Defined Benefit (Pension) · DOL Form 5500 · 2023

Cyprus Federal Credit Union Pension Plan

Data updated 2026-08-11

$40M
Total assets
379
Participants
83rd
Percentile by assets
$105,311
Avg per participant
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Official DOL plan name: Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust · Sponsored by Cyprus Federal Credit Union · Utah · Finance & Insurance

$40M in assets, 379 participants

Cyprus Federal Credit Union's Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust reported $40M in total assets and 379 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • 83rd percentile by assets (of 127,072 plans)
  • #6,562 in Finance & Insurance (8,869 peers)

Where Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust sits by assets

Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust sits in the top quartile of all filed plans by assets, $40M for 379 participants (~$105,311/participant), up 15.2% in 2023.

$40M
total plan assets (2023 EOY)
379
covered participants
83rd
percentile by assets (of 127,072 plans)
$105,311
avg assets per participant

Where Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust sits by total assets

Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$39,912,945 Top 17% higher than 83% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust reported net income rose from -$8M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $35M in the plan year 2022 filing to $40M in the plan year 2023 filing.
  • Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust reported participants rose from 372 in the plan year 2022 filing to 379 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Utah
Industry
Finance & Insurance

Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust vs the 2023 asset distribution

By assets, Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust outranks 83% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$35M
Net Assets (End of Year)$40M
Net Income$5M
Employer EIN870127320
Plan Effective Date1963-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cyprus Federal Credit Union)

$50M$55M$60M$65M 202220232024 $52M $63.1M ▲ +21.2%
Total plan assets by year, all Cyprus Federal Credit Union plans on file
Year Plans Participants Total Assets
2022 2 798 $52M
2023 2 818 $61M
2024 2 839 $63M

Nearby Defined Benefit (Pension) Plans in Utah

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

Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Utah, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -20246810 Total assets ($B) Participants Cyprus Federal Credi…, Total assets ($B): 0.039912945 · Participants: 379Cyprus Federal Credi…Deseret Mutual Maste…, Total assets ($B): 7.736829103 · Participants: 11210Deseret Mutual Maste…Intermountain Health…, Total assets ($B): 3.209613 · Participants: 28140Intermountain Health…Rio Tinto America In…, Total assets ($B): 0.97177716 · Participants: 1644Rio Tinto America In…America First Credit…, Total assets ($B): 0.547334141 · Participants: 2464America First Credit…Retail Food Employer…, Total assets ($B): 0.3554572 · Participants: 8448Retail Food Employer…
Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Utah, assets vs. participants
Compare Cyprus Federal Credit Union Cash Balance… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust assets move in 2023? ▼
Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust grew sharply - up 15.2% during 2023, from $35M to $40M. Reported net income was $5M.
How have Cyprus Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Cyprus Federal Credit Union's sponsor-wide assets grew 21.2%, from $52M to $63M.
Where does Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust rank by assets among Form 5500 filers? ▼
Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wellmont Health System Defined Benefit Plan in TN ($40M, 205 participants).

Next read for Cyprus Federal Credit Union Cash Balance…

Scale reading

Ways to act on Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust's numbers.

  • By total assets, Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Utah. Compare plans
  • Cyprus Federal Credit Union's sponsor-wide assets have grown 21.2% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 870127320.

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.