401(k) · DOL Form 5500 · 2022

Northwest Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$89M
Total assets Below avg plan size
596
Participants Below avg headcount
92nd
Percentile by assets National rank
$149,477
Avg per participant Above avg balance/head
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Official DOL plan name: Northwest Federal Credit Union 401(k) Savings Plan · Sponsored by Northwest Federal Credit Union · Virginia · Finance & Insurance

$89M in assets, 596 participants

Northwest Federal Credit Union's Northwest Federal Credit Union 401(k) Savings Plan reported $89M in total assets and 596 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • #8,091 in Finance & Insurance (9,261 peers)

Where Northwest Federal Credit Union 401(k) Savings Plan sits by assets

Northwest Federal Credit Union 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $89M for 596 participants (~$149,477/participant), down 14.3% in 2022.

#8,091
in Finance & Insurance (9,261 peers)
-14.3%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Northwest Federal Credit Union 401(k) Savings Plan's outsized position by total assets

Northwest Federal Credit Union 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$89,088,119 Top 8% higher than 92% of 139,123 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 2022

Northwest Federal Credit Union 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwest Federal Credit Union 401(k) Savings Plan sits mid-pack in the medium band (596 participants).

Form 5500 schedule snapshot

Filing strip 530216888 · Northwest Federal Credit Union PY 2022 · 401(k)

Northwest Federal Credit Union 401(k) Savings Plan · $89M · 596 · 92nd

  • IND $89M
  • IND 596
  • IND 92nd
  • IND 401(k)
  • IND near Mckenney's, Inc. and Affiliated Companies Profit Sharing and 401(k) Plan
  • IND ind #8091

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 Virginia →

Northwest Federal Credit Union 401(k) Savings Plan in the asset neighbourhood

Half Price Books 401(k) Profit Sharing PlanHalf Price Books 401(k) Prof…$89MChegg 401(k) Savings Plan$89MMckenney's, Inc. and Affiliated Companies Profit Sharing and 401(k) PlanMckenney's, Inc. and Affilia…$89MNorthwest Federal Credit Union 401(k) Savings PlanNorthwest Federal Credit Uni…$89MRoper Employee Voluntary Retirement PlanRoper Employee Voluntary Ret…$89M
End-of-year total assets ($M) among Northwest Federal Credit Union 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$104M
Net Assets (End of Year)$89M
Net Income-$15M
Employer EIN530216888
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Federal Credit Union)

Sponsor-wide plan assets over time

All Northwest Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$121M 35.61859578604415% vs 2022
2024 filing year
$80M$90M$100M$110M$120M$130M 202220232024 $89.1M $121M ▲ +35.6%
Year Plans Participants Total Assets
2022 1 596 $89M
2023 1 596 $106M
2024 1 553 $121M

Nearby 401(k) Plans in Virginia

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

Northwest Federal Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Northwest Federal Credit Union 401(k) Savings Plan, Total assets ($B): 0.089088119 · Participants: 596Northwest Federal Credit Union 401(k) Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Northwest Federal Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Northwest Federal Credit Union 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Mckenney's, Inc. and Affiliated Companies Profit Sharing and 401(k) Plan in GA ($89M); by covered participants it is Nhk Seating of America Inc 401(k) Profit Sharing Plan & Trust in IN (596 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (596 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northwest Federal Credit Union 401(k) Savings Plan assets move in 2022?
Northwest Federal Credit Union 401(k) Savings Plan pulled back noticeably - down 14.3% during 2022, from $104M to $89M. Reported net income was -$15M.
How have Northwest Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Northwest Federal Credit Union's sponsor-wide assets grew 35.6%, from $89M to $121M.
Where does Northwest Federal Credit Union 401(k) Savings Plan rank by assets among Form 5500 filers?
Northwest Federal Credit Union 401(k) Savings Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Northwest Federal Credit Union 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Mckenney's, Inc. and Affiliated Companies Profit Sharing and 401(k) Plan in GA ($89M, 1,414 participants).
Which 401(k) plans cover a similar participant headcount to Northwest Federal Credit Union 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Nhk Seating of America Inc 401(k) Profit Sharing Plan & Trust in IN (596 participants, $15M in assets).