401(k) · DOL Form 5500 · 2023

Pen Air Credit Union 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
329
Participants Below avg headcount
80th
Percentile by assets National rank
$100,261
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Pen Air Credit Union 401(k) Plan · Sponsored by Pen Air Credit Union · Florida · Finance & Insurance

$33M in assets, 329 participants

Pen Air Credit Union's Pen Air Credit Union 401(k) Plan reported $33M in total assets and 329 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #6,230 in Finance & Insurance (8,869 peers)

Where Pen Air Credit Union 401(k) Plan sits by assets

Pen Air Credit Union 401(k) Plan sits in the top quartile of all filed plans by assets, $33M for 329 participants (~$100,261/participant), up 17.6% in 2023.

#6,230
in Finance & Insurance (8,869 peers)
+17.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Pen Air Credit Union 401(k) Plan's outsized position by total assets

Pen Air Credit Union 401(k) Plan vs every filed plan by assets

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

$32,985,899 Top 20% higher than 80% 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

Pen Air Credit Union 401(k) 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. Pen Air Credit Union 401(k) Plan sits mid-pack in the medium band (329 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Pen Air Credit Union 401(k) Plan reported net income rose from -$5M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Pen Air Credit Union 401(k) Plan end-of-year assets rose from $28M in the plan year 2022 filing to $33M in the plan year 2023 filing.
  • Pen Air Credit Union 401(k) Plan reported participants rose from 314 in the plan year 2022 filing to 329 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 590642991 · Pen Air Credit Union PY 2023 · 401(k)

Pen Air Credit Union 401(k) Plan · $33M · 329 · 80th

  • IND $33M
  • EOY 329
  • 5500 80th
  • ASSETS 401(k)
  • PCT near Corcentric, Inc. 401(k) Plan
  • EIN ind #6230

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 Florida →

Pen Air Credit Union 401(k) Plan in the asset neighbourhood

Pen Air Credit Union 401(k) PlanPen Air Credit Union 401(k) …$33MCorcentric, Inc. 401(k) Plan$33MBradshaw Home Before-Tax Savings PlanBradshaw Home Before-Tax Sav…$33MMchugh Enterprises, Inc. 401(k) PlanMchugh Enterprises, Inc. 401…$33MMorphosys US Inc. 401(k) Plan$33M
End-of-year total assets ($M) among Pen Air Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$33M
Net Income$5M
Employer EIN590642991
Plan Effective Date1970-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pen Air Credit Union)

Sponsor-wide plan assets over time

All Pen Air Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$37M 33.54985454096573% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $28.1M $37.5M ▲ +33.6%
Year Plans Participants Total Assets
2022 1 314 $28M
2023 1 329 $33M
2024 1 362 $37M

Nearby 401(k) Plans in Florida

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

Pen Air Credit Union 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Pen Air Credit Union 401(k) Plan, Total assets ($B): 0.032985899 · Participants: 329Pen Air Credit Union 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Pen Air Credit Union 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Pen Air Credit Union 401(k) Plan side-by-side with 3 peers →

Pen Air Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Corcentric, Inc. 401(k) Plan in NJ ($33M); by covered participants it is Lasher Auto Group 401(k) Profit Sharing Plan in CA (329 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($33M here).

Similar participant headcount

Nearest other-state filings by covered participants (329 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 Pen Air Credit Union 401(k) Plan assets move in 2023? ▼
Pen Air Credit Union 401(k) Plan grew sharply - up 17.6% during 2023, from $28M to $33M. Reported net income was $5M.
How have Pen Air Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Pen Air Credit Union's sponsor-wide assets grew 33.5%, from $28M to $37M.
Where does Pen Air Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Pen Air Credit Union 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Pen Air Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Corcentric, Inc. 401(k) Plan in NJ ($33M, 494 participants).
Which 401(k) plans cover a similar participant headcount to Pen Air Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lasher Auto Group 401(k) Profit Sharing Plan in CA (329 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 590642991.

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.