401(k) · DOL Form 5500 · 2024

Founders Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$138M
Total assets Near avg plan size
822
Participants Near avg headcount
92nd
Percentile by assets National rank
$168,121
Avg per participant Above avg balance/head
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Official DOL plan name: Founders Federal Credit Union Defined Contribution Plan · Sponsored by Founders Federal Credit Union · South Carolina · Finance & Insurance

$138M in assets, 822 participants

Founders Federal Credit Union's Founders Federal Credit Union Defined Contribution Plan reported $138M in total assets and 822 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,536 in Finance & Insurance (8,549 peers)

Coverage in South Carolina

Founders Federal Credit Union Defined Contribution Plan covers 822 participants in South Carolina, 2.2x the typical South Carolina plan (state average ~369 per filing). Assets: $138M.

#7,536
in Finance & Insurance (8,549 peers)
+11.4%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Founders Federal Credit Union Defined Contribution Plan's outsized position by total assets

Founders Federal Credit Union Defined Contribution Plan vs every filed plan by assets

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

$138,195,657 Top 8% higher than 92% 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

Founders Federal Credit Union Defined Contribution 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. Founders Federal Credit Union Defined Contribution Plan sits mid-pack in the medium band (822 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Founders Federal Credit Union Defined Contribution Plan end-of-year assets rose from $124M in the plan year 2023 filing to $138M in the plan year 2024 filing.
  • Founders Federal Credit Union Defined Contribution Plan reported participants rose from 765 in the plan year 2023 filing to 822 in the plan year 2024 filing.
  • Founders Federal Credit Union Defined Contribution Plan reported net income fell from $15M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 570762987 · Founders Federal Credit Union PY 2024 · 401(k)

Founders Federal Credit Union Defined Contribution Plan · $138M · 822 · 92nd

  • ASSETS $138M
  • ASSETS 822
  • ASSETS 92nd
  • ASSETS 401(k)
  • ASSETS near Life and Specialty Ventures, LLC 401(k) Plan
  • ASSETS ind #7536

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 South Carolina →

Founders Federal Credit Union Defined Contribution Plan in the asset neighbourhood

Miller & Martin Profit Sharing PlanMiller & Martin Profit Shari…$138MFounders Federal Credit Union Defined Contribution PlanFounders Federal Credit Unio…$138MLife and Specialty Ventures, LLC 401(k) PlanLife and Specialty Ventures,…$138MStella-Jones Corporation Retirement PlanStella-Jones Corporation Ret…$138MEssex Portfolio L.P. 401(k) PlanEssex Portfolio L.P. 401(k) …$138M
End-of-year total assets ($M) among Founders Federal Credit Union Defined Contribution Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

South Carolina filing particulars

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$138M
Net Income$14M
Employer EIN570762987
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Founders Federal Credit Union)

Sponsor-wide plan assets over time

All Founders Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$138M 26.233305497497117% vs 2022
2024 filing year
$100M$110M$120M$130M$140M$150M 202220232024 $109M $138M ▲ +26.2%
Year Plans Participants Total Assets
2022 1 692 $109M
2023 1 765 $124M
2024 1 822 $138M

Nearby 401(k) Plans in South Carolina

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

Founders Federal Credit Union Defined Contribution Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 05000100001500020000 -1012345 Total assets ($B) Participants Founders Federal Credit Union Defined Contribution Plan, Total assets ($B): 0.138195657 · Participants: 822Founders Federal Credit Union Defined Contribution PlanMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Founders Federal Credit Union Defined Contribution Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Founders Federal Credit Union Defined Contribution Plan's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Life and Specialty Ventures, LLC 401(k) Plan in AR ($138M); by covered participants it is Starling Physicians, P. C. 401(k) Savings Plan in CT (822 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($138M here).

Similar participant headcount

Nearest other-state filings by covered participants (822 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 Founders Federal Credit Union Defined Contribution Plan assets move in 2024?
Founders Federal Credit Union Defined Contribution Plan grew at a solid clip - up 11.4% during 2024, from $124M to $138M. Reported net income was $14M.
How have Founders Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Founders Federal Credit Union's sponsor-wide assets grew 26.2%, from $109M to $138M.
Where does Founders Federal Credit Union Defined Contribution Plan rank by assets among Form 5500 filers?
Founders Federal Credit Union Defined Contribution Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Founders Federal Credit Union Defined Contribution Plan?
Among 401(k) plans in other states, the closest by assets is Life and Specialty Ventures, LLC 401(k) Plan in AR ($138M, 620 participants).
Which 401(k) plans cover a similar participant headcount to Founders Federal Credit Union Defined Contribution Plan?
Among 401(k) plans in other states, the closest by covered participants is Starling Physicians, P. C. 401(k) Savings Plan in CT (822 participants, N/A in assets).