401(k) · DOL Form 5500 · 2022
Navy Federal Credit Union 401(k) Plan
Data updated 2026-08-25
- $2.0B
- Total assets Very large vs avg
- 20,588
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $97,710
- Avg per participant Below avg balance/head
Official DOL plan name: Navy Federal 401(k) Savings Plan · Sponsored by Navy Federal Credit Union · Virginia · Finance & Insurance
$2.0B in assets, 20,588 participants
Navy Federal Credit Union's Navy Federal 401(k) Savings Plan reported $2.0B in total assets and 20,588 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.
- #9,147 in Finance & Insurance (9,261 peers)
Coverage in Virginia
Navy Federal 401(k) Savings Plan covers 20,588 participants in Virginia, 26x the typical Virginia plan (state average ~782 per filing). Assets: $2.0B.
- #9,147
- in Finance & Insurance (9,261 peers)
- -10.7%
- assets change YoY
- 20×
- vs typical plan assets (national mean)
The plan reported a net loss of $242M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Navy Federal 401(k) Savings Plan's outsized position by total assets
Navy Federal 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$2,011,644,666 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 401(k) Savings 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 401(k) Savings Plan is a mega filing (20,588 participants), the rightmost band on the breakdown.
Plan-year Form 5500 strip
Filing strip 530116705 · Navy Federal Credit Union PY 2022 · 401(k)
Navy Federal 401(k) Savings Plan · $2.0B · 20,588 · 99th
- 5500 $2.0B
- 5500 20,588
- 5500 99th
- 5500 401(k)
- 5500 near Lifepoint Health, Inc. Retirement Plan
- 5500 ind #9147
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 401(k) Savings Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $2.3B |
|---|---|
| Net Assets (End of Year) | $2.0B |
| Net Income | -$242M |
| Employer EIN | 530116705 |
| Plan Effective Date | 1997-01-01 |
| 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 401(k) Plans in Virginia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Savings Plan $32.6B · 92,420
- 401(k) Pension Plan $13.0B · 61,481
- General Dynamics Corporation 401(k) Plan 6.0 $9.6B · 36,822
- Leidos, Inc. Retirement Plan $8.7B · 26,125
- Bae Systems Employees' Savings and Investment Plan $8.2B · 31,556
Scale composition for Navy Federal 401(k) Savings Plan
Navy Federal 401(k) Savings Plan reports $2.0B in end-of-year assets across 20,588 participants (0.016% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.022% of 93,925,755 covered participants) - about $97,710 per participant (71% of the national average assets-per-participant) . Net income for plan year 2022 was -$242M.
This plan identity (EIN 530116705, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.0B to $3.2B (+59.4%) while covered participants moved from 20,588 to 24,276 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 20,588 | $2.0B | This page |
| 2023 | 22,916 | $2.6B | Open filing |
| 2024 · index core | 24,276 | $3.2B | 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 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Virginia, the nearest 401(k) by assets is Lifepoint Health, Inc. Retirement Plan in TN ($2.0B); by covered participants it is Takeda Pharmaceutical U.S.a., Inc. Savings and Retirement Plan in IL (20,597 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.0B here).
- Lifepoint Health, Inc. Retirement Plan (TN) $2.0B · 42,978
- Gapshare 401(k) Plan (CA) $2.0B · 33,570
- Lyondellbasell Savings Plan (TX) $2.0B · 7,764
- Savings Plus Plan, Lam Research 401(k) (CA) $2.0B · 8,565
Similar participant headcount
Nearest other-state filings by covered participants (20,588 participants); asset peers above are excluded.
- Takeda Pharmaceutical U.S.a., Inc. Savings and Retirement Plan (IL) 20,597 · 9 off
- Life Time and Its Affiliates 401(k) Plan (MN) 20,563 · 25 off
- Keurig Dr Pepper 401(k) Plan (TX) 20,642 · 54 off
- Adt Security Corporation Retirement Savings and Investment Plan (FL) 20,647 · 59 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.