Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

ESL FEDERAL CREDIT UNION PENSION PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

ESL FEDERAL CREDIT UNION

This Defined Benefit (Pension) plan holds $10M in total assets and serves 871 participants as of 2023. It is sponsored by ESL FEDERAL CREDIT UNION in New York. The plan reported a net loss of $24M for the year.

Total Assets (2023)
$10M
Participants
871
State
Industry
Finance & Insurance

What the Filing Says About ESL FEDERAL CREDIT UNION PENSION PLAN

ESL FEDERAL CREDIT UNION PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by ESL FEDERAL CREDIT UNION, headquartered in New York. As of the 2023 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 871 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 161490324, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $34M at the beginning of 2023 to $10M at year-end — a decline of 70.2%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-23,729,442 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$34M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-23,729,442
Plan TypeDefined Benefit (Pension)
Employer EIN161490324
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (ESL FEDERAL CREDIT UNION)

Year Plans Participants Total Assets
2022 2 1,802 $148M
2023 2 1,764 $155M
2024 2 1,026 $168M

Nearby Defined Benefit (Pension) Plans in New York

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

Frequently Asked Questions

How much money is in the ESL FEDERAL CREDIT UNION PENSION PLAN?
As of the 2023 Form 5500 filing, ESL FEDERAL CREDIT UNION PENSION PLAN holds $10M in total assets with 871 participants. It is sponsored by ESL FEDERAL CREDIT UNION.
What type of plan is ESL FEDERAL CREDIT UNION PENSION PLAN?
ESL FEDERAL CREDIT UNION PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 161490324.
Who sponsors the ESL FEDERAL CREDIT UNION PENSION PLAN?
ESL FEDERAL CREDIT UNION PENSION PLAN is sponsored by ESL FEDERAL CREDIT UNION, located in New York. The sponsor's EIN is 161490324 and the plan operates in the Finance & Insurance industry.
How did ESL FEDERAL CREDIT UNION PENSION PLAN perform in 2023?
ESL FEDERAL CREDIT UNION PENSION PLAN declined by 70.2% during 2023, moving from $34M to $10M in total assets. Net income was $-23,729,442.
Where can I find official filings for ESL FEDERAL CREDIT UNION PENSION PLAN?
Official Form 5500 filings for ESL FEDERAL CREDIT UNION PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 161490324 or plan name at efast.dol.gov.
How does ESL FEDERAL CREDIT UNION PENSION PLAN compare to other plans?
You can compare ESL FEDERAL CREDIT UNION PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 161490324.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.