Defined Benefit (Pension) · DOL Form 5500 · 2023

Power Financial Credit Union Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
50
Participants Small participant base
73rd
Percentile by assets National rank
$415,953
Avg per participant High balance/head
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Official DOL plan name: The Retirement Plan of Power Financial Credit Union · Sponsored by Power Financial Credit Union · Florida · Finance & Insurance

$21M in assets, 50 participants

Power Financial Credit Union's The Retirement Plan of Power Financial Credit Union reported $21M in total assets and 50 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,330 in Finance & Insurance (8,869 peers)

Power Financial Credit Union multi-year trail

Power Financial Credit Union's plans moved +22.3% in assets from 2022 to 2024; this filing shows The Retirement Plan of Power Financial Credit Union at $21M / 50 participants.

#5,330
in Finance & Insurance (8,869 peers)
+8.2%
assets growth YoY

The Retirement Plan of Power Financial Credit Union's outsized position by total assets

The Retirement Plan of Power Financial Credit Union vs every filed plan by assets

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

$20,797,629 Top 27% higher than 73% 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

The Retirement Plan of Power Financial Credit Union among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Retirement Plan of Power Financial Credit Union is a small filing (50 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Retirement Plan of Power Financial Credit Union reported net income rose from $571K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • The Retirement Plan of Power Financial Credit Union end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • The Retirement Plan of Power Financial Credit Union reported participants fell from 53 in the plan year 2022 filing to 50 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 590690962 · Power Financial Credit Union PY 2023 · Defined Benefit (Pension)

The Retirement Plan of Power Financial Credit Union · $21M · 50 · 73rd

  • PHOTO $21M
  • IND 50
  • EOY 73rd
  • 5500 Defined Benefit (Pension)
  • ASSETS near Hunter Fan Company Pension Plan
  • PCT ind #5330

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 Florida →

The Retirement Plan of Power Financial Credit Union in the asset neighbourhood

Arvos Ljungstrom LLC Pension Plan for Hourly EmployeesArvos Ljungstrom LLC Pension…$21MThe Retirement Plan of Power Financial Credit UnionThe Retirement Plan of Power…$21MHunter Fan Company Pension PlanHunter Fan Company Pension P…$21MFactory Pension Plan of Danfoss Power Solutions(Lasalle) and Intl Union, United Automobile, Aerospace and Agric Wkers of Am Local Union 28Factory Pension Plan of Danf…$21MFirst State Bank of Uvalde Retirement PlanFirst State Bank of Uvalde R…$21M
End-of-year total assets ($M) among The Retirement Plan of Power Financial Credit Union and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Power Financial Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All Power Financial Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$40M 22.26550977891381% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $33M $40.3M ▲ +22.3%
Year Plans Participants Total Assets
2022 2 182 $33M
2023 2 181 $36M
2024 2 183 $40M

Power Financial Credit Union filing trail (2023)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN590690962
Plan Effective Date1963-03-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Florida

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

The Retirement Plan of Power Financial Credit Union vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -20246810 Total assets ($B) Participants The Retirement Plan of Power Financial Credit Union, Total assets ($B): 0.020797629 · Participants: 50The Retirement Plan of Power Financial Credit UnionL3harris Technologies Consolidated Pension Plan, Total assets ($B): 7.749240033 · Participants: 4676L3harris Technologies Consolidated Pension PlanNextera Energy, Inc. Employee Pension Plan, Total assets ($B): 5.124263985 · Participants: 13121Nextera Energy, Inc. Employee Pension PlanCsx Pension Plan, Total assets ($B): 2.367781795 · Participants: 2446Csx Pension PlanRetirement Accumulation Plan for Partners of Pwc, Total assets ($B): 2.24071421 · Participants: 3967Retirement Accumulation Plan for Partners of PwcRetirement Benefit Accumulation Plan for Employees of Pwc, Total assets ($B): 1.916753026 · Participants: 5514Retirement Benefit Accumulation Plan for Employees of Pwc
The Retirement Plan of Power Financial Credit Union vs. nearby Defined Benefit (Pension) plans in Florida, assets vs. participants
Compare The Retirement Plan of Power Financial Credit Union side-by-side with 3 peers →

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

Outside Florida, the nearest Defined Benefit (Pension) by assets is Hunter Fan Company Pension Plan in TN ($21M); by covered participants it is Meadville Forging Company Uswa Pension Plan in PA (50 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (50 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 The Retirement Plan of Power Financial Credit Union assets move in 2023? ▼
The Retirement Plan of Power Financial Credit Union grew at a solid clip - up 8.2% during 2023, from $19M to $21M. Reported net income was $2M.
How have Power Financial Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Power Financial Credit Union's sponsor-wide assets grew 22.3%, from $33M to $40M.
Which Defined Benefit (Pension) plans are similar in size to The Retirement Plan of Power Financial Credit Union? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hunter Fan Company Pension Plan in TN ($21M, 23 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Retirement Plan of Power Financial Credit Union? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Meadville Forging Company Uswa Pension Plan in PA (50 participants, $14M 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 590690962.

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.