401(k) · DOL Form 5500 · 2024

Michigan Credit Union League 401(k) Plan

Data updated 2026-08-06

$996M
Total assets
9,086
Participants
98th
Percentile by assets
$109,649
Avg per participant
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Official DOL plan name: Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan · Sponsored by Michigan Credit Union League · Michigan · Finance & Insurance

$996M in assets, 9,086 participants

Michigan Credit Union League's Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan reported $996M in total assets and 9,086 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 116,472 plans)
  • #7,998 in Finance & Insurance (8,240 peers)

Coverage in Michigan

Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan covers 9,086 participants in Michigan, 14x the typical Michigan plan (state average ~632 per filing). Assets: $996M.

$996M
total plan assets (2024 EOY)
9,086
covered participants
98th
percentile by assets (of 116,472 plans)
$109,649
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan reported net income fell from $141M in the plan year 2023 filing to $119M in the plan year 2024 filing.
  • Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan end-of-year assets rose from $904M in the plan year 2023 filing to $996M in the plan year 2024 filing.
  • Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan reported participants rose from 9,036 in the plan year 2023 filing to 9,086 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Michigan filers

In Michigan, the average filing covers about 632 participants across 3,963 plans. Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan reports 9,086 participants - 14x that state average ($996M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$904M
Net Assets (End of Year)$996M
Net Income$119M
Employer EIN380826778
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Credit Union League)

$700M$800M$900M$1,000M$1,100M 202220232024 $760M $996M ▲ +31.0%
Total plan assets by year, all Michigan Credit Union League plans on file
Year Plans Participants Total Assets
2022 1 8,928 $760M
2023 1 9,036 $904M
2024 1 9,086 $996M

Nearby 401(k) Plans in Michigan

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

Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Retirement Plan for …General Motors Retir…Ford Motor Co. Savin…The Dow Chemical Com…The General Motors P…Ford Motor Co. Tax-E…
Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Scale composition for Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan

Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan reports $996M in end-of-year assets across 9,086 participants (0.009% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.010% of 89,805,449 covered participants) - about $109,649 per participant (80% of the national average assets-per-participant) . Net income for plan year 2024 was $119M.

This plan identity (EIN 380826778, plan #334) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $760M to $996M (+31.0%) while covered participants moved from 8,928 to 9,086 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,928 $760M Open filing
2023 9,036 $904M Open filing
2024 · index core 9,086 $996M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan assets move in 2024?
Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan grew at a solid clip - up 10.2% during 2024, from $904M to $996M. Reported net income was $119M.
How have Michigan Credit Union League plan assets changed over time?
Across 3 plan years on file (2022-2024), Michigan Credit Union League's sponsor-wide assets grew 31.0%, from $760M to $996M.
Where does Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan rank by assets among Form 5500 filers?
Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Thrivewise Pooled Employer Plan in IA ($997M, 8,111 participants).

Next read for Retirement Plan for Michigan Credit Unio…

Filing takeaways

Ways to act on Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan's numbers.

  • By total assets, Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
  • Michigan Credit Union League's sponsor-wide assets have grown 31.0% since 2022 across 3 plan years on file. More Finance & Insurance plans