trust, Total assets ($B): 0.018261762 · Participants: 141Island Federal Credit Union 401(k) Plan & TrustIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Island Federal Credit Union 401(k) Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants
Compare Island Federal Credit Union 401(k) Plan & Trust side-by-side with 3 peers →

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

Outside New York, the nearest 401(k) by assets is 401(k) Plan for Employees of the Polish National Alliance of the United States of North America in IL ($18M); by covered participants it is Dytran Instruments, Inc. Retirement Savings Plan in CA (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 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 Island Federal Credit Union 401(k) Plan & Trust assets move in 2023? ▼
Island Federal Credit Union 401(k) Plan & Trust grew sharply - up 24.8% during 2023, from $15M to $18M. Reported net income was $4M.
How have Island Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Island Federal Credit Union's sponsor-wide assets grew 21.9%, from $49M to $60M.
Which 401(k) plans are similar in size to Island Federal Credit Union 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is 401(k) Plan for Employees of the Polish National Alliance of the United States of North America in IL ($18M, 58 participants).
Which 401(k) plans cover a similar participant headcount to Island Federal Credit Union 401(k) Plan & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Dytran Instruments, Inc. Retirement Savings Plan in CA (141 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 111814791.

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.