401(k) · DOL Form 5500 · 2023

Fairmont Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
107
Participants Small participant base
48th
Percentile by assets National rank
$55,308
Avg per participant Low balance/head
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Official DOL plan name: Fairmont Federal Credit Union 401(k) Plan and Trust · Sponsored by Fairmont Federal Credit Union · West Virginia · Finance & Insurance

$6M in assets, 107 participants

Fairmont Federal Credit Union's Fairmont Federal Credit Union 401(k) Plan and Trust reported $6M in total assets and 107 participants in its 2023 DOL Form 5500 filing, ranking in the 48th 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.

  • #3,018 in Finance & Insurance (8,869 peers)

Coverage in West Virginia

Fairmont Federal Credit Union 401(k) Plan and Trust covers 107 participants in West Virginia, about 23% of the average West Virginia filer (state average ~467 per filing). Assets: $6M.

#3,018
in Finance & Insurance (8,869 peers)
+34.2%
assets growth YoY

Fairmont Federal Credit Union 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Fairmont Federal Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$5,917,928 48th percentile higher than 48% 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

Fairmont Federal Credit Union 401(k) 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. Fairmont Federal Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (107 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fairmont Federal Credit Union 401(k) Plan and Trust reported net income rose from $418K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Fairmont Federal Credit Union 401(k) Plan and Trust end-of-year assets rose from $4M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Fairmont Federal Credit Union 401(k) Plan and Trust reported participants rose from 104 in the plan year 2022 filing to 107 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 550522816 · Fairmont Federal Credit Union PY 2023 · 401(k)

Fairmont Federal Credit Union 401(k) Plan and Trust · $6M · 107 · 48th

  • VS-ST $6M
  • VS-ST 107
  • VS-ST 48th
  • VS-ST 401(k)
  • VS-ST near Great Lakes Forest Products, Inc. 401(k) Plan
  • VS-ST ind #3018

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 West Virginia →

Fairmont Federal Credit Union 401(k) Plan and Trust in the asset neighbourhood

Fairmont Federal Credit Union 401(k) Plan and TrustFairmont Federal Credit Unio…$6MGreat Lakes Forest Products, Inc. 401(k) PlanGreat Lakes Forest Products,…$6MAncora - Mep$6MNew Innovations, Inc. 401(k) PlanNew Innovations, Inc. 401(k)…$6MHint, Inc. 401(k) Plan$6M
End-of-year total assets ($M) among Fairmont Federal Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

West Virginia filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN550522816
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fairmont Federal Credit Union)

Sponsor-wide plan assets over time

All Fairmont Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$7M 55.882244899625135% vs 2022
2024 filing year
$4M$5M$6M$7M$8M 202220232024 $4.41M $6.87M ▲ +55.8%
Year Plans Participants Total Assets
2022 1 104 $4M
2023 1 107 $6M
2024 1 106 $7M

Nearby 401(k) Plans in West Virginia

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Fairmont Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in West Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Fairmont Federal Credit Union 401(k) Plan and Trust, Total assets ($B): 0.005917928 · Participants: 107Fairmont Federal Credit Union 401(k) Plan and TrustOrrick, Herrington & Sutcliffe LLP Retirement Plan, Total assets ($B): 1.063431645 · Participants: 1878Orrick, Herrington & Sutcliffe LLP Retirement PlanCamc Health System Basic Retirement Plan, Total assets ($B): 0.718819432 · Participants: 0Camc Health System Basic Retirement PlanAmerican Public Education Retirement Plan, Total assets ($B): 0.259281173 · Participants: 5728American Public Education Retirement PlanWest Virginia University Health System 401(k) Plan, Total assets ($B): 0.255241932 · Participants: 2525West Virginia University Health System 401(k) PlanUnited Bankshares, Inc. Savings and Stock Investment Plan, Total assets ($B): 0.227919168 · Participants: 2740United Bankshares, Inc. Savings and Stock Investment Plan
Fairmont Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in West Virginia, assets vs. participants
Compare Fairmont Federal Credit Union 401(k) Plan and Trust side-by-side with 3 peers →

Fairmont Federal Credit Union 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside West Virginia, the nearest 401(k) by assets is Great Lakes Forest Products, Inc. 401(k) Plan in IN ($6M); by covered participants it is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (107 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 Fairmont Federal Credit Union 401(k) Plan and Trust assets move in 2023? ▼
Fairmont Federal Credit Union 401(k) Plan and Trust surged - up 34.2% during 2023, from $4M to $6M. Reported net income was $2M.
How have Fairmont Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fairmont Federal Credit Union's sponsor-wide assets grew 55.9%, from $4M to $7M.
Which 401(k) plans are similar in size to Fairmont Federal Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Great Lakes Forest Products, Inc. 401(k) Plan in IN ($6M, 200 participants).
Which 401(k) plans cover a similar participant headcount to Fairmont Federal Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants, N/A 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 550522816.

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.