Money Purchase · DOL Form 5500 · 2024
Charter Oak Federal Credit Union Money Purchase Plan
Data updated 2026-08-06
- $4M
- Total assets
- 133
- Participants
- 39th
- Percentile by assets
- $31,633
- Avg per participant
Official DOL plan name: Charter Oak Federal Credit Union Retirement Plan for Union Employees · Sponsored by Charter Oak Federal Credit Union · Connecticut · Finance & Insurance
$4M in assets, 133 participants
Charter Oak Federal Credit Union's Charter Oak Federal Credit Union Retirement Plan for Union Employees reported $4M in total assets and 133 participants in its 2024 DOL Form 5500 filing, ranking in the 39th 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.
- 39th percentile by assets (of 116,472 plans)
- #2,138 in Finance & Insurance (8,240 peers)
Coverage in Connecticut
Charter Oak Federal Credit Union Retirement Plan for Union Employees covers 133 participants in Connecticut, about 18% of the average Connecticut filer (state average ~740 per filing). Assets: $4M.
- $4M
- total plan assets (2024 EOY)
- 133
- covered participants
- 39th
- percentile by assets (of 116,472 plans)
- $31,633
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Charter Oak Federal Credit Union Retirement Plan for Union Employees reported net income fell from $611K in the plan year 2023 filing to $117K in the plan year 2024 filing.
- Charter Oak Federal Credit Union Retirement Plan for Union Employees reported participants fell from 145 in the plan year 2023 filing to 133 in the plan year 2024 filing.
- Charter Oak Federal Credit Union Retirement Plan for Union Employees end-of-year assets rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Participants vs Connecticut filers
In Connecticut, the average filing covers about 740 participants across 1,756 plans. Charter Oak Federal Credit Union Retirement Plan for Union Employees reports 133 participants - about 18% of that state average ($4M EOY assets).
Connecticut filing particulars
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $4M |
| Net Income | $117K |
| Employer EIN | 060659509 |
| Plan Effective Date | 1956-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Charter Oak Federal Credit Union)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 310 | $33M |
| 2023 | 2 | 311 | $37M |
| 2024 | 2 | 302 | $39M |
Nearby Money Purchase Plans in Connecticut
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Charter Oak Federal Credit Union Retirement Plan for Union Employees vs. nearby Money Purchase plans in Connecticut, assets vs. participants
- New England Electrical Workers Money Purchase Plan and Trust $870M · 9,637
- Equinor US Holdings Inc. Money Purchase Pension Plan $200M · 683
- Southern Ct IBEW Annuity Plan $86M · 477
- Money Purchase Retirement Plan of U.a. Local 716 $37M · 340
- IBEW Local No. 223 Deferred Income Plan $30M · 631
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Charter Oak Federal Credit Union Retirement Plan for Union Employees by total assets, not by location.
Frequently Asked Questions
How did Charter Oak Federal Credit Union Retirement Plan for Union Employees assets move in 2024? ▼
How have Charter Oak Federal Credit Union plan assets changed over time? ▼
Which Money Purchase plans are similar in size to Charter Oak Federal Credit Union Retirement Plan for Union Employees? ▼
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Filing takeaways
Ways to act on Charter Oak Federal Credit Union Retirement Plan for Union Employees's numbers.
- By total assets, Charter Oak Federal Credit Union Retirement Plan for Union Employees ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in Connecticut. Compare plans
- Charter Oak Federal Credit Union's sponsor-wide assets have grown 17.9% since 2022 across 3 plan years on file. More Finance & Insurance plans