Defined Benefit (Pension) · DOL Form 5500 · 2023

Municipal Credit Union Pension Plan

Data updated 2026-08-25

$169M
Total assets Near avg plan size
187
Participants Below avg headcount
94th
Percentile by assets National rank
$905,973
Avg per participant High balance/head
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Official DOL plan name: Municipal Credit Union Defined Benefit Plan · Sponsored by Municipal Credit Union · New York · Finance & Insurance

$169M in assets, 187 participants

Municipal Credit Union's Municipal Credit Union Defined Benefit Plan reported $169M in total assets and 187 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.

  • #8,035 in Finance & Insurance (8,869 peers)

Coverage in New York

Municipal Credit Union Defined Benefit Plan covers 187 participants in New York, about 23% of the average New York filer (state average ~798 per filing). Assets: $169M.

#8,035
in Finance & Insurance (8,869 peers)
-20.8%
assets change YoY
1.7×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Municipal Credit Union Defined Benefit Plan's outsized position by total assets

Municipal Credit Union Defined Benefit Plan vs every filed plan by assets

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

$169,416,864 Top 6% higher than 94% 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

Municipal Credit Union Defined Benefit 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. Municipal Credit Union Defined Benefit Plan sits mid-pack in the medium band (187 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Municipal Credit Union Defined Benefit Plan reported net income fell from -$7M in the plan year 2022 filing to -$14M in the plan year 2023 filing.
  • Municipal Credit Union Defined Benefit Plan end-of-year assets fell from $214M in the plan year 2022 filing to $169M in the plan year 2023 filing.
  • Municipal Credit Union Defined Benefit Plan reported participants fell from 218 in the plan year 2022 filing to 187 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 135261470 · Municipal Credit Union PY 2023 · Defined Benefit (Pension)

Municipal Credit Union Defined Benefit Plan · $169M · 187 · 94th

  • EIN $169M
  • RANK 187
  • PHOTO 94th
  • IND Defined Benefit (Pension)
  • EOY near Shore Medical Center Pension Plan
  • 5500 ind #8035

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 New York →

Municipal Credit Union Defined Benefit Plan in the asset neighbourhood

Sbera Pension Plan as Adopted by Middlesex Savings BankSbera Pension Plan as Adopte…$170MAmerican Federation of Government Employees Pension PlanAmerican Federation of Gover…$169MMunicipal Credit Union Defined Benefit PlanMunicipal Credit Union Defin…$169MShore Medical Center Pension PlanShore Medical Center Pension…$169MTroutman Pepper Cash Balance PlanTroutman Pepper Cash Balance…$169M
End-of-year total assets ($M) among Municipal Credit Union Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$214M
Net Assets (End of Year)$148M
Net Income-$14M
Employer EIN135261470
Plan Effective Date1952-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Municipal Credit Union)

Sponsor-wide plan assets over time

All Municipal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$37M 83.895657913769% vs 2022
2024 filing year
$0M$100M$200M$300M 202220232024 $228M $36.7M ▼ -83.9%
Year Plans Participants Total Assets
2022 2 503 $228M
2023 2 496 $188M
2024 2 640 $37M

Nearby Defined Benefit (Pension) Plans in New York

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

Municipal Credit Union Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Municipal Credit Union Defined Benefit Plan, Total assets ($B): 0.169416864 · Participants: 187Municipal Credit Union Defined Benefit PlanIBM Personal Pension Plan, Total assets ($B): 24.955758896 · Participants: 14881IBM Personal Pension PlanConsolidated Edison Retirement Plan, Total assets ($B): 16.184377155 · Participants: 10779Consolidated Edison Retirement Plan1199seiu Health Care Employees Pension Fund, Total assets ($B): 16.16620463 · Participants: 1075821199seiu Health Care Employees Pension FundPfizer Consolidated Pension Plan, Total assets ($B): 10.955262618 · Participants: 9616Pfizer Consolidated Pension PlanPepsico Employees Retirement Plan I, Total assets ($B): 7.599669 · Participants: 12289Pepsico Employees Retirement Plan I
Municipal Credit Union Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Municipal Credit Union Defined Benefit Plan side-by-side with 3 peers →

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

Outside New York, the nearest Defined Benefit (Pension) by assets is Shore Medical Center Pension Plan in NJ ($169M); by covered participants it is Pension Plan for Employees of York Hospital in ME (187 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (187 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 Municipal Credit Union Defined Benefit Plan assets move in 2023? ▼
Municipal Credit Union Defined Benefit Plan declined sharply - down 20.8% during 2023, from $214M to $169M. Reported net income was -$14M.
How have Municipal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Municipal Credit Union's sponsor-wide assets declined 83.9%, from $228M to $37M.
Where does Municipal Credit Union Defined Benefit Plan rank by assets among Form 5500 filers? ▼
Municipal Credit Union Defined Benefit Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Municipal Credit Union Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shore Medical Center Pension Plan in NJ ($169M, 288 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Municipal Credit Union Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Employees of York Hospital in ME (187 participants, $17M 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 135261470.

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.