Defined Benefit (Pension) · DOL Form 5500 · 2024

The People's Credit Union Pension Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
34
Participants Small participant base
64th
Percentile by assets National rank
$430,668
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The People's Credit Union Defined Benefit Plan and Trust · Sponsored by The People's Credit Union · Rhode Island · Finance & Insurance

$15M in assets, 34 participants

The People's Credit Union's The People's Credit Union Defined Benefit Plan and Trust reported $15M in total assets and 34 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,108 in Finance & Insurance (8,549 peers)

The People's Credit Union multi-year trail

The People's Credit Union's plans moved +18.8% in assets from 2022 to 2024; this filing shows The People's Credit Union Defined Benefit Plan and Trust at $15M / 34 participants.

#4,108
in Finance & Insurance (8,549 peers)
+4.2%
assets growth YoY

The People's Credit Union Defined Benefit Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

The People's Credit Union Defined Benefit Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$14,642,710 Top 36% higher than 64% of 123,620 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 2024

The People's Credit Union Defined Benefit Plan and Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The People's Credit Union Defined Benefit Plan and Trust is a small filing (34 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The People's Credit Union Defined Benefit Plan and Trust reported net income fell from $1M in the plan year 2023 filing to $586K in the plan year 2024 filing.
  • The People's Credit Union Defined Benefit Plan and Trust reported participants fell from 36 in the plan year 2023 filing to 34 in the plan year 2024 filing.
  • The People's Credit Union Defined Benefit Plan and Trust end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 050198580 · The People's Credit Union PY 2024 · Defined Benefit (Pension)

The People's Credit Union Defined Benefit Plan and Trust · $15M · 34 · 64th

  • EBSA $15M
  • PART 34
  • TYPE 64th
  • NET Defined Benefit (Pension)
  • BOOK near Farmers and Merchants Trust Company of Chambersburg Pension Plan
  • VS-ST ind #4108

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 Rhode Island →

The People's Credit Union Defined Benefit Plan and Trust in the asset neighbourhood

Roofers Local No. 75 Pension FundRoofers Local No. 75 Pension…$15MPublic Service Communications, Inc. Retirement PlanPublic Service Communication…$15MFarmers and Merchants Trust Company of Chambersburg Pension PlanFarmers and Merchants Trust …$15MThe People's Credit Union Defined Benefit Plan and TrustThe People's Credit Union De…$15MSbera Pension Plan as Adopted by Washington Savings BankSbera Pension Plan as Adopte…$15M
End-of-year total assets ($M) among The People's Credit Union Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

The People's Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All The People's Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$29M 18.798720519739387% vs 2022
2024 filing year
$24M$26M$28M$30M 202220232024 $24.8M $29.4M ▲ +18.8%
Year Plans Participants Total Assets
2022 2 153 $25M
2023 2 151 $28M
2024 2 153 $29M

The People's Credit Union filing trail (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$586K
Employer EIN050198580
Plan Effective Date1962-04-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Rhode Island

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

The People's Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants The People's Credit Union Defined Benefit Plan and Trust, Total assets ($B): 0.01464271 · Participants: 34The People's Credit Union Defined Benefit Plan and TrustThe Bank of America Pension Plan, Total assets ($B): 19.041232839 · Participants: 53831The Bank of America Pension PlanTextron Master Retirement Plan, Total assets ($B): 5.458240388 · Participants: 6888Textron Master Retirement PlanFactory Mutual Insurance Company Pension Plan, Total assets ($B): 3.028187818 · Participants: 3656Factory Mutual Insurance Company Pension PlanBell Helicopter Textron Master Retirement Plan, Total assets ($B): 2.329548169 · Participants: 2671Bell Helicopter Textron Master Retirement PlanAmica Pension Fund, Total assets ($B): 1.66403358 · Participants: 2172Amica Pension Fund
The People's Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Rhode Island, assets vs. participants
Compare The People's Credit Union Defined Benefit Plan and Trust side-by-side with 3 peers →

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

Outside Rhode Island, the nearest Defined Benefit (Pension) by assets is Farmers and Merchants Trust Company of Chambersburg Pension Plan in PA ($15M); by covered participants it is Vizient Retirement Plan in TX (34 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (34 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The People's Credit Union Defined Benefit Plan and Trust assets move in 2024? ▼
The People's Credit Union Defined Benefit Plan and Trust edged up modestly - up 4.2% during 2024, from $14M to $15M. Reported net income was $586K.
How have The People's Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The People's Credit Union's sponsor-wide assets grew 18.8%, from $25M to $29M.
Which Defined Benefit (Pension) plans are similar in size to The People's Credit Union Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Farmers and Merchants Trust Company of Chambersburg Pension Plan in PA ($15M, 45 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The People's Credit Union Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Vizient Retirement Plan in TX (34 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 050198580.

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.