401(k) · DOL Form 5500 · 2022

Spectra Credit Union 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
92
Participants Small participant base
73rd
Percentile by assets National rank
$167,057
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spectra Credit Union 401(k) Savings Plan · Sponsored by Spectra Credit Union · Virginia · Finance & Insurance

$15M in assets, 92 participants

Spectra Credit Union's Spectra Credit Union 401(k) Savings Plan reported $15M in total assets and 92 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #5,371 in Finance & Insurance (9,261 peers)

2022 asset change

Spectra Credit Union 401(k) Savings Plan pulled back noticeably 14.8% in 2022 ($18M → $15M) for 92 participants.

#5,371
in Finance & Insurance (9,261 peers)
-14.8%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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

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

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

$15,369,239 Top 27% higher than 73% 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

Spectra Credit Union 401(k) Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Spectra Credit Union 401(k) Savings Plan is a small filing (92 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 530208722 · Spectra Credit Union PY 2022 · 401(k)

Spectra Credit Union 401(k) Savings Plan · $15M · 92 · 73rd

  • EBSA $15M
  • PART 92
  • TYPE 73rd
  • NET 401(k)
  • BOOK near Bean Automotive Group 401(k) Plan
  • VS-ST ind #5371

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 →

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

Spectra Credit Union 401(k) Savings PlanSpectra Credit Union 401(k) …$15MBean Automotive Group 401(k) PlanBean Automotive Group 401(k)…$15MCoates Field Service, Inc. Employees Savings and Profit Sharing PlanCoates Field Service, Inc. E…$15MThe Harvest Group, LLC 401(k) PlanThe Harvest Group, LLC 401(k…$15MCenter City Pcs 401(k) Plan$15M
End-of-year total assets ($M) among Spectra Credit Union 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Spectra Credit Union years around the 2022 move

Sponsor-wide plan assets over time

All Spectra Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$16M 2.978397303861304% vs 2022
2024 filing year
$15.2M$15.4M$15.6M$15.8M$16M 202220232024 $15.4M $15.8M ▲ +3.0%
Year Plans Participants Total Assets
2022 1 92 $15M
2023 1 104 $16M
2024 1 98 $16M

2022 asset-move particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$15M
Net Income-$3M
Employer EIN530208722
Plan Effective Date1997-01-23
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Spectra 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 ($B) Participants Spectra Credit Union 401(k) Savings Plan, Total assets ($B): 0.015369239 · Participants: 92Spectra 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
Spectra Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Spectra 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 Bean Automotive Group 401(k) Plan in FL ($15M); by covered participants it is Republic Companies 401(k) Retirement Plan in IA (92 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

Similar participant headcount

Nearest other-state filings by covered participants (92 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 Spectra Credit Union 401(k) Savings Plan assets move in 2022?
Spectra Credit Union 401(k) Savings Plan pulled back noticeably - down 14.8% during 2022, from $18M to $15M. Reported net income was -$3M.
How have Spectra Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Spectra Credit Union's sponsor-wide assets grew 3.0%, from $15M to $16M.
Which 401(k) plans are similar in size to Spectra Credit Union 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Bean Automotive Group 401(k) Plan in FL ($15M, 561 participants).
Which 401(k) plans cover a similar participant headcount to Spectra Credit Union 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Republic Companies 401(k) Retirement Plan in IA (92 participants, $11M in assets).