401(k) · DOL Form 5500 · 2024

Ascend Federal Credit Union 401(k) Plan

Data updated 2026-08-11

$51M
Total assets: 620
Participants: 84th
Percentile by assets: $82,840
Avg per participant

Official DOL plan name: Ascend Federal Credit Union Cash or Deferred Compensation Plan · Sponsored by Ascend Federal Credit Union · Tennessee · Finance & Insurance

$51M in assets, 620 participants

Ascend Federal Credit Union's Ascend Federal Credit Union Cash or Deferred Compensation Plan reported $51M in total assets and 620 participants in its 2024 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 123,622 plans)
#6,493 in Finance & Insurance (8,549 peers)

Where Ascend Federal Credit Union Cash or Deferred Compensation Plan sits by assets

Ascend Federal Credit Union Cash or Deferred Compensation Plan sits in the top quartile of all filed plans by assets, $51M for 620 participants (~$82,840/participant), up 16.3% in 2024.

$51M
total plan assets (2024 EOY): 620
covered participants: 84th
percentile by assets (of 123,622 plans): $82,840
avg assets per participant

Where Ascend Federal Credit Union Cash or Deferred Compensation Plan sits by total assets

Ascend Federal Credit Union Cash or Deferred Compensation Plan vs every filed plan by assets

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

$51,361,075 Top 16% higher than 84% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Ascend Federal Credit Union Cash or Deferred Compensation Plan end-of-year assets rose from $44M in the plan year 2023 filing to $51M in the plan year 2024 filing.
Ascend Federal Credit Union Cash or Deferred Compensation Plan reported net income rose from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Ascend Federal Credit Union Cash or Deferred Compensation Plan reported participants rose from 612 in the plan year 2023 filing to 620 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Tennessee

Industry

Finance & Insurance

Ascend Federal Credit Union Cash or Deferred Compensation Plan vs the 2024 asset distribution

By assets, Ascend Federal Credit Union Cash or Deferred Compensation Plan outranks 84% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$44M
Net Assets (End of Year)	$51M
Net Income	$7M
Employer EIN	620527850
Plan Effective Date	1985-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Ascend Federal Credit Union)

Total plan assets by year, all Ascend Federal Credit Union plans on file

Year	Plans	Participants	Total Assets
2022	1	586	$37M
2023	1	612	$44M
2024	1	620	$51M

Nearby 401(k) Plans in Tennessee

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

Ascend Federal Credit Union Cash or Deferred Compensation Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants

Fedex Corporation Retirement Savings Plan $25.4B · 113,079
Hca 401(k) Plan $23.8B · 307,086
Federal Express Corporation Pilots Retirement Savings Plan $5.3B · 5,830
International Paper Company Salaried Savings Plan $5.0B · 12,564
Chs/Community Health Systems, Inc. Retirement Savings Plan $4.8B · 59,441

Compare Ascend Federal Credit Union Cash or Defe… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ascend Federal Credit Union Cash or Deferred Compensation Plan by total assets, not by location.

Aaa Oregon/Idaho Qualified Employee Savings Plan (OR) $51M · 468
West Liberty Foods, L.L.C. Employee Savings Plan (IA) $51M · 1,915
Nippon Life Group 401(k) Plan (NY) $51M · 129
Sbm Management Services, LP 401(k) Savings Plan (CA) $51M · 7,186

Frequently Asked Questions

How did Ascend Federal Credit Union Cash or Deferred Compensation Plan assets move in 2024? ▼

Ascend Federal Credit Union Cash or Deferred Compensation Plan grew sharply - up 16.3% during 2024, from $44M to $51M. Reported net income was $7M.

How have Ascend Federal Credit Union plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Ascend Federal Credit Union's sponsor-wide assets grew 37.3%, from $37M to $51M.

Where does Ascend Federal Credit Union Cash or Deferred Compensation Plan rank by assets among Form 5500 filers? ▼

Ascend Federal Credit Union Cash or Deferred Compensation Plan ranks in the 84th 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 Ascend Federal Credit Union Cash or Deferred Compensation Plan? ▼

Among 401(k) plans in other states, the closest by assets is Aaa Oregon/Idaho Qualified Employee Savings Plan in OR ($51M, 468 participants).

Next read for Ascend Federal Credit Union Cash or Defe…

Scale reading

Ways to act on Ascend Federal Credit Union Cash or Deferred Compensation Plan's numbers.

By total assets, Ascend Federal Credit Union Cash or Deferred Compensation Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Tennessee. Compare plans
Ascend Federal Credit Union's sponsor-wide assets have grown 37.3% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 620527850.