Defined Benefit (Pension) · DOL Form 5500 · 2024

True Community Credit Union Pension Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
189
Participants Below avg headcount
76th
Percentile by assets National rank
$147,701
Avg per participant Above avg balance/head
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Official DOL plan name: True Community Credit Union Cash Balance Defined Benefit Plan and Trust · Sponsored by True Community Credit Union · Michigan · Finance & Insurance

$28M in assets, 189 participants

True Community Credit Union's True Community Credit Union Cash Balance Defined Benefit Plan and Trust reported $28M in total assets and 189 participants in its 2024 DOL Form 5500 filing, ranking in the 76th 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.

  • #5,400 in Finance & Insurance (8,549 peers)

Coverage in Michigan

True Community Credit Union Cash Balance Defined Benefit Plan and Trust covers 189 participants in Michigan, about 30% of the average Michigan filer (state average ~638 per filing). Assets: $28M.

#5,400
in Finance & Insurance (8,549 peers)
+5.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

True Community Credit Union Cash Balance Defined Benefit Plan and Trust's outsized position by total assets

True Community Credit Union Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$27,915,479 Top 24% higher than 76% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

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

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

True Community Credit Union Cash Balance Defined Benefit Plan and Trust 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. True Community Credit Union Cash Balance Defined Benefit Plan and Trust sits mid-pack in the medium band (189 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • True Community Credit Union Cash Balance Defined Benefit Plan and Trust reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • True Community Credit Union Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $26M in the plan year 2023 filing to $28M in the plan year 2024 filing.
  • True Community Credit Union Cash Balance Defined Benefit Plan and Trust reported participants fell from 192 in the plan year 2023 filing to 189 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 381453620 · True Community Credit Union PY 2024 · Defined Benefit (Pension)

True Community Credit Union Cash Balance Defined Benefit Plan and Trust · $28M · 189 · 76th

  • NET $28M
  • NET 189
  • NET 76th
  • NET Defined Benefit (Pension)
  • NET near Taylor Morrison Cash Balance Pension Plan
  • NET ind #5400

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 Michigan →

True Community Credit Union Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

True Community Credit Union Cash Balance Defined Benefit Plan and TrustTrue Community Credit Union …$28MTaylor Morrison Cash Balance Pension PlanTaylor Morrison Cash Balance…$28MRetirement Plan of the Plumbers & Steamfitters Local No 489Retirement Plan of the Plumb…$28MTucson Federal Credit Union Defined Benefit Plan and TrustTucson Federal Credit Union …$28MGlasgow, Inc. Pension Plan$28M
End-of-year total assets ($M) among True Community Credit Union Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$28M
Net Income$2M
Employer EIN381453620
Plan Effective Date1969-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (True Community Credit Union)

Sponsor-wide plan assets over time

All True Community Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$28M 19.32174180509005% vs 2022
2024 filing year
$22M$24M$26M$28M$30M 202220232024 $23.4M $27.9M ▲ +19.3%
Year Plans Participants Total Assets
2022 1 187 $23M
2023 1 192 $26M
2024 1 189 $28M

Nearby Defined Benefit (Pension) Plans in Michigan

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

True Community Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -1001020304050 Total assets ($B) Participants True Community Credit Union Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.027915479 · Participants: 189True Community Credit Union Cash Balance Defined Benefit Plan and TrustGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 42.453822995 · Participants: 15648General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 17.842898898 · Participants: 25742Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.116125366 · Participants: 8585Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 10.930410978 · Participants: 6888Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 10.255300049 · Participants: 12752Fca US LLC UAW Pension Agreement
True Community Credit Union Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare True Community Credit Union Cash Balance Defined Benefit Plan and Trust side-by-side with 3 peers →

True Community Credit Union Cash Balance Defined Benefit Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Taylor Morrison Cash Balance Pension Plan in AZ ($28M); by covered participants it is Pension Plan for Eligible Employees of Suburban Propane L.P. and Subsidiaries in NJ (189 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (189 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did True Community Credit Union Cash Balance Defined Benefit Plan and Trust assets move in 2024? ▼
True Community Credit Union Cash Balance Defined Benefit Plan and Trust grew at a solid clip - up 5.7% during 2024, from $26M to $28M. Reported net income was $2M.
How have True Community Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), True Community Credit Union's sponsor-wide assets grew 19.3%, from $23M to $28M.
Where does True Community Credit Union Cash Balance Defined Benefit Plan and Trust rank by assets among Form 5500 filers? ▼
True Community Credit Union Cash Balance Defined Benefit Plan and Trust ranks in the 76th 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 Defined Benefit (Pension) plans are similar in size to True Community Credit Union Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Taylor Morrison Cash Balance Pension Plan in AZ ($28M, 125 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to True Community Credit Union Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Eligible Employees of Suburban Propane L.P. and Subsidiaries in NJ (189 participants, $52M in assets).

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 381453620.

Read our methodology - how this data is sourced, computed, and verified.

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