Defined Benefit (Pension) · DOL Form 5500 · 2024

Municipal Credit Union Pension Plan

Data updated 2026-08-11

$15M
Total assets
183
Participants
64th
Percentile by assets
$80,717
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Municipal Credit Union Defined Benefit Plan · Sponsored by Municipal Credit Union · New York · Finance & Insurance

$15M in assets, 183 participants

Municipal Credit Union's Municipal Credit Union Defined Benefit Plan reported $15M in total assets and 183 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 123,622 plans)
  • #4,126 in Finance & Insurance (8,549 peers)

Coverage in New York

Municipal Credit Union Defined Benefit Plan covers 183 participants in New York, about 23% of the average New York filer (state average ~798 per filing). Assets: $15M.

$15M
total plan assets (2024 EOY)
183
covered participants
64th
percentile by assets (of 123,622 plans)
$80,717
avg assets per participant

The plan reported a net loss of $133M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Municipal Credit Union Defined Benefit Plan sits by total assets

Municipal Credit Union Defined Benefit Plan vs every filed plan by assets

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

$14,771,163 Top 36% higher than 64% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Municipal Credit Union Defined Benefit Plan reported net income fell from -$14M in the plan year 2023 filing to -$133M in the plan year 2024 filing.
  • Municipal Credit Union Defined Benefit Plan end-of-year assets fell from $169M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Municipal Credit Union Defined Benefit Plan reported participants fell from 187 in the plan year 2023 filing to 183 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New York
Industry
Finance & Insurance

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Municipal Credit Union Defined Benefit Plan reports 183 participants - about 23% of that state average ($15M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$169M
Net Assets (End of Year)$15M
Net Income-$133M
Employer EIN135261470
Plan Effective Date1952-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Municipal Credit Union)

$0M$100M$200M$300M 202220232024 $228M $36.7M ▼ -83.9%
Total plan assets by year, all Municipal Credit Union plans on file
Year Plans Participants Total Assets
2022 2 503 $228M
2023 2 496 $188M
2024 2 640 $37M

Nearby Defined Benefit (Pension) Plans in New York

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

Municipal Credit Union Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Municipal Credit Uni…, Total assets ($B): 0.014771163 · Participants: 183Municipal Credit Uni…IBM Personal Pension…, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension…1199seiu Health Care…, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care…Consolidated Edison …, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison …Pfizer Consolidated …, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated …GE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Municipal Credit Union Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Municipal Credit Union Defined Benefit P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Municipal Credit Union Defined Benefit Plan by total assets, not by location.

Frequently Asked Questions

How did Municipal Credit Union Defined Benefit Plan assets move in 2024? ▼
Municipal Credit Union Defined Benefit Plan contracted severely - down 91.3% during 2024, from $169M to $15M. Reported net income was -$133M.
How have Municipal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Municipal Credit Union's sponsor-wide assets declined 83.9%, from $228M to $37M.
Which Defined Benefit (Pension) plans are similar in size to Municipal Credit Union Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Iha Occupational Health Services Retirement Plan in VA ($15M, 3 participants).

Next read for Municipal Credit Union Defined Benefit P…

Filing takeaways

Ways to act on Municipal Credit Union Defined Benefit Plan's numbers.

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 135261470.

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.