401(k) · DOL Form 5500 · 2024

University of Michigan Credit Union 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
223
Participants Below avg headcount
73rd
Percentile by assets National rank
$101,349
Avg per participant Below avg balance/head
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Official DOL plan name: University of Michigan Credit Union 401(k) Savings Plan · Sponsored by University of Michigan Credit Union · Michigan · Finance & Insurance

$23M in assets, 223 participants

University of Michigan Credit Union's University of Michigan Credit Union 401(k) Savings Plan reported $23M in total assets and 223 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.

  • #4,976 in Finance & Insurance (8,549 peers)

Coverage in Michigan

University of Michigan Credit Union 401(k) Savings Plan covers 223 participants in Michigan, about 35% of the average Michigan filer (state average ~638 per filing). Assets: $23M.

#4,976
in Finance & Insurance (8,549 peers)
+23.2%
assets growth YoY

University of Michigan Credit Union 401(k) Savings Plan's outsized position by total assets

University of Michigan Credit Union 401(k) Savings Plan vs every filed plan by assets

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

$22,600,905 Top 27% higher than 73% 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

University of Michigan Credit Union 401(k) Savings 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. University of Michigan Credit Union 401(k) Savings Plan sits mid-pack in the medium band (223 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • University of Michigan Credit Union 401(k) Savings Plan reported net income rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • University of Michigan Credit Union 401(k) Savings Plan end-of-year assets rose from $18M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • University of Michigan Credit Union 401(k) Savings Plan reported participants rose from 191 in the plan year 2023 filing to 223 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 381464920 · University of Michigan Credit Union PY 2024 · 401(k)

University of Michigan Credit Union 401(k) Savings Plan · $23M · 223 · 73rd

  • PART $23M
  • TYPE 223
  • NET 73rd
  • BOOK 401(k)
  • VS-ST near North American Hoganas Union 401(k) Plan
  • BOY ind #4976

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 Michigan →

University of Michigan Credit Union 401(k) Savings Plan in the asset neighbourhood

University of Michigan Credit Union 401(k) Savings PlanUniversity of Michigan Credi…$23MNorth American Hoganas Union 401(k) PlanNorth American Hoganas Union…$23MJim S. Adler & Assoc. 401(k) Retirement PlanJim S. Adler & Assoc. 401(k)…$23MSt. Luke's Cataract and Laser Institute 401(k) PlanSt. Luke's Cataract and Lase…$23MSamson Electric, Inc. Profit Sharing Plan and TrustSamson Electric, Inc. Profit…$23M
End-of-year total assets ($M) among University of Michigan Credit Union 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN381464920
Plan Effective Date1998-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (University of Michigan Credit Union)

Sponsor-wide plan assets over time

All University of Michigan Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$23M 41.92949313041662% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $15.9M $22.6M ▲ +42.0%
Year Plans Participants Total Assets
2022 1 181 $16M
2023 1 191 $18M
2024 1 223 $23M

Nearby 401(k) Plans in Michigan

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

University of Michigan Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants University of Michigan Credit Union 401(k) Savings Plan, Total assets ($B): 0.022600905 · Participants: 223University of Michigan Credit Union 401(k) Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
University of Michigan Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

University of Michigan Credit Union 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is North American Hoganas Union 401(k) Plan in PA ($23M); by covered participants it is Adaptimmune LLC Retirement Plan in PA (223 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (223 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 University of Michigan Credit Union 401(k) Savings Plan assets move in 2024?
University of Michigan Credit Union 401(k) Savings Plan grew sharply - up 23.2% during 2024, from $18M to $23M. Reported net income was $4M.
How have University of Michigan Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), University of Michigan Credit Union's sponsor-wide assets grew 41.9%, from $16M to $23M.
Which 401(k) plans are similar in size to University of Michigan Credit Union 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is North American Hoganas Union 401(k) Plan in PA ($23M, 198 participants).
Which 401(k) plans cover a similar participant headcount to University of Michigan Credit Union 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Adaptimmune LLC Retirement Plan in PA (223 participants, $28M in assets).