Money Purchase · DOL Form 5500 · 2024
Redwood Credit Union Money Purchase Plan
Data updated 2026-08-06
- $36M
- Total assets
- 111
- Participants
- 80th
- Percentile by assets
- $325,377
- Avg per participant
Official DOL plan name: Redwood Credit Union Target Benefit Plan · Sponsored by Redwood Credit Union · California · Finance & Insurance
$36M in assets, 111 participants
Redwood Credit Union's Redwood Credit Union Target Benefit Plan reported $36M in total assets and 111 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.
- 80th percentile by assets (of 116,472 plans)
- #5,691 in Finance & Insurance (8,240 peers)
Coverage in California
Redwood Credit Union Target Benefit Plan covers 111 participants in California, about 17% of the average California filer (state average ~637 per filing). Assets: $36M.
- $36M
- total plan assets (2024 EOY)
- 111
- covered participants
- 80th
- percentile by assets (of 116,472 plans)
- $325,377
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Redwood Credit Union Target Benefit Plan reported net income fell from $6M in the plan year 2023 filing to $3M in the plan year 2024 filing.
- Redwood Credit Union Target Benefit Plan end-of-year assets rose from $33M in the plan year 2023 filing to $36M in the plan year 2024 filing.
- Redwood Credit Union Target Benefit Plan reported participants fell from 117 in the plan year 2023 filing to 111 in the plan year 2024 filing.
Participants vs California filers
In California, the average filing covers about 637 participants across 14,392 plans. Redwood Credit Union Target Benefit Plan reports 111 participants - about 17% of that state average ($36M EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $33M |
|---|---|
| Net Assets (End of Year) | $36M |
| Net Income | $3M |
| Employer EIN | 941244186 |
| Plan Effective Date | 1990-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Redwood Credit Union)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 818 | $94M |
| 2023 | 2 | 859 | $121M |
| 2024 | 2 | 946 | $140M |
Nearby Money Purchase Plans in California
Peer Money Purchase plans, same state, same plan type, ranked by total assets.
Redwood Credit Union Target Benefit Plan vs. nearby Money Purchase plans in California, assets vs. participants
- The Permanente Contribution Plan of the Permanente Medical Group, Inc. $7.9B · 18,550
- Kaiser Permanente Supplemental Savings and Retirement Plan $5.7B · 37,013
- University of Southern California Defined Contribution Retirement Plan $5.0B · 19,806
- Directors Guild of America - Producer Pension Plan Supplemental Benefit Plan $2.3B · 23,032
- Scripps Health Retirement Savings Plan $1.3B · 16,148
Similar-Sized Money Purchase Plans Nationally
Money Purchase plans in other states closest to Redwood Credit Union Target Benefit Plan by total assets, not by location.
Frequently Asked Questions
How did Redwood Credit Union Target Benefit Plan assets move in 2024? ▼
How have Redwood Credit Union plan assets changed over time? ▼
Where does Redwood Credit Union Target Benefit Plan rank by assets among Form 5500 filers? ▼
Which Money Purchase plans are similar in size to Redwood Credit Union Target Benefit Plan? ▼
Next read for Redwood Credit Union Target Benefit Plan
Filing takeaways
Ways to act on Redwood Credit Union Target Benefit Plan's numbers.
- By total assets, Redwood Credit Union Target Benefit Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Money Purchase plans in California. Compare plans
- Redwood Credit Union's sponsor-wide assets have grown 49.5% since 2022 across 3 plan years on file. More Finance & Insurance plans