Defined Benefit (Pension) · DOL Form 5500 · 2024

The People's Credit Union Pension Plan

Data updated 2026-08-11

$15M
Total assets
34
Participants
64th
Percentile by assets
$430,668
Avg per participant
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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.

  • 64th percentile by assets (of 123,622 plans)
  • #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.

$15M
total plan assets (2024 EOY)
34
covered participants
64th
percentile by assets (of 123,622 plans)
$430,668
avg assets per participant

Where The People's Credit Union Defined Benefit Plan and Trust sits by total assets

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 $2,010,000,000 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

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 →

State
Rhode Island
Industry
Finance & Insurance

The People's Credit Union across 3 plan years on file

Across the 3 plan years The People's Credit Union has on file (2022-2024), sponsor-wide plan assets have moved from $25M to $29M, a gain of 18.8%, while reported participants moved from 153 to 153 (+0.0%). Peak year by sponsor assets: 2024 ($29M); trough: 2022 ($25M).

The People's Credit Union multi-year asset trail

$24M$26M$28M$30M 202220232024 $24.8M $29.4M ▲ +18.8%
Total plan assets by year, all The People's Credit Union plans on file
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 ($B) Participants The People's Credit …, Total assets ($B): 0.01464271 · Participants: 34The People's Credit …The Bank of America …, Total assets ($B): 19.041232839 · Participants: 53831The Bank of America …Textron Master Retir…, Total assets ($B): 5.458240388 · Participants: 6888Textron Master Retir…Factory Mutual Insur…, Total assets ($B): 3.028187818 · Participants: 3656Factory Mutual Insur…Bell Helicopter Text…, Total assets ($B): 2.329548169 · Participants: 2671Bell Helicopter Text…Amica 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 Benefi… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to The People's Credit Union Defined Benefit Plan and Trust by total assets, not by location.

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).

Next read for The People's Credit Union Defined Benefi…

Multi-year trail

Ways to act on The People's Credit Union Defined Benefit Plan and Trust's numbers.

  • By total assets, The People's Credit Union Defined Benefit Plan and Trust ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Rhode Island. Compare plans
  • The People's Credit Union's sponsor-wide assets have grown 18.8% since 2022 across 3 plan years on file. More Finance & Insurance plans

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.