Defined Benefit (Pension) · DOL Form 5500 · 2023

Summit Credit Union Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
662
Participants Below avg headcount
73rd
Percentile by assets National rank
$31,593
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Summit Credit Union Retirement Pension Plan · Sponsored by Summit Credit Union · Wisconsin · Finance & Insurance

$21M in assets, 662 participants

Summit Credit Union's Summit Credit Union Retirement Pension Plan reported $21M in total assets and 662 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,345 in Finance & Insurance (8,869 peers)

Summit Credit Union multi-year trail

Summit Credit Union's plans moved +41.7% in assets from 2022 to 2024; this filing shows Summit Credit Union Retirement Pension Plan at $21M / 662 participants.

#5,345
in Finance & Insurance (8,869 peers)
+52.4%
assets growth YoY

Summit Credit Union Retirement Pension Plan's outsized position by total assets

Summit Credit Union Retirement Pension Plan vs every filed plan by assets

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

$20,914,662 Top 27% higher than 73% 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

Summit Credit Union Retirement Pension Plan 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. Summit Credit Union Retirement Pension Plan sits mid-pack in the medium band (662 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Summit Credit Union Retirement Pension Plan reported net income rose from -$2M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Summit Credit Union Retirement Pension Plan end-of-year assets rose from $14M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Summit Credit Union Retirement Pension Plan reported participants rose from 628 in the plan year 2022 filing to 662 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 390230585 · Summit Credit Union PY 2023 · Defined Benefit (Pension)

Summit Credit Union Retirement Pension Plan · $21M · 662 · 73rd

  • PART $21M
  • TYPE 662
  • NET 73rd
  • BOOK Defined Benefit (Pension)
  • VS-ST near Cofcu Cash Balance Defined Benefit Plan and Trust
  • BOY ind #5345

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 Wisconsin →

Summit Credit Union Retirement Pension Plan in the asset neighbourhood

Retirement Plan for Employees of Tishomingo County Electric Power AssociationRetirement Plan for Employee…$21MSummit Credit Union Retirement Pension PlanSummit Credit Union Retireme…$21MCofcu Cash Balance Defined Benefit Plan and TrustCofcu Cash Balance Defined B…$21MHarrisonville Telephone Company Retirement Plan for Management EmployeesHarrisonville Telephone Comp…$21MLocal 837 Pension Plan$21M
End-of-year total assets ($M) among Summit Credit Union Retirement Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Summit Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All Summit Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$140M 41.68867917007935% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $98.5M $140M ▲ +41.7%
Year Plans Participants Total Assets
2022 2 1,269 $98M
2023 2 1,430 $127M
2024 2 1,624 $140M

Summit Credit Union filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$21M
Net Income$7M
Employer EIN390230585
Plan Effective Date1960-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Wisconsin

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

Summit Credit Union Retirement Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. 050001000015000 -101234 Total assets ($B) Participants Summit Credit Union Retirement Pension Plan, Total assets ($B): 0.020914662 · Participants: 662Summit Credit Union Retirement Pension PlanThe Northwestern Mutual Employee Retirement Plan, Total assets ($B): 3.298151091 · Participants: 8348The Northwestern Mutual Employee Retirement PlanBuilding Trades United Pension Trust Fund Milwaukee and Vicinity, Total assets ($B): 3.267131995 · Participants: 9960Building Trades United Pension Trust Fund Milwaukee and VicinityThe Northwestern Mutual Life Insurance Company Agents Retirement Plan, Total assets ($B): 2.08393057 · Participants: 7368The Northwestern Mutual Life Insurance Company Agents Retirement PlanHarley-Davidson Retirement Plan, Total assets ($B): 1.912240682 · Participants: 1560Harley-Davidson Retirement PlanRockwell Automation Pension Plan, Total assets ($B): 1.77661124 · Participants: 2136Rockwell Automation Pension Plan
Summit Credit Union Retirement Pension Plan vs. nearby Defined Benefit (Pension) plans in Wisconsin, assets vs. participants
Compare Summit Credit Union Retirement Pension Plan side-by-side with 3 peers →

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

Outside Wisconsin, the nearest Defined Benefit (Pension) by assets is Cofcu Cash Balance Defined Benefit Plan and Trust in MA ($21M); by covered participants it is The Kroger Co. Pension Plan Rep. by Amalgamated Meat Cutters in OH (662 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (662 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 Summit Credit Union Retirement Pension Plan assets move in 2023? ▼
Summit Credit Union Retirement Pension Plan surged - up 52.4% during 2023, from $14M to $21M. Reported net income was $7M.
How have Summit Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Summit Credit Union's sponsor-wide assets grew 41.7%, from $98M to $140M.
Which Defined Benefit (Pension) plans are similar in size to Summit Credit Union Retirement Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cofcu Cash Balance Defined Benefit Plan and Trust in MA ($21M, 102 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Summit Credit Union Retirement Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Kroger Co. Pension Plan Rep. by Amalgamated Meat Cutters in OH (662 participants, $46M 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 390230585.

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.