Defined Benefit (Pension) · DOL Form 5500 · 2024

Sunward Federal Credit Union Pension Plan

Data updated 2026-08-25

$111M
Total assets Near avg plan size
373
Participants Below avg headcount
91st
Percentile by assets National rank
$297,159
Avg per participant High balance/head
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Official DOL plan name: Sunward Federal Credit Union Employees' Cash Balance Pension Plan · Sponsored by Sunward Federal Credit Union · New Mexico · Finance & Insurance

$111M in assets, 373 participants

Sunward Federal Credit Union's Sunward Federal Credit Union Employees' Cash Balance Pension Plan reported $111M in total assets and 373 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.

  • #7,371 in Finance & Insurance (8,549 peers)

Where Sunward Federal Credit Union Employees' Cash Balance Pension Plan sits by assets

Sunward Federal Credit Union Employees' Cash Balance Pension Plan sits in the top 10% of all filed plans by assets, $111M for 373 participants (~$297,159/participant), up 7.3% in 2024.

#7,371
in Finance & Insurance (8,549 peers)
+7.3%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Sunward Federal Credit Union Employees' Cash Balance Pension Plan's outsized position by total assets

Sunward Federal Credit Union Employees' Cash Balance Pension Plan vs every filed plan by assets

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

$110,840,394 Top 9% higher than 91% 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

Sunward Federal Credit Union Employees' Cash Balance Pension 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. Sunward Federal Credit Union Employees' Cash Balance Pension Plan sits mid-pack in the medium band (373 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sunward Federal Credit Union Employees' Cash Balance Pension Plan reported net income fell from $11M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Sunward Federal Credit Union Employees' Cash Balance Pension Plan reported participants rose from 333 in the plan year 2023 filing to 373 in the plan year 2024 filing.
  • Sunward Federal Credit Union Employees' Cash Balance Pension Plan end-of-year assets rose from $103M in the plan year 2023 filing to $111M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 850113445 · Sunward Federal Credit Union PY 2024 · Defined Benefit (Pension)

Sunward Federal Credit Union Employees' Cash Balance Pension Plan · $111M · 373 · 91st

  • BOOK $111M
  • BOOK 373
  • BOOK 91st
  • BOOK Defined Benefit (Pension)
  • BOOK near Building Material Drivers Local 436 Pension Fund
  • BOOK ind #7371

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 →

Sunward Federal Credit Union Employees' Cash Balance Pension Plan in the asset neighbourhood

Ohio Bricklayers Pension Plan$111MKnights of Columbus Retirement Plan for Bargaining Unit EmployeesKnights of Columbus Retireme…$111MBuilding Material Drivers Local 436 Pension FundBuilding Material Drivers Lo…$111MSunward Federal Credit Union Employees' Cash Balance Pension PlanSunward Federal Credit Union…$111MBsa-Ila Pension Plan$111M
End-of-year total assets ($M) among Sunward Federal Credit Union Employees' Cash Balance Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$103M
Net Assets (End of Year)$111M
Net Income$8M
Employer EIN850113445
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Sunward Federal Credit Union)

Sponsor-wide plan assets over time

All Sunward Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$156M 23.88765831280417% vs 2022
2024 filing year
$120M$130M$140M$150M$160M 202220232024 $126M $156M ▲ +23.9%
Year Plans Participants Total Assets
2022 2 732 $126M
2023 2 779 $143M
2024 2 900 $156M

Nearby Defined Benefit (Pension) Plans in New Mexico

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Sunward Federal Credit Union Employees' Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -202468 Total assets ($B) Participants Sunward Federal Credit Union Employees' Cash Balance Pension Plan, Total assets ($B): 0.110840394 · Participants: 373Sunward Federal Credit Union Employees' Cash Balance Pension PlanNtess Retirement Income Plan, Total assets ($B): 6.200747527 · Participants: 3323Ntess Retirement Income PlanTriad Defined Benefit Pension Plan, Total assets ($B): 5.593878518 · Participants: 2018Triad Defined Benefit Pension PlanPnm Resources Inc. Employees' Retirement Plan, Total assets ($B): 0.379799404 · Participants: 133Pnm Resources Inc. Employees' Retirement PlanPresbyterian Healthcare Services Employees' Pension Plan II, Total assets ($B): 0.260707301 · Participants: 713Presbyterian Healthcare Services Employees' Pension Plan IIWaste Isolation Pilot Plant Pension Plan, Total assets ($B): 0.233059118 · Participants: 1041Waste Isolation Pilot Plant Pension Plan
Sunward Federal Credit Union Employees' Cash Balance Pension Plan vs. nearby Defined Benefit (Pension) plans in New Mexico, assets vs. participants

Sunward Federal Credit Union Employees' Cash Balance Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside New Mexico, the nearest Defined Benefit (Pension) by assets is Building Material Drivers Local 436 Pension Fund in PA ($111M); by covered participants it is Employees' Retirement Plan of Universal Leaf Tobacco Co. & Designated Affiliated Cos in VA (373 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($111M here).

Similar participant headcount

Nearest other-state filings by covered participants (373 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 Sunward Federal Credit Union Employees' Cash Balance Pension Plan assets move in 2024?
Sunward Federal Credit Union Employees' Cash Balance Pension Plan grew at a solid clip - up 7.3% during 2024, from $103M to $111M. Reported net income was $8M.
How have Sunward Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Sunward Federal Credit Union's sponsor-wide assets grew 23.9%, from $126M to $156M.
Where does Sunward Federal Credit Union Employees' Cash Balance Pension Plan rank by assets among Form 5500 filers?
Sunward Federal Credit Union Employees' Cash Balance Pension Plan ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sunward Federal Credit Union Employees' Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Building Material Drivers Local 436 Pension Fund in PA ($111M, 76 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Sunward Federal Credit Union Employees' Cash Balance Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Employees' Retirement Plan of Universal Leaf Tobacco Co. & Designated Affiliated Cos in VA (373 participants, $206M in assets).