Defined Benefit (Pension) · DOL Form 5500 · 2023

Central One Federal Credit Union Pension Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
102
Participants Small participant base
73rd
Percentile by assets National rank
$204,946
Avg per participant Above avg balance/head
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Official DOL plan name: Cofcu Cash Balance Defined Benefit Plan and Trust · Sponsored by Central One Federal Credit Union · Massachusetts · Finance & Insurance

$21M in assets, 102 participants

Central One Federal Credit Union's Cofcu Cash Balance Defined Benefit Plan and Trust reported $21M in total assets and 102 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.

  • #5,341 in Finance & Insurance (8,869 peers)

Coverage in Massachusetts

Cofcu Cash Balance Defined Benefit Plan and Trust covers 102 participants in Massachusetts, about 15% of the average Massachusetts filer (state average ~659 per filing). Assets: $21M.

#5,341
in Finance & Insurance (8,869 peers)
+12.3%
assets growth YoY

Cofcu Cash Balance Defined Benefit Plan and Trust's outsized position by total assets

Cofcu Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$20,904,521 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

Cofcu 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. Cofcu Cash Balance Defined Benefit Plan and Trust sits mid-pack in the medium band (102 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Cofcu Cash Balance Defined Benefit Plan and Trust reported net income rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Cofcu Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $19M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Cofcu Cash Balance Defined Benefit Plan and Trust reported participants fell from 106 in the plan year 2022 filing to 102 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 042158611 · Central One Federal Credit Union PY 2023 · Defined Benefit (Pension)

Cofcu Cash Balance Defined Benefit Plan and Trust · $21M · 102 · 73rd

  • PART $21M
  • TYPE 102
  • NET 73rd
  • BOOK Defined Benefit (Pension)
  • VS-ST near Summit Credit Union Retirement Pension Plan
  • BOY ind #5341

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 Massachusetts →

Cofcu Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

Retirement Plan for Employees of Tishomingo County Electric Power AssociationRetirement Plan for Employee…$21MSummit Credit Union Retirement Pension PlanSummit Credit Union Retireme…$21MCofcu Cash Balance Defined Benefit Plan and TrustCofcu Cash Balance Defined B…$21MHarrisonville Telephone Company Retirement Plan for Management EmployeesHarrisonville Telephone Comp…$21MLocal 837 Pension Plan$21M
End-of-year total assets ($M) among Cofcu Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN042158611
Plan Effective Date1964-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central One Federal Credit Union)

Sponsor-wide plan assets over time

All Central One Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$44M 31.79662808094156% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $33.3M $43.9M ▲ +31.8%
Year Plans Participants Total Assets
2022 2 227 $33M
2023 2 221 $39M
2024 2 244 $44M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Cofcu Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Cofcu Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.020904521 · Participants: 102Cofcu Cash Balance Defined Benefit Plan and TrustConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 10.325856564 · Participants: 58745Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.092299586 · Participants: 21786New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.892259637 · Participants: 37145Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.381626447 · Participants: 11888Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 4.973349354 · Participants: 17166N. Atlantic States Carp. Pension Fund
Cofcu Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Cofcu Cash Balance Defined Benefit Plan and Trust side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Summit Credit Union Retirement Pension Plan in WI ($21M); by covered participants it is Cancer Partners of Nebraska Cash Balance Plan in NE (102 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (102 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 Cofcu Cash Balance Defined Benefit Plan and Trust assets move in 2023? ▼
Cofcu Cash Balance Defined Benefit Plan and Trust grew at a solid clip - up 12.3% during 2023, from $19M to $21M. Reported net income was $2M.
How have Central One Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central One Federal Credit Union's sponsor-wide assets grew 31.8%, from $33M to $44M.
Which Defined Benefit (Pension) plans are similar in size to Cofcu Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Summit Credit Union Retirement Pension Plan in WI ($21M, 662 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cofcu Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cancer Partners of Nebraska Cash Balance Plan in NE (102 participants, $12M 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 042158611.

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.