Defined Benefit (Pension) · DOL Form 5500 · 2024

Global Federal Credit Union Pension Plan

Data updated 2026-07-24

$182M
Total assets
130
Participants
94th
Percentile by assets
$1.4M
Avg per participant
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Official DOL plan name: Global Defined Benefit Retirement Plan · Sponsored by Global Federal Credit Union · Alaska · Finance & Insurance

$182M in assets, 130 participants

Global Federal Credit Union's Global Defined Benefit Retirement Plan reported $182M in total assets and 130 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 116,472 plans)

Coverage in Alaska

Global Defined Benefit Retirement Plan covers 130 participants in Alaska, about 27% of the average Alaska filer (state average ~481 per filing). Assets: $182M.

$182M
total plan assets (2024 EOY)
130
covered participants
94th
percentile by assets (of 116,472 plans)
$1.4M
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Global Defined Benefit Retirement Plan reported net income fell from $8M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Global Defined Benefit Retirement Plan reported participants fell from 145 in the plan year 2023 filing to 130 in the plan year 2024 filing.
  • Global Defined Benefit Retirement Plan end-of-year assets fell from $184M in the plan year 2023 filing to $182M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Alaska filers

In Alaska, the average filing covers about 481 participants across 265 plans. Global Defined Benefit Retirement Plan reports 130 participants - about 27% of that state average ($182M EOY assets).

Alaska filing particulars

Total Assets (Beginning of Year)$184M
Net Assets (End of Year)$182M
Net Income-$2M
Employer EIN920019874
Plan Effective Date1979-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Global Federal Credit Union)

$280M$300M$320M$340M 202220232024 $290M $331M ▲ +14.2%
Total plan assets by year, all Global Federal Credit Union plans on file
Year Plans Participants Total Assets
2022 2 2,066 $290M
2023 2 2,339 $315M
2024 2 2,096 $331M

Nearby Defined Benefit (Pension) Plans in Alaska

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Global Defined Benefit Retirement Plan vs. nearby Defined Benefit (Pension) plans in Alaska, assets vs. participants

Global Defined Benefit Retirement Plan vs. nearby Defined Benefit (Pension) plans in Alaska, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Global Defined Benef…Alaska Electrical Pe…Alyeska Pipeline Ser…Golden Valley Electr…Enstar Natural Gas C…Enstar Natural Gas C…
Global Defined Benefit Retirement Plan vs. nearby Defined Benefit (Pension) plans in Alaska, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Global Defined Benefit Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Global Defined Benefit Retirement Plan assets move in 2024?
Global Defined Benefit Retirement Plan edged down modestly - down 1.2% during 2024, from $184M to $182M. Reported net income was -$2M.
How have Global Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Global Federal Credit Union's sponsor-wide assets grew 14.2%, from $290M to $331M.
Where does Global Defined Benefit Retirement Plan rank by assets among Form 5500 filers?
Global Defined Benefit Retirement Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Global Defined Benefit Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Employees of Mazda North American Operations in CA ($182M, 330 participants).

Next read for Global Defined Benefit Retirement Plan

Filing takeaways

Ways to act on Global Defined Benefit Retirement Plan's numbers.

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 920019874.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.