Defined Benefit (Pension) · DOL Form 5500 · 2023

Sandia Area Federal Credit Union Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
112
Participants Small participant base
67th
Percentile by assets National rank
$134,725
Avg per participant Near avg balance/head
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Official DOL plan name: Sandia Area Federal Credit Union Defined Benefit Plan and Trust · Sponsored by Sandia Area Federal Credit Union · New Mexico · Finance & Insurance

$15M in assets, 112 participants

Sandia Area Federal Credit Union's Sandia Area Federal Credit Union Defined Benefit Plan and Trust reported $15M in total assets and 112 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • #4,648 in Finance & Insurance (8,869 peers)

Coverage in New Mexico

Sandia Area Federal Credit Union Defined Benefit Plan and Trust covers 112 participants in New Mexico, about 31% of the average New Mexico filer (state average ~365 per filing). Assets: $15M.

#4,648
in Finance & Insurance (8,869 peers)
+12.5%
assets growth YoY

Sandia Area Federal Credit Union Defined Benefit Plan and Trust's outsized position by total assets

Sandia Area Federal Credit Union Defined Benefit Plan and Trust vs every filed plan by assets

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

$15,089,151 Top 33% higher than 67% 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

Sandia Area Federal Credit Union Defined Benefit 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. Sandia Area Federal Credit Union Defined Benefit Plan and Trust sits mid-pack in the medium band (112 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sandia Area Federal Credit Union Defined Benefit Plan and Trust reported net income rose from -$7M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Sandia Area Federal Credit Union Defined Benefit Plan and Trust end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • Sandia Area Federal Credit Union Defined Benefit Plan and Trust reported participants rose from 104 in the plan year 2022 filing to 112 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 850128861 · Sandia Area Federal Credit Union PY 2023 · Defined Benefit (Pension)

Sandia Area Federal Credit Union Defined Benefit Plan and Trust · $15M · 112 · 67th

  • BOY $15M
  • BOY 112
  • BOY 67th
  • BOY Defined Benefit (Pension)
  • BOY near Retirement Plan for Salaried Tropical Employees of Chiquita Brands, L.L.C.
  • BOY ind #4648

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 Mexico →

Sandia Area Federal Credit Union Defined Benefit Plan and Trust in the asset neighbourhood

Spokane United Methodist Homes, Inc Defined Benefit Pension PlanSpokane United Methodist Hom…$15MShure Incorporated Employees' Retirement PlanShure Incorporated Employees…$15MSandia Area Federal Credit Union Defined Benefit Plan and TrustSandia Area Federal Credit U…$15MRetirement Plan for Salaried Tropical Employees of Chiquita Brands, L.L.C.Retirement Plan for Salaried…$15MGlobal Payments Inc. Employees Retirement PlanGlobal Payments Inc. Employe…$15M
End-of-year total assets ($M) among Sandia Area Federal Credit Union Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New Mexico filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN850128861
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sandia Area Federal Credit Union)

Sponsor-wide plan assets over time

All Sandia Area Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$22M 20.63718612297286% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $18.5M $22.4M ▲ +20.6%
Year Plans Participants Total Assets
2022 2 248 $19M
2023 2 267 $21M
2024 2 321 $22M

Nearby Defined Benefit (Pension) Plans in New Mexico

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

Sandia Area Federal Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants Sandia Area Federal Credit Union Defined Benefit Plan and Trust, Total assets ($B): 0.015089151 · Participants: 112Sandia Area Federal Credit Union Defined Benefit Plan and TrustNtess Retirement Income Plan, Total assets ($B): 6.09808864 · Participants: 3544Ntess Retirement Income PlanTriad Defined Benefit Pension Plan, Total assets ($B): 5.686688811 · Participants: 2214Triad Defined Benefit Pension PlanPnm Resources, Inc. Employees' Retirement Plan, Total assets ($B): 0.407211663 · Participants: 146Pnm Resources, Inc. Employees' Retirement PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($B): 0.247845171 · Participants: 814Presbyterian Healthcare Services Employees' Pension Plan IIWaste Isolation Pilot Plant Pension Plan, Total assets ($B): 0.223782278 · Participants: 953Waste Isolation Pilot Plant Pension Plan
Sandia Area Federal Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants
Compare Sandia Area Federal Credit Union Defined Benefit Plan and Trust side-by-side with 3 peers →

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

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Salaried Tropical Employees of Chiquita Brands, L.L.C. in FL ($15M); by covered participants it is Scholle Corporation Employees' Retirement Plan in IL (112 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (112 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 Sandia Area Federal Credit Union Defined Benefit Plan and Trust assets move in 2023? ▼
Sandia Area Federal Credit Union Defined Benefit Plan and Trust grew at a solid clip - up 12.5% during 2023, from $13M to $15M. Reported net income was $2M.
How have Sandia Area Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sandia Area Federal Credit Union's sponsor-wide assets grew 20.6%, from $19M to $22M.
Which Defined Benefit (Pension) plans are similar in size to Sandia Area Federal Credit Union Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Salaried Tropical Employees of Chiquita Brands, L.L.C. in FL ($15M, 9 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sandia Area Federal Credit Union Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Scholle Corporation Employees' Retirement Plan in IL (112 participants, $49M 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 850128861.

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.