401(k) · DOL Form 5500 · 2024
State Employees' Credit Union 401(k) Plan
Data updated 2026-08-25
- $1.6B
- Total assets Very large vs avg
- 7,854
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $199,678
- Avg per participant Above avg balance/head
Official DOL plan name: State Employees' Credit Union Retirement Savings Plan · Sponsored by State Employees' Credit Union · North Carolina · Finance & Insurance
$1.6B in assets, 7,854 participants
State Employees' Credit Union's State Employees' Credit Union Retirement Savings Plan reported $1.6B in total assets and 7,854 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- #8,382 in Finance & Insurance (8,549 peers)
Coverage in North Carolina
State Employees' Credit Union Retirement Savings Plan covers 7,854 participants in North Carolina, 9.6x the typical North Carolina plan (state average ~819 per filing). Assets: $1.6B.
- #8,382
- in Finance & Insurance (8,549 peers)
- +18.1%
- assets growth YoY
- 16×
- vs typical plan assets (national mean)
State Employees' Credit Union Retirement Savings Plan's outsized position by total assets
State Employees' Credit Union Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$1,568,272,751 Top 1% higher than 99% 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
State Employees' Credit Union Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. State Employees' Credit Union Retirement Savings Plan lands in the large band (7,854 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- State Employees' Credit Union Retirement Savings Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
- State Employees' Credit Union Retirement Savings Plan reported net income fell from $259M in the plan year 2023 filing to $240M in the plan year 2024 filing.
- State Employees' Credit Union Retirement Savings Plan reported participants rose from 7,706 in the plan year 2023 filing to 7,854 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 560475645 · State Employees' Credit Union PY 2024 · 401(k)
State Employees' Credit Union Retirement Savings Plan · $1.6B · 7,854 · 99th
- EIN $1.6B
- EIN 7,854
- EIN 99th
- EIN 401(k)
- EIN near Covestro LLC Savings and Retirement Plan
- EIN ind #8382
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 →
State Employees' Credit Union Retirement Savings Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $1.3B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | $240M |
| Employer EIN | 560475645 |
| Plan Effective Date | 1983-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (State Employees' Credit Union)
Sponsor-wide plan assets over time
All State Employees' Credit Union plans reported in each filing year
- Latest sponsor-wide plan assets
- $1.6B 46.63448491662805% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 7,000 | $1.1B |
| 2023 | 1 | 7,706 | $1.3B |
| 2024 | 1 | 7,854 | $1.6B |
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
Scale composition for State Employees' Credit Union Retirement Savings Plan
State Employees' Credit Union Retirement Savings Plan reports $1.6B in end-of-year assets across 7,854 participants (0.013% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $199,678 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2024 was $240M.
This plan identity (EIN 560475645, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.1B to $1.6B (+46.6%) while covered participants moved from 7,000 to 7,854 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,000 | $1.1B | Open filing |
| 2023 | 7,706 | $1.3B | Open filing |
| 2024 · index core | 7,854 | $1.6B | This page |
State Employees' Credit Union Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Covestro LLC Savings and Retirement Plan in PA ($1.6B); by covered participants it is Stride, Inc. 401(k) Plan in VA (7,853 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.6B here).
- Covestro LLC Savings and Retirement Plan (PA) $1.6B · 2,561
- Steward Health Care 401(k) Retirement Savings Plan (TX) $1.6B · 29,533
- Slalom 401(k) Plan (WA) $1.6B · 9,679
- Synchrony Financial My Savings Plan (CT) $1.6B · 10,640
Similar participant headcount
Nearest other-state filings by covered participants (7,854 participants); asset peers above are excluded.
- Stride, Inc. 401(k) Plan (VA) 7,853 · 1 off
- Aisin Retirement Security Plan (IN) 7,855 · 1 off
- Eyecare Partners 401(k) Plan (MO) 7,864 · 10 off
- Weyerhaeuser 401(k) Plan (WA) 7,871 · 17 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.