401(k) · DOL Form 5500 · 2024

Spero Financial Federal Credit Union 401(k) Plan

Data updated 2026-08-11

$23M
Total assets: 162
Participants: 73rd
Percentile by assets: $139,891
Avg per participant

Official DOL plan name: Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan · Sponsored by Spero Financial Federal Credit Union · South Carolina · Finance & Insurance

$23M in assets, 162 participants

Spero Financial Federal Credit Union's Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan reported $23M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

73rd percentile by assets (of 123,622 plans)
#4,979 in Finance & Insurance (8,549 peers)

Coverage in South Carolina

Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan covers 162 participants in South Carolina, about 44% of the average South Carolina filer (state average ~369 per filing). Assets: $23M.

$23M
total plan assets (2024 EOY): 162
covered participants: 73rd
percentile by assets (of 123,622 plans): $139,891
avg assets per participant

Where Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan sits by total assets

Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan vs every filed plan by assets

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

$22,662,337 Top 27% higher than 73% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan end-of-year assets rose from $20M in the plan year 2023 filing to $23M in the plan year 2024 filing.
Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan reported participants rose from 148 in the plan year 2023 filing to 162 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

South Carolina

Industry

Finance & Insurance

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan reports 162 participants - about 44% of that state average ($23M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)	$20M
Net Assets (End of Year)	$23M
Net Income	$3M
Employer EIN	570310635
Plan Effective Date	1997-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Spero Financial Federal Credit Union)

Total plan assets by year, all Spero Financial Federal Credit Union plans on file

Year	Plans	Participants	Total Assets
2022	1	142	$16M
2023	1	148	$20M
2024	1	162	$23M

Nearby 401(k) Plans in South Carolina

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

Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Michelin 401(k) Savings Plan $4.5B · 15,095
The Savannah River Nuclear Solutions, LLC Defined Contribution Plan $2.8B · 9,296
Sonoco Retirement & Savings Plan $1.7B · 11,813
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan $1.5B · 11,878
The Milliken Retirement Plan $1.4B · 5,733

Compare Spero Financial Federal Credit Union 401… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan by total assets, not by location.

Harold Brothers Mechanical 401(k) Plan (MA) $23M · 287
Newage Industries, Inc. 401(k) Plan (PA) $23M · 257
Fred Martin Motor Company 401(k) Profit Sharing Plan & Trust (OH) $23M · 295
Mutual Drug 401(k) Plan (NC) $23M · 99

Frequently Asked Questions

How did Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan assets move in 2024? ▼

Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan grew at a solid clip - up 14.2% during 2024, from $20M to $23M. Reported net income was $3M.

How have Spero Financial Federal Credit Union plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Spero Financial Federal Credit Union's sponsor-wide assets grew 41.7%, from $16M to $23M.

Which 401(k) plans are similar in size to Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Harold Brothers Mechanical 401(k) Plan in MA ($23M, 287 participants).

Next read for Spero Financial Federal Credit Union 401…

Filing takeaways

Ways to act on Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan's numbers.

By total assets, Spero Financial Federal Credit Union 401(k)/Profit Sharing Plan ranks above the median plan by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in South Carolina. Compare plans
Spero Financial Federal Credit Union's sponsor-wide assets have grown 41.7% 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 570310635.