401(k) · DOL Form 5500 · 2024
Skyla Federal Credit Union 401(k) Plan
Data updated 2026-08-25
- $23M
- Total assets Small plan by assets
- 306
- Participants Below avg headcount
- 73rd
- Percentile by assets National rank
- $75,023
- Avg per participant Below avg balance/head
Official DOL plan name: Skyla Federal Credit Union 401(k) Plan · Sponsored by Skyla Federal Credit Union · North Carolina · Finance & Insurance
$23M in assets, 306 participants
Skyla Federal Credit Union's Skyla Federal Credit Union 401(k) Plan reported $23M in total assets and 306 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.
- #5,020 in Finance & Insurance (8,549 peers)
Coverage in North Carolina
Skyla Federal Credit Union 401(k) Plan covers 306 participants in North Carolina, about 37% of the average North Carolina filer (state average ~819 per filing). Assets: $23M.
- #5,020
- in Finance & Insurance (8,549 peers)
- +29.9%
- assets growth YoY
Skyla Federal Credit Union 401(k) Plan's outsized position by total assets
Skyla Federal Credit Union 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$22,957,182 Top 27% higher than 73% 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
Skyla Federal Credit Union 401(k) 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. Skyla Federal Credit Union 401(k) Plan sits mid-pack in the medium band (306 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Skyla Federal Credit Union 401(k) Plan reported net income rose from $2M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Skyla Federal Credit Union 401(k) Plan end-of-year assets rose from $18M in the plan year 2023 filing to $23M in the plan year 2024 filing.
- Skyla Federal Credit Union 401(k) Plan reported participants fell from 327 in the plan year 2023 filing to 306 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 560772380 · Skyla Federal Credit Union PY 2024 · 401(k)
Skyla Federal Credit Union 401(k) Plan · $23M · 306 · 73rd
- EIN $23M
- EIN 306
- EIN 73rd
- EIN 401(k)
- EIN near Helix 401 (K) Plan
- EIN ind #5020
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 North Carolina →
Skyla Federal Credit Union 401(k) Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $18M |
|---|---|
| Net Assets (End of Year) | $23M |
| Net Income | $5M |
| Employer EIN | 560772380 |
| Plan Effective Date | 1996-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Skyla Federal Credit Union)
Sponsor-wide plan assets over time
All Skyla Federal Credit Union plans reported in each filing year
- Latest sponsor-wide plan assets
- $23M 44.28575253439243% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 235 | $16M |
| 2023 | 1 | 327 | $18M |
| 2024 | 1 | 306 | $23M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Skyla Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Helix 401 (K) Plan in CA ($23M); by covered participants it is Holland Enterprises, Inc 401(k) Retirement Plan in ND (306 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($23M here).
- Helix 401 (K) Plan (CA) $23M · 247
- Schmitt-Sussman Enterprises, Inc. 401(k) Plan (CT) $23M · 203
- Voyager Therapeutics Inc. 401(k) Plan (MA) $23M · 160
- Dungarvin 401(k) Retirement Plan (MN) $23M · 3,259
Similar participant headcount
Nearest other-state filings by covered participants (306 participants); asset peers above are excluded.
- Holland Enterprises, Inc 401(k) Retirement Plan (ND) 306 · 0 off
- Tribar Manufacturing, LLC 401(k) Plan (MI) 306 · 0 off
- Excelsior Defense Inc Retirement Plan (FL) 306 · 0 off
- Turn Community Services 401(k) Plan (UT) 306 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.