401(k) · DOL Form 5500 · 2024

Otero Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets: 75
Participants Small participant base: 51st
Percentile by assets National rank: $108,332
Avg per participant Below avg balance/head

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Official DOL plan name: Otero Federal Credit Union 401(k) Plan and Trust · Sponsored by Otero Federal Credit Union · New Mexico · Finance & Insurance

$8M in assets, 75 participants

Otero Federal Credit Union's Otero Federal Credit Union 401(k) Plan and Trust reported $8M in total assets and 75 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

#3,048 in Finance & Insurance (8,549 peers)

Otero Federal Credit Union multi-year trail

Otero Federal Credit Union's plans moved +13.2% in assets from 2022 to 2024; this filing shows Otero Federal Credit Union 401(k) Plan and Trust at $8M / 75 participants.

#3,048
in Finance & Insurance (8,549 peers): +13.5%
assets growth YoY

Otero Federal Credit Union 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Otero Federal Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$8,124,909 Top 49% higher than 51% 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

Otero Federal Credit Union 401(k) 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. Otero Federal Credit Union 401(k) Plan and Trust is a small filing (75 participants) on this national headcount ladder.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Otero Federal Credit Union 401(k) Plan and Trust reported net income rose from -$21K in the plan year 2023 filing to $967K in the plan year 2024 filing.
Otero Federal Credit Union 401(k) Plan and Trust end-of-year assets rose from $7M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Otero Federal Credit Union 401(k) Plan and Trust reported participants fell from 77 in the plan year 2023 filing to 75 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 850125476 · Otero Federal Credit Union PY 2024 · 401(k)

Otero Federal Credit Union 401(k) Plan and Trust · $8M · 75 · 51st

VS-ST $8M
VS-ST 75
VS-ST 51st
VS-ST 401(k)
VS-ST near The Parrott Grp Inc 401(k) Salary Reduction Pl
VS-ST ind #3048

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 New Mexico →

End-of-year total assets ($M) among Otero Federal Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Otero Federal Credit Union multi-year asset trail

Latest sponsor-wide plan assets: $8M 13.179838857964329% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	81	$7M
2023	1	77	$7M
2024	1	75	$8M

Otero Federal Credit Union filing trail (2024)

Total Assets (Beginning of Year)	$7M
Net Assets (End of Year)	$8M
Net Income	$967K
Employer EIN	850125476
Plan Effective Date	1997-01-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in New Mexico

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

Otero Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in New Mexico, assets vs. participants

Ntess Savings and Income Plan $7.2B · 15,926
Triad 401(k) Retirement Plan $2.5B · 11,744
Triad 401(k) Savings Plan $900M · 2,058
Txnm Energy, Inc. Retirement Savings Plan $827M · 1,631
Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust $648M · 2,218

Compare Otero Federal Credit Union 401(k) Plan and Trust side-by-side with 3 peers →

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

Outside New Mexico, the nearest 401(k) by assets is The Parrott Grp Inc 401(k) Salary Reduction Pl in SC ($8M); by covered participants it is Peppers Automotive Group 401(k) Plan in TN (75 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

The Parrott Grp Inc 401(k) Salary Reduction Pl (SC) $8M · 255
Flight Systems Industrial Products, Inc. 401(k) Savings Plan (PA) $8M · 111
Allison Mackenzie, Ltd. Retirement Plan (NV) $8M · 23
Nog, Inc. 401(k) Plan (WI) $8M · 69

Similar participant headcount

Nearest other-state filings by covered participants (75 participants); asset peers above are excluded.

Peppers Automotive Group 401(k) Plan (TN) 75 · 0 off
Aisle Rocket Retirement Plan (IL) 75 · 0 off
Ampco Contracting, Inc. 401(k) Prevailing Wage Plan (CA) 75 · 0 off
Bese Holding Inc 401(k) Profit Sharing Plan & Trust (MO) 75 · 0 off

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 Otero Federal Credit Union 401(k) Plan and Trust assets move in 2024? ▼

Otero Federal Credit Union 401(k) Plan and Trust grew at a solid clip - up 13.5% during 2024, from $7M to $8M. Reported net income was $967K.

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

Across 3 plan years on file (2022-2024), Otero Federal Credit Union's sponsor-wide assets grew 13.2%, from $7M to $8M.

Which 401(k) plans are similar in size to Otero Federal Credit Union 401(k) Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is The Parrott Grp Inc 401(k) Salary Reduction Pl in SC ($8M, 255 participants).

Which 401(k) plans cover a similar participant headcount to Otero Federal Credit Union 401(k) Plan and Trust? ▼

Among 401(k) plans in other states, the closest by covered participants is Peppers Automotive Group 401(k) Plan in TN (75 participants, $2M 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 850125476.