401(k) · DOL Form 5500 · 2024
Local Government Federal Credit Union 401(k) Plan
Data updated 2026-08-25
- $57M
- Total assets Below avg plan size
- 284
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $200,492
- Avg per participant Above avg balance/head
Official DOL plan name: Local Government Federal Credit Union 401(k) Plan and Trust · Sponsored by Local Government Federal Credit Union · North Carolina · Finance & Insurance
$57M in assets, 284 participants
Local Government Federal Credit Union's Local Government Federal Credit Union 401(k) Plan and Trust reported $57M in total assets and 284 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.
- #6,624 in Finance & Insurance (8,549 peers)
Coverage in North Carolina
Local Government Federal Credit Union 401(k) Plan and Trust covers 284 participants in North Carolina, about 35% of the average North Carolina filer (state average ~819 per filing). Assets: $57M.
- #6,624
- in Finance & Insurance (8,549 peers)
- +19.8%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Local Government Federal Credit Union 401(k) Plan and Trust's outsized position by total assets
Local Government Federal Credit Union 401(k) Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$56,939,605 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
Local Government Federal Credit Union 401(k) 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. Local Government Federal Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (284 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Local Government Federal Credit Union 401(k) Plan and Trust reported participants rose from 218 in the plan year 2023 filing to 284 in the plan year 2024 filing.
- Local Government Federal Credit Union 401(k) Plan and Trust end-of-year assets rose from $48M in the plan year 2023 filing to $57M in the plan year 2024 filing.
- Local Government Federal Credit Union 401(k) Plan and Trust reported net income fell from $11M in the plan year 2023 filing to $9M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 561362282 · Local Government Federal Credit Union PY 2024 · 401(k)
Local Government Federal Credit Union 401(k) Plan and Trust · $57M · 284 · 86th
- PCT $57M
- EIN 284
- RANK 86th
- PHOTO 401(k)
- IND near Berkowitz Pollack Brant Advisors & Cpas, LLP Profit Sharing Plan
- EOY ind #6624
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 →
Local Government Federal Credit Union 401(k) Plan and Trust in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $48M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | $9M |
| Employer EIN | 561362282 |
| Plan Effective Date | 1998-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Local Government Federal Credit Union)
Sponsor-wide plan assets over time
All Local Government Federal Credit Union plans reported in each filing year
- Latest sponsor-wide plan assets
- $57M 56.94519845794622% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 222 | $36M |
| 2023 | 1 | 218 | $48M |
| 2024 | 1 | 284 | $57M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Local Government Federal Credit Union 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Berkowitz Pollack Brant Advisors & Cpas, LLP Profit Sharing Plan in FL ($57M); by covered participants it is Crown/Loyal 401(k) Plan in NH (284 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($57M here).
- Berkowitz Pollack Brant Advisors & Cpas, LLP Profit Sharing Plan (FL) $57M · 353
- Guhring, Inc. Salary Savings Plan (WI) $57M · 349
- Deciphera 401(k) Plan (MA) $57M · 313
- Oxford Instruments 401(k) Plan (MA) $57M · 319
Similar participant headcount
Nearest other-state filings by covered participants (284 participants); asset peers above are excluded.
- Crown/Loyal 401(k) Plan (NH) 284 · 0 off
- Security National Corporation Retirement Savings Plan & Trust (IA) 284 · 0 off
- Nextier Retirement Savings Plan (PA) 284 · 0 off
- Hcp Management Operations, Inc. Retirement Savings Plan (NJ) 284 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.