Defined Benefit (Pension) · DOL Form 5500 · 2023

Lbs Financial Credit Union Pension Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
178
Participants Small participant base
84th
Percentile by assets National rank
$235,519
Avg per participant Above avg balance/head
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Official DOL plan name: Lbs Financial Credit Union Defined Benefit Pension Plan · Sponsored by Lbs Financial Credit Union · California · Finance & Insurance

$42M in assets, 178 participants

Lbs Financial Credit Union's Lbs Financial Credit Union Defined Benefit Pension Plan reported $42M in total assets and 178 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,642 in Finance & Insurance (8,869 peers)

Coverage in California

Lbs Financial Credit Union Defined Benefit Pension Plan covers 178 participants in California, about 28% of the average California filer (state average ~630 per filing). Assets: $42M.

#6,642
in Finance & Insurance (8,869 peers)
+6.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Lbs Financial Credit Union Defined Benefit Pension Plan's outsized position by total assets

Lbs Financial Credit Union Defined Benefit Pension Plan vs every filed plan by assets

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

$41,922,323 Top 16% higher than 84% 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

Lbs Financial Credit Union Defined Benefit 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. Lbs Financial Credit Union Defined Benefit Pension Plan sits mid-pack in the medium band (178 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lbs Financial Credit Union Defined Benefit Pension Plan reported net income rose from -$8M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Lbs Financial Credit Union Defined Benefit Pension Plan reported participants fell from 193 in the plan year 2022 filing to 178 in the plan year 2023 filing.
  • Lbs Financial Credit Union Defined Benefit Pension Plan end-of-year assets rose from $39M in the plan year 2022 filing to $42M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 951644568 · Lbs Financial Credit Union PY 2023 · Defined Benefit (Pension)

Lbs Financial Credit Union Defined Benefit Pension Plan · $42M · 178 · 84th

  • PART $42M
  • PART 178
  • PART 84th
  • PART Defined Benefit (Pension)
  • PART near Retirement Plan for Employees of Channellock, Inc
  • PART ind #6642

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 California →

Lbs Financial Credit Union Defined Benefit Pension Plan in the asset neighbourhood

Emery Oleochemicals Retirement PlanEmery Oleochemicals Retireme…$42MPension Plan for Employees of U.S. Natural Resources and Friedrich Air Conditioning Co.Pension Plan for Employees o…$42MRetirement Plan for Employees of Channellock, IncRetirement Plan for Employee…$42MLbs Financial Credit Union Defined Benefit Pension PlanLbs Financial Credit Union D…$42MRetirement Programs of Nl Industries, Inc.Retirement Programs of Nl In…$42M
End-of-year total assets ($M) among Lbs Financial Credit Union Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$42M
Net Income$3M
Employer EIN951644568
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lbs Financial Credit Union)

Sponsor-wide plan assets over time

All Lbs Financial Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$65M 19.217639914238436% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $54.3M $64.7M ▲ +19.2%
Year Plans Participants Total Assets
2022 2 410 $54M
2023 2 400 $59M
2024 2 539 $65M

Nearby Defined Benefit (Pension) Plans in California

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

Lbs Financial Credit Union Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Lbs Financial Credit Union Defined Benefit Pension Plan, Total assets ($B): 0.041922323 · Participants: 178Lbs Financial Credit Union Defined Benefit Pension PlanKaiser Permanente Retirement Plan, Total assets ($B): 33.538817099 · Participants: 127356Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 21.40954351 · Participants: 22914Pacific Gas and Electric Company Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.980531142 · Participants: 25647Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.814691143 · Participants: 19545Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 10.057095066 · Participants: 10813Disney Salaried Pension Plan D
Lbs Financial Credit Union Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
Compare Lbs Financial Credit Union Defined Benefit Pension Plan side-by-side with 3 peers →

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

Outside California, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Employees of Channellock, Inc in PA ($42M); by covered participants it is Unitil Corporation Retirement Plan in NH (178 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (178 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 Lbs Financial Credit Union Defined Benefit Pension Plan assets move in 2023? ▼
Lbs Financial Credit Union Defined Benefit Pension Plan grew at a solid clip - up 6.9% during 2023, from $39M to $42M. Reported net income was $3M.
How have Lbs Financial Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lbs Financial Credit Union's sponsor-wide assets grew 19.2%, from $54M to $65M.
Where does Lbs Financial Credit Union Defined Benefit Pension Plan rank by assets among Form 5500 filers? ▼
Lbs Financial Credit Union Defined Benefit Pension Plan ranks in the 84th 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 Lbs Financial Credit Union Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Channellock, Inc in PA ($42M, 89 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Lbs Financial Credit Union Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Unitil Corporation Retirement Plan in NH (178 participants, $164M 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 951644568.

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.