401(k) · DOL Form 5500 · 2024

Palmetto Citizens Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
295
Participants Below avg headcount
80th
Percentile by assets National rank
$118,273
Avg per participant Near avg balance/head
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Official DOL plan name: Palmetto Citizens Federal Credit Union 401(k) Plan and Trust · Sponsored by Palmetto Citizens Federal Credit Union · South Carolina · Finance & Insurance

$35M in assets, 295 participants

Palmetto Citizens Federal Credit Union's Palmetto Citizens Federal Credit Union 401(k) Plan and Trust reported $35M in total assets and 295 participants in its 2024 DOL Form 5500 filing, ranking in the 80th 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.

  • #5,822 in Finance & Insurance (8,549 peers)

Where Palmetto Citizens Federal Credit Union 401(k) Plan and Trust sits by assets

Palmetto Citizens Federal Credit Union 401(k) Plan and Trust sits in the top quartile of all filed plans by assets, $35M for 295 participants (~$118,273/participant), up 10.4% in 2024.

#5,822
in Finance & Insurance (8,549 peers)
+10.4%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Palmetto Citizens Federal Credit Union 401(k) Plan and Trust's outsized position by total assets

Palmetto Citizens 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

$34,890,492 Top 20% higher than 80% 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

Palmetto Citizens Federal Credit Union 401(k) Plan and Trust 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. Palmetto Citizens Federal Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (295 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Palmetto Citizens Federal Credit Union 401(k) Plan and Trust reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Palmetto Citizens Federal Credit Union 401(k) Plan and Trust end-of-year assets rose from $32M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • Palmetto Citizens Federal Credit Union 401(k) Plan and Trust reported participants rose from 287 in the plan year 2023 filing to 295 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 570314480 · Palmetto Citizens Federal Credit Union PY 2024 · 401(k)

Palmetto Citizens Federal Credit Union 401(k) Plan and Trust · $35M · 295 · 80th

  • EIN $35M
  • EIN 295
  • EIN 80th
  • EIN 401(k)
  • EIN near Equitrust Life Insurance Company Retirement Savings Plan
  • EIN ind #5822

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 →

Palmetto Citizens Federal Credit Union 401(k) Plan and Trust in the asset neighbourhood

Palmetto Citizens Federal Credit Union 401(k) Plan and TrustPalmetto Citizens Federal Cr…$35MEquitrust Life Insurance Company Retirement Savings PlanEquitrust Life Insurance Com…$35MBsc Companies, Inc. Savings and Profit Sharing PlanBsc Companies, Inc. Savings …$35MValco Cincinnati, Inc. 401(k) Profit Sharing PlanValco Cincinnati, Inc. 401(k…$35MSchumacher Homes, Inc. 401(k) PlanSchumacher Homes, Inc. 401(k…$35M
End-of-year total assets ($M) among Palmetto Citizens Federal Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$35M
Net Income$3M
Employer EIN570314480
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Palmetto Citizens Federal Credit Union)

Sponsor-wide plan assets over time

All Palmetto Citizens Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$35M 25.6497285010188% vs 2022
2024 filing year
$25M$30M$35M$40M 202220232024 $27.8M $34.9M ▲ +25.6%
Year Plans Participants Total Assets
2022 1 277 $28M
2023 1 287 $32M
2024 1 295 $35M

Nearby 401(k) Plans in South Carolina

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

Palmetto Citizens Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Palmetto Citizens Federal Credit Union 401(k) Plan and Trust, Total assets ($B): 0.034890492 · Participants: 295Palmetto Citizens Federal Credit Union 401(k) Plan and TrustMichelin 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
Palmetto Citizens Federal Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants

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

Outside South Carolina, the nearest 401(k) by assets is Equitrust Life Insurance Company Retirement Savings Plan in IL ($35M); by covered participants it is Sioux Falls Ford, Inc. 401(k) Plan in SD (295 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (295 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 Palmetto Citizens Federal Credit Union 401(k) Plan and Trust assets move in 2024?
Palmetto Citizens Federal Credit Union 401(k) Plan and Trust grew at a solid clip - up 10.4% during 2024, from $32M to $35M. Reported net income was $3M.
How have Palmetto Citizens Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Palmetto Citizens Federal Credit Union's sponsor-wide assets grew 25.6%, from $28M to $35M.
Where does Palmetto Citizens Federal Credit Union 401(k) Plan and Trust rank by assets among Form 5500 filers?
Palmetto Citizens Federal Credit Union 401(k) Plan and Trust ranks in the 80th 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 Palmetto Citizens Federal Credit Union 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Equitrust Life Insurance Company Retirement Savings Plan in IL ($35M, 381 participants).
Which 401(k) plans cover a similar participant headcount to Palmetto Citizens Federal Credit Union 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by covered participants is Sioux Falls Ford, Inc. 401(k) Plan in SD (295 participants, $16M in assets).