Defined Benefit (Pension) · DOL Form 5500 · 2022
Navy Federal Credit Union Pension Plan
Data updated 2026-08-11
- $1.8B
- Total assets
- 16,288
- Participants
- 99th
- Percentile by assets
- $109,597
- Avg per participant
Official DOL plan name: Navy Federal Credit Union Employees' Retirement Plan · Sponsored by Navy Federal Credit Union · Virginia · Finance & Insurance
$1.8B in assets, 16,288 participants
Navy Federal Credit Union's Navy Federal Credit Union Employees' Retirement Plan reported $1.8B in total assets and 16,288 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 139,126 plans)
- #9,137 in Finance & Insurance (9,261 peers)
Coverage in Virginia
Navy Federal Credit Union Employees' Retirement Plan covers 16,288 participants in Virginia, 21x the typical Virginia plan (state average ~782 per filing). Assets: $1.8B.
- $1.8B
- total plan assets (2022 EOY)
- 16,288
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $109,597
- avg assets per participant
The plan reported a net loss of $351M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Navy Federal Credit Union Employees' Retirement Plan reports 16,288 participants - 21x that state average ($1.8B EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $2.1B |
|---|---|
| Net Assets (End of Year) | $1.7B |
| Net Income | -$351M |
| Employer EIN | 530116705 |
| Plan Effective Date | 1958-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Navy Federal Credit Union)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 36,876 | $3.8B |
| 2023 | 2 | 39,410 | $4.7B |
| 2024 | 3 | 43,030 | $5.3B |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Navy Federal Credit Union Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants
- Northrop Grumman Pension Plan $18.3B · 14,867
- Retirement Security Plan $9.4B · 54,531
- Ng Space&mission Systems Corp Salaried Pension Pla $8.1B · 7,799
- Dominion Energy Pension Plan $7.3B · 12,832
- Sheet Metal Workers' National Pension Fund $7.2B · 61,068
Scale composition for Navy Federal Credit Union Employees' Retirement Plan
Navy Federal Credit Union Employees' Retirement Plan reports $1.8B in end-of-year assets across 16,288 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.017% of 93,925,755 covered participants) - about $109,597 per participant (79% of the national average assets-per-participant) . Net income for plan year 2022 was -$351M.
This plan identity (EIN 530116705, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.1B (+16.4%) while covered participants moved from 16,288 to 18,657 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 16,288 | $1.8B | This page |
| 2023 | 16,494 | $2.0B | Open filing |
| 2024 · index core | 18,657 | $2.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Navy Federal 401(k) Savings Plan (401(k), $3.2B, 24,276 participants)
- Navy Federal Credit Union Employees' Retirement Plan (Defined Benefit (Pension), $2.1B, 18,657 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Navy Federal Credit Union Employees' Retirement Plan by total assets, not by location.
- Seafarers Pension Plan (MD) $1.8B · 7,399
- Pricewaterhousecoopers LLP Retirement Accumulation Plan for Partners (FL) $1.8B · 3,819
- Aramco U.S. Retirement Income Plan (TX) $1.8B · 1,745
- Weyerhaeuser Pension Plan (WA) $1.8B · 4,028
Frequently Asked Questions
How did Navy Federal Credit Union Employees' Retirement Plan assets move in 2022? ▼
How have Navy Federal Credit Union plan assets changed over time? ▼
Where does Navy Federal Credit Union Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Navy Federal Credit Union Employees' Retirement Plan? ▼
Next read for Navy Federal Credit Union Employees' Ret…
Filing takeaways
Ways to act on Navy Federal Credit Union Employees' Retirement Plan's numbers.
- By total assets, Navy Federal Credit Union Employees' Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
- Navy Federal Credit Union's sponsor-wide assets have grown 39.5% since 2022 across 3 plan years on file. More Finance & Insurance plans