Defined Benefit (Pension) · DOL Form 5500 · 2024

Central One Federal Credit Union Pension Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
118
Participants Small participant base
73rd
Percentile by assets National rank
$195,345
Avg per participant Above avg balance/head
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Official DOL plan name: Cofcu Cash Balance Defined Benefit Plan and Trust · Sponsored by Central One Federal Credit Union · Massachusetts · Finance & Insurance

$23M in assets, 118 participants

Central One Federal Credit Union's Cofcu Cash Balance Defined Benefit Plan and Trust reported $23M in total assets and 118 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,037 in Finance & Insurance (8,549 peers)

Coverage in Massachusetts

Cofcu Cash Balance Defined Benefit Plan and Trust covers 118 participants in Massachusetts, about 18% of the average Massachusetts filer (state average ~659 per filing). Assets: $23M.

#5,037
in Finance & Insurance (8,549 peers)
+10.3%
assets growth YoY

Cofcu Cash Balance Defined Benefit Plan and Trust's outsized position by total assets

Cofcu Cash Balance Defined Benefit Plan and Trust vs every filed plan by assets

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

$23,050,656 Top 27% higher than 73% 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

Cofcu 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. Cofcu Cash Balance Defined Benefit Plan and Trust sits mid-pack in the medium band (118 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Cofcu Cash Balance Defined Benefit Plan and Trust reported participants rose from 102 in the plan year 2023 filing to 118 in the plan year 2024 filing.
  • Cofcu Cash Balance Defined Benefit Plan and Trust end-of-year assets rose from $21M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Cofcu Cash Balance Defined Benefit Plan and Trust reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 042158611 · Central One Federal Credit Union PY 2024 · Defined Benefit (Pension)

Cofcu Cash Balance Defined Benefit Plan and Trust · $23M · 118 · 73rd

  • IND $23M
  • EOY 118
  • 5500 73rd
  • ASSETS Defined Benefit (Pension)
  • PCT near Retirement Plan for Corning Natural Gas Corporation
  • EIN ind #5037

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 Massachusetts →

Cofcu Cash Balance Defined Benefit Plan and Trust in the asset neighbourhood

Anaren Microwave, Inc. Pension PlanAnaren Microwave, Inc. Pensi…$23MMdwest One, P.C. Cash Balance Pension PlanMdwest One, P.C. Cash Balanc…$23MRetirement Plan for Corning Natural Gas CorporationRetirement Plan for Corning …$23MCofcu Cash Balance Defined Benefit Plan and TrustCofcu Cash Balance Defined B…$23MBank of Ireland Group U.S. Retirement PlanBank of Ireland Group U.S. R…$23M
End-of-year total assets ($M) among Cofcu Cash Balance Defined Benefit Plan and Trust and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Massachusetts filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$2M
Employer EIN042158611
Plan Effective Date1964-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Central One Federal Credit Union)

Sponsor-wide plan assets over time

All Central One Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$44M 31.79662808094156% vs 2022
2024 filing year
$30M$35M$40M$45M 202220232024 $33.3M $43.9M ▲ +31.8%
Year Plans Participants Total Assets
2022 2 227 $33M
2023 2 221 $39M
2024 2 244 $44M

Nearby Defined Benefit (Pension) Plans in Massachusetts

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

Cofcu Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Cofcu Cash Balance Defined Benefit Plan and Trust, Total assets ($B): 0.023050656 · Participants: 118Cofcu Cash Balance Defined Benefit Plan and TrustConsolidated Cash Balance Program of Mass General Brigham and Member Organizations, Total assets ($B): 11.586293172 · Participants: 60621Consolidated Cash Balance Program of Mass General Brigham and Member OrganizationsNew England Teamsters Pension Fund, Total assets ($B): 9.093299462 · Participants: 21577New England Teamsters Pension FundLiberty Mutual Retirement Benefit Plan, Total assets ($B): 6.250686483 · Participants: 34910Liberty Mutual Retirement Benefit PlanMassachusetts Institute of Technology Basic Retirement Plan, Total assets ($B): 5.888715533 · Participants: 12533Massachusetts Institute of Technology Basic Retirement PlanN. Atlantic States Carp. Pension Fund, Total assets ($B): 5.086051556 · Participants: 16946N. Atlantic States Carp. Pension Fund
Cofcu Cash Balance Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Massachusetts, assets vs. participants
Compare Cofcu Cash Balance Defined Benefit Plan and Trust side-by-side with 3 peers →

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

Outside Massachusetts, the nearest Defined Benefit (Pension) by assets is Retirement Plan for Corning Natural Gas Corporation in NY ($23M); by covered participants it is Nuclear Fuel Services, Inc. Retirement Plan for Hourly Employees in NC (118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (118 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 Cofcu Cash Balance Defined Benefit Plan and Trust assets move in 2024? ▼
Cofcu Cash Balance Defined Benefit Plan and Trust grew at a solid clip - up 10.3% during 2024, from $21M to $23M. Reported net income was $2M.
How have Central One Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Central One Federal Credit Union's sponsor-wide assets grew 31.8%, from $33M to $44M.
Which Defined Benefit (Pension) plans are similar in size to Cofcu Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Corning Natural Gas Corporation in NY ($23M, 60 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Cofcu Cash Balance Defined Benefit Plan and Trust? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Nuclear Fuel Services, Inc. Retirement Plan for Hourly Employees in NC (118 participants, $30M 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 042158611.

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.