Honor Credit Union 401(k) Plan: Login, Facts & Contact Information

Honor Credit Union 401(k) Plan Facts

Plan name
HONOR CREDIT UNION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HONOR CREDIT UNION
Participants
521 (453 active employees)
Former employees with a balance
76
Plan assets
$40,878,399 at Dec 31, 2024
Average account balance
$77,568 across 527 accounts
Employer contributions
$2,290,169 in plan year 2024 (43% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $5.34 million went into the plan in contributions, $2.29 million of it from the employer (43%).
  • $4.02 million was paid out to participants.
  • Investment and other income added $4.67 million.
  • Administrative expenses were $124,314, about $236 per account.

How the Honor Credit Union 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019397$22.2 million$1.51 million$1.94 million
2020383$27.2 million$1.58 million$1.99 million
2021408$32.7 million$1.70 million$2.72 million
2022432$28.7 million$1.72 million$2.42 million
2023473$35.0 million$1.93 million$2.97 million
2024521$40.9 million$2.29 million$4.02 million

Honor Credit Union 401(k) Contact Information

Phone
269-983-6357
Mailing address
8385 EDGEWOOD ROAD, BERRIEN SPRINGS MI 491039004
Plan sponsor
HONOR CREDIT UNION
Employer identification number (EIN)
38-1231023
Plan number
001

Questions about the Honor Credit Union 401(k)

Does Honor Credit Union contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.29 million, 43% of all contributions.

Does the Honor Credit Union 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Honor Credit Union 401(k) plan?

521 participants at the start of plan year 2024, 453 of them active employees, and 76 former employees who still had money in the plan.

What is the average 401(k) balance at Honor Credit Union?

About $77,568 per account: $40.9 million in plan assets across 527 accounts with a balance at the end of plan year 2024.

Who manages the Honor Credit Union 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Honor Credit Union. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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