401(k) · DOL Form 5500 · 2024
State Employees' Credit Union 401(k) Plan
Data updated 2026-08-11
- $1.6B
- Total assets
- 7,854
- Participants
- 99th
- Percentile by assets
- $199,678
- Avg per participant
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.
- 99th percentile by assets (of 123,622 plans)
- #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.
- $1.6B
- total plan assets (2024 EOY)
- 7,854
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $199,678
- avg assets per participant
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.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. State Employees' Credit Union Retirement Savings Plan reports 7,854 participants - 9.6x that state average ($1.6B EOY assets).
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)
| 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.
State Employees' Credit Union Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- 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 |
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to State Employees' Credit Union Retirement Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did State Employees' Credit Union Retirement Savings Plan assets move in 2024? ▼
How have State Employees' Credit Union plan assets changed over time? ▼
Where does State Employees' Credit Union Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to State Employees' Credit Union Retirement Savings Plan? ▼
Next read for State Employees' Credit Union Retirement…
Filing takeaways
Ways to act on State Employees' Credit Union Retirement Savings Plan's numbers.
- By total assets, State Employees' Credit Union Retirement Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- State Employees' Credit Union's sponsor-wide assets have grown 46.6% since 2022 across 3 plan years on file. More Finance & Insurance plans