Defined Benefit (Pension) · DOL Form 5500 · 2022
Navy Federal Credit Union Pension Plan
Data updated 2026-08-25
- $1.8B
- Total assets Very large vs avg
- 16,288
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $109,597
- Avg per participant Below avg balance/head
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.
- #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.
- #9,137
- in Finance & Insurance (9,261 peers)
- -15.7%
- assets change YoY
- 18×
- vs typical plan assets (national mean)
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.
Navy Federal Credit Union Employees' Retirement Plan's outsized position by total assets
Navy Federal Credit Union Employees' Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$1,785,114,955 Top 1% higher than 99% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Navy Federal Credit Union Employees' Retirement Plan's mega-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Navy Federal Credit Union Employees' Retirement Plan is a mega filing (16,288 participants), the rightmost band on the breakdown.
EBSA filing schedule strip
Filing strip 530116705 · Navy Federal Credit Union PY 2022 · Defined Benefit (Pension)
Navy Federal Credit Union Employees' Retirement Plan · $1.8B · 16,288 · 99th
- VS-ST $1.8B
- BOY 16,288
- SCH 99th
- EBSA Defined Benefit (Pension)
- PART near Seafarers Pension Plan
- TYPE ind #9137
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 →
Navy Federal Credit Union Employees' Retirement Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Navy Federal Credit Union plans reported in each filing year
- Latest sponsor-wide plan assets
- $5.3B 39.52446577602286% vs 2022
- 2024 filing year
| 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.
- 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)
Navy Federal Credit Union Employees' Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Seafarers Pension Plan in MD ($1.8B); by covered participants it is IBM Personal Pension Plan in NY (16,431 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($1.8B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (16,288 participants); asset peers above are excluded.
- IBM Personal Pension Plan (NY) 16,431 · 143 off
- Duke Energy Retirement Cash Balance Plan (NC) 16,132 · 156 off
- Ilwu-Pma Pension Plan (CA) 16,522 · 234 off
- Abbvie Pension Plan (IL) 16,037 · 251 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.