401(k) · DOL Form 5500 · 2024

Workers Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
325
Participants Below avg headcount
83rd
Percentile by assets National rank
$137,941
Avg per participant Near avg balance/head
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Official DOL plan name: Workers Federal Credit Union 401(k) Retirement Plan · Sponsored by Workers Federal Credit Union · Massachusetts · Finance & Insurance

$45M in assets, 325 participants

Workers Federal Credit Union's Workers Federal Credit Union 401(k) Retirement Plan reported $45M in total assets and 325 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #6,281 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Workers Federal Credit Union 401(k) Retirement Plan covers 325 participants in Massachusetts, about 49% of the average Massachusetts filer (state average ~659 per filing). Assets: $45M.

#6,281
in Finance & Insurance (8,549 peers)
+9.3%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Workers Federal Credit Union 401(k) Retirement Plan's outsized position by total assets

Workers Federal Credit Union 401(k) Retirement Plan vs every filed plan by assets

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

$44,830,983 Top 17% higher than 83% 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

Workers Federal Credit Union 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Workers Federal Credit Union 401(k) Retirement Plan sits mid-pack in the medium band (325 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Workers Federal Credit Union 401(k) Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Workers Federal Credit Union 401(k) Retirement Plan reported participants fell from 362 in the plan year 2023 filing to 325 in the plan year 2024 filing.
  • Workers Federal Credit Union 401(k) Retirement Plan end-of-year assets rose from $41M in the plan year 2023 filing to $45M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 042079901 · Workers Federal Credit Union PY 2024 · 401(k)

Workers Federal Credit Union 401(k) Retirement Plan · $45M · 325 · 83rd

  • PART $45M
  • PART 325
  • PART 83rd
  • PART 401(k)
  • PART near Apex Analytix 401(k) Profit Sharing Plan
  • PART ind #6281

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 →

Workers Federal Credit Union 401(k) Retirement Plan in the asset neighbourhood

Community Care Partners Retirement Savings PlanCommunity Care Partners Reti…$45MWorkers Federal Credit Union 401(k) Retirement PlanWorkers Federal Credit Union…$45MApex Analytix 401(k) Profit Sharing PlanApex Analytix 401(k) Profit …$45MBullis School 401(k) Plan$45MSpringbrook Employees 401(k) PlanSpringbrook Employees 401(k)…$45M
End-of-year total assets ($M) among Workers Federal Credit Union 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$45M
Net Income$4M
Employer EIN042079901
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Workers Federal Credit Union)

Sponsor-wide plan assets over time

All Workers Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$45M 15.884183393982282% vs 2022
2024 filing year
$38M$40M$42M$44M$46M 202220232024 $38.7M $44.8M ▲ +15.9%
Year Plans Participants Total Assets
2022 1 325 $39M
2023 1 362 $41M
2024 1 325 $45M

Nearby 401(k) Plans in Massachusetts

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

Workers Federal Credit Union 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Workers Federal Credit Union 401(k) Retirement Plan, Total assets ($B): 0.044830983 · Participants: 325Workers Federal Credit Union 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Workers Federal Credit Union 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Workers Federal Credit Union 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Apex Analytix 401(k) Profit Sharing Plan in NC ($45M); by covered participants it is Falconwood, Inc. 401(k) Profit in VA (325 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($45M here).

Similar participant headcount

Nearest other-state filings by covered participants (325 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 Workers Federal Credit Union 401(k) Retirement Plan assets move in 2024? ▼
Workers Federal Credit Union 401(k) Retirement Plan grew at a solid clip - up 9.3% during 2024, from $41M to $45M. Reported net income was $4M.
How have Workers Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Workers Federal Credit Union's sponsor-wide assets grew 15.9%, from $39M to $45M.
Where does Workers Federal Credit Union 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Workers Federal Credit Union 401(k) Retirement Plan ranks in the 83rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Workers Federal Credit Union 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apex Analytix 401(k) Profit Sharing Plan in NC ($45M, 298 participants).
Which 401(k) plans cover a similar participant headcount to Workers Federal Credit Union 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Falconwood, Inc. 401(k) Profit in VA (325 participants, $29M 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 042079901.

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.