Defined Benefit (Pension) · DOL Form 5500 · 2024
Coastal Federal Credit Union Pension Plan
Data updated 2026-08-25
- $60M
- Total assets Below avg plan size
- 567
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $105,810
- Avg per participant Below avg balance/head
Official DOL plan name: Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust · Sponsored by Coastal Federal Credit Union · North Carolina · Finance & Insurance
$60M in assets, 567 participants
Coastal Federal Credit Union's Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust reported $60M in total assets and 567 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- #6,707 in Finance & Insurance (8,549 peers)
Where Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits by assets
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits in the top quartile of all filed plans by assets, $60M for 567 participants (~$105,810/participant), up 2.0% in 2024.
- #6,707
- in Finance & Insurance (8,549 peers)
- +2.0%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust's outsized position by total assets
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$59,994,079 Top 14% higher than 86% 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
Coastal Federal Credit Union Cash Balance Defined Benefit Pension 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. Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust sits mid-pack in the medium band (567 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust reported net income fell from $6M in the plan year 2023 filing to $1M in the plan year 2024 filing.
- Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust reported participants rose from 523 in the plan year 2023 filing to 567 in the plan year 2024 filing.
- Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust end-of-year assets rose from $59M in the plan year 2023 filing to $60M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 560904243 · Coastal Federal Credit Union PY 2024 · Defined Benefit (Pension)
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust · $60M · 567 · 86th
- EOY $60M
- 5500 567
- ASSETS 86th
- PCT Defined Benefit (Pension)
- EIN near Newmarket Corporation Retirement Income Plan for Union Employees Located in Houston, Texas
- RANK ind #6707
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 →
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $59M |
|---|---|
| Net Assets (End of Year) | $60M |
| Net Income | $1M |
| Employer EIN | 560904243 |
| Plan Effective Date | 1974-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Coastal Federal Credit Union)
Sponsor-wide plan assets over time
All Coastal Federal Credit Union plans reported in each filing year
- Latest sponsor-wide plan assets
- $149M 20.359002297147626% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,107 | $124M |
| 2023 | 2 | 1,158 | $144M |
| 2024 | 2 | 1,199 | $149M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
Coastal Federal Credit Union Cash Balance Defined Benefit Pension Plan and Trust's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Newmarket Corporation Retirement Income Plan for Union Employees Located in Houston, Texas in VA ($60M); by covered participants it is Latham & Watkins Cash Balance Plan in CA (567 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($60M here).
- Newmarket Corporation Retirement Income Plan for Union Employees Located in Houston, Texas (VA) $60M · 66
- Pension Plan for Employees of Sm Energy Company (CO) $60M · 205
- Wood County Hospital Retirement Plan (OH) $60M · 688
- Retirement Plan for Administrative and Racing Employees of the New York Racing Association, Inc. (NY) $60M · 41
Similar participant headcount
Nearest other-state filings by covered participants (567 participants); asset peers above are excluded.
- Latham & Watkins Cash Balance Plan (CA) 567 · 0 off
- Upstate New York Bakery Drivers and Industry Pension Fund (NY) 567 · 0 off
- Billerud Americas Corporation Employee Pension Plan (OH) 568 · 1 off
- Schaeffler Group USA Inc. Pension Plan (SC) 568 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.