Defined Benefit (Pension) · DOL Form 5500 · 2023

Beacon Credit Union Pension Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
185
Participants Below avg headcount
80th
Percentile by assets National rank
$169,436
Avg per participant Above avg balance/head
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Official DOL plan name: Beacon Credit Union Cash Balance Defined Benefit Plan and Trust · Sponsored by Beacon Credit Union · Indiana · Finance & Insurance

$31M in assets, 185 participants

Beacon Credit Union's Beacon Credit Union Cash Balance Defined Benefit Plan and Trust reported $31M in total assets and 185 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.

  • #6,137 in Finance & Insurance (8,869 peers)

Coverage in Indiana

Beacon Credit Union Cash Balance Defined Benefit Plan and Trust covers 185 participants in Indiana, about 34% of the average Indiana filer (state average ~541 per filing). Assets: $31M.

#6,137
in Finance & Insurance (8,869 peers)
+15.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Beacon Credit Union Cash Balance Defined Benefit Plan and Trust's outsized position by total assets

Beacon 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

$31,345,693 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

Beacon Credit Union Cash Balance 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. Beacon Credit Union Cash Balance Defined Benefit Plan and Trust sits mid-pack in the medium band (185 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Beacon Credit Union Cash Balance Defined Benefit Plan and Trust reported net income rose from -$17M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Beacon Credit Union Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $27M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Beacon Credit Union Cash Balance Defined Benefit Plan and Trust reported participants fell from 202 in the plan year 2022 filing to 185 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 356025844 · Beacon Credit Union PY 2023 · Defined Benefit (Pension)

Beacon Credit Union Cash Balance Defined Benefit Plan and Trust · $31M · 185 · 80th

  • VS-ST $31M
  • BOY 185
  • SCH 80th
  • EBSA Defined Benefit (Pension)
  • PART near Bowie-Cass Electric Cooperative, Inc. Retirement Plan
  • TYPE ind #6137

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 Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

Johns Hopkins Bayview Medical Center,Inc. Represen Employees Pension PlanJohns Hopkins Bayview Medica…$31MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$31MBeacon Credit Union Cash Balance Defined Benefit Plan and TrustBeacon Credit Union Cash Bal…$31MBowie-Cass Electric Cooperative, Inc. Retirement PlanBowie-Cass Electric Cooperat…$31MTitan Bryan Pension Plan$31M
End-of-year total assets ($M) among Beacon Credit Union Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$4M
Employer EIN356025844
Plan Effective Date1997-11-01
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 Defined Benefit (Pension) Plans in Indiana

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

Beacon Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -5051015 Total assets ($B) Participants Beacon Credit Union Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.031345693 · Participants: 185Beacon Credit Union Cash Balance Defined Benefit Plan and TrustThe Lilly Retirement Plan, Total assets ($B): 11.68755379 · Participants: 19111The Lilly Retirement PlanCummins Pension Plan, Total assets ($B): 3.321162584 · Participants: 26560Cummins Pension PlanIndiana Laborers Pension Fund, Total assets ($B): 1.654720253 · Participants: 10800Indiana Laborers Pension FundElevance Health Cash Balance Plan a, Total assets ($B): 1.277905032 · Participants: 8197Elevance Health Cash Balance Plan aNisource Pension Plan, Total assets ($B): 1.063713087 · Participants: 2174Nisource Pension Plan
Beacon Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Indiana, assets vs. participants
Compare Beacon Credit Union Cash Balance Defined Benefit Plan and Trust side-by-side with 3 peers →

Beacon Credit Union Cash Balance Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Indiana, the nearest Defined Benefit (Pension) by assets is Bowie-Cass Electric Cooperative, Inc. Retirement Plan in TX ($31M); by covered participants it is Retirement Plan for Employees of Canton-Potsdam Hospital in NY (185 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (185 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 Cash Balance Defined Benefit Plan and Trust assets move in 2023? ▼
Beacon Credit Union Cash Balance Defined Benefit Plan and Trust grew sharply - up 15.1% during 2023, from $27M to $31M. Reported net income was $4M.
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.
Where does Beacon Credit Union Cash Balance Defined Benefit Plan and Trust rank by assets among Form 5500 filers? ▼
Beacon Credit Union Cash Balance Defined Benefit Plan and Trust 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 Defined Benefit (Pension) plans are similar in size to Beacon Credit Union Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bowie-Cass Electric Cooperative, Inc. Retirement Plan in TX ($31M, 63 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Beacon Credit Union Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Canton-Potsdam Hospital in NY (185 participants, $38M 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.