401(k) · DOL Form 5500 · 2023

Beacon Credit Union 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
252
Participants Below avg headcount
65th
Percentile by assets National rank
$52,505
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Beacon Credit Union 401(k) Plan and Trust · Sponsored by Beacon Credit Union · Indiana · Finance & Insurance

$13M in assets, 252 participants

Beacon Credit Union's Beacon Credit Union 401(k) Plan and Trust reported $13M in total assets and 252 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #4,409 in Finance & Insurance (8,869 peers)

Coverage in Indiana

Beacon Credit Union 401(k) Plan and Trust covers 252 participants in Indiana, about 47% of the average Indiana filer (state average ~541 per filing). Assets: $13M.

#4,409
in Finance & Insurance (8,869 peers)
+25.3%
assets growth YoY

Beacon Credit Union 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Beacon Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$13,231,306 Top 35% higher than 65% 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

Beacon Credit Union 401(k) 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. Beacon Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (252 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beacon Credit Union 401(k) Plan and Trust reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Beacon Credit Union 401(k) Plan and Trust end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Beacon Credit Union 401(k) Plan and Trust reported participants fell from 264 in the plan year 2022 filing to 252 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 356025844 · Beacon Credit Union PY 2023 · 401(k)

Beacon Credit Union 401(k) Plan and Trust · $13M · 252 · 65th

  • NET $13M
  • NET 252
  • NET 65th
  • NET 401(k)
  • NET near One Community Health 401(k) Plan
  • NET ind #4409

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 Indiana →

Beacon Credit Union 401(k) Plan and Trust in the asset neighbourhood

Beacon Credit Union 401(k) Plan and TrustBeacon Credit Union 401(k) P…$13MOne Community Health 401(k) PlanOne Community Health 401(k) …$13MBosselman Employee Retirement PlanBosselman Employee Retiremen…$13MProsmile Retirement Savings PlanProsmile Retirement Savings …$13MOpenly LLC 401(k) Plan$13M
End-of-year total assets ($M) among Beacon Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$3M
Employer EIN356025844
Plan Effective Date1997-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beacon Credit Union)

Sponsor-wide plan assets over time

All Beacon Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$51M 36.05409329471291% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $37.8M $51.4M ▲ +36.1%
Year Plans Participants Total Assets
2022 2 466 $38M
2023 2 437 $45M
2024 2 424 $51M

Nearby 401(k) Plans in Indiana

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

Beacon Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Beacon Credit Union 401(k) Plan and Trust, Total assets ($B): 0.013231306 · Participants: 252Beacon Credit Union 401(k) Plan and TrustThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Beacon Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Beacon Credit Union 401(k) Plan and Trust side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is One Community Health 401(k) Plan in CA ($13M); by covered participants it is Tonoga, Inc. Profit Sharing/401(k) Plan in NY (252 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (252 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 Beacon Credit Union 401(k) Plan and Trust assets move in 2023? ▼
Beacon Credit Union 401(k) Plan and Trust grew sharply - up 25.3% during 2023, from $11M to $13M. Reported net income was $3M.
How have Beacon Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Beacon Credit Union's sponsor-wide assets grew 36.1%, from $38M to $51M.
Which 401(k) plans are similar in size to Beacon Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is One Community Health 401(k) Plan in CA ($13M, 254 participants).
Which 401(k) plans cover a similar participant headcount to Beacon Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Tonoga, Inc. Profit Sharing/401(k) Plan in NY (252 participants, $29M 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 356025844.

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.