401(k) · DOL Form 5500 · 2024

Financial Plus Credit Union 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
245
Participants Below avg headcount
78th
Percentile by assets National rank
$124,247
Avg per participant Near avg balance/head
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Official DOL plan name: Financial Plus Credit Union Retirement Plan · Sponsored by Financial Plus Credit Union · Michigan · Finance & Insurance

$30M in assets, 245 participants

Financial Plus Credit Union's Financial Plus Credit Union Retirement Plan reported $30M in total assets and 245 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • #5,561 in Finance & Insurance (8,549 peers)

Coverage in Michigan

Financial Plus Credit Union Retirement Plan covers 245 participants in Michigan, about 38% of the average Michigan filer (state average ~638 per filing). Assets: $30M.

#5,561
in Finance & Insurance (8,549 peers)
+43.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Financial Plus Credit Union Retirement Plan's outsized position by total assets

Financial Plus Credit Union Retirement Plan vs every filed plan by assets

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

$30,440,566 Top 22% higher than 78% 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

Financial Plus Credit Union Retirement Plan 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. Financial Plus Credit Union Retirement Plan sits mid-pack in the medium band (245 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Financial Plus Credit Union Retirement Plan end-of-year assets rose from $21M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Financial Plus Credit Union Retirement Plan reported participants rose from 179 in the plan year 2023 filing to 245 in the plan year 2024 filing.
  • Financial Plus Credit Union Retirement Plan reported net income fell from $3M in the plan year 2023 filing to $3M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 381439120 · Financial Plus Credit Union PY 2024 · 401(k)

Financial Plus Credit Union Retirement Plan · $30M · 245 · 78th

  • ASSETS $30M
  • PCT 245
  • EIN 78th
  • RANK 401(k)
  • PHOTO near Vantage Services 401(k) Plan
  • IND ind #5561

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 →

Financial Plus Credit Union Retirement Plan in the asset neighbourhood

Financial Plus Credit Union Retirement PlanFinancial Plus Credit Union …$30MVantage Services 401(k) Plan$30MAmeriflight, LLC 401(k) Savings and Retirement PlanAmeriflight, LLC 401(k) Savi…$30MTekla Research, Inc. 401(k) PlanTekla Research, Inc. 401(k) …$30MMhcs 401(k)/Ps Plan$30M
End-of-year total assets ($M) among Financial Plus Credit Union Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$30M
Net Income$3M
Employer EIN381439120
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Financial Plus Credit Union)

Sponsor-wide plan assets over time

All Financial Plus Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$30M 70.92853854380914% vs 2022
2024 filing year
$15M$20M$25M$30M$35M 202220232024 $17.8M $30.4M ▲ +70.9%
Year Plans Participants Total Assets
2022 1 153 $18M
2023 1 179 $21M
2024 1 245 $30M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Financial Plus Credit Union Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Financial Plus Credit Union Retirement Plan, Total assets ($B): 0.030440566 · Participants: 245Financial Plus Credit Union Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Financial Plus Credit Union Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Financial Plus Credit Union Retirement Plan side-by-side with 3 peers →

Financial Plus Credit Union Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Vantage Services 401(k) Plan in IL ($30M); by covered participants it is Mcclancy Foods and Flavors LLC Capital Accumulation Plan in SC (245 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (245 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 Financial Plus Credit Union Retirement Plan assets move in 2024? ▼
Financial Plus Credit Union Retirement Plan surged - up 43.3% during 2024, from $21M to $30M. Reported net income was $3M.
How have Financial Plus Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Financial Plus Credit Union's sponsor-wide assets grew 70.9%, from $18M to $30M.
Where does Financial Plus Credit Union Retirement Plan rank by assets among Form 5500 filers? ▼
Financial Plus Credit Union Retirement Plan ranks in the 78th 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 401(k) plans are similar in size to Financial Plus Credit Union Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vantage Services 401(k) Plan in IL ($30M, 262 participants).
Which 401(k) plans cover a similar participant headcount to Financial Plus Credit Union Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mcclancy Foods and Flavors LLC Capital Accumulation Plan in SC (245 participants, $6M 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 381439120.

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.