401(k) · DOL Form 5500 · 2022

Newport News Shipbuilding Employees Credit Union ,Inc. 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
423
Participants Below avg headcount
84th
Percentile by assets National rank
$81,242
Avg per participant Below avg balance/head
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Official DOL plan name: Bayport Credit Union 401(k) Plan and Trust · Sponsored by Newport News Shipbuilding Employees Credit Union ,Inc. · Virginia · Finance & Insurance

$34M in assets, 423 participants

Newport News Shipbuilding Employees Credit Union ,Inc.'s Bayport Credit Union 401(k) Plan and Trust reported $34M in total assets and 423 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,925 in Finance & Insurance (9,261 peers)

Where Bayport Credit Union 401(k) Plan and Trust sits by assets

Bayport Credit Union 401(k) Plan and Trust sits in the top quartile of all filed plans by assets, $34M for 423 participants (~$81,242/participant), down 13.2% in 2022.

#6,925
in Finance & Insurance (9,261 peers)
-13.2%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bayport Credit Union 401(k) Plan and Trust's outsized position by total assets

Bayport Credit Union 401(k) Plan and Trust vs every filed plan by assets

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

$34,365,297 Top 16% higher than 84% 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

Bayport Credit Union 401(k) Plan and Trust 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. Bayport Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (423 participants).

Plan-year Form 5500 strip

Filing strip 540314180 · Newport News Shipbuilding Employees Credit Union ,Inc. PY 2022 · 401(k)

Bayport Credit Union 401(k) Plan and Trust · $34M · 423 · 84th

  • NET $34M
  • BOOK 423
  • VS-ST 84th
  • BOY 401(k)
  • SCH near Maxitrol Company Employees Profit Sharing Plan & Trust
  • EBSA ind #6925

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 →

Bayport Credit Union 401(k) Plan and Trust in the asset neighbourhood

Bayport Credit Union 401(k) Plan and TrustBayport Credit Union 401(k) …$34MMaxitrol Company Employees Profit Sharing Plan & TrustMaxitrol Company Employees P…$34MAdvario North American LLC Defined Contribution Retirement PlanAdvario North American LLC D…$34MPeninsula Truck Lines, Inc. 401(k) Retirement PlanPeninsula Truck Lines, Inc. …$34MMazda Toyota Manufacturing, U. S. a. 401(k) PlanMazda Toyota Manufacturing, …$34M
End-of-year total assets ($M) among Bayport Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$34M
Net Income-$5M
Employer EIN540314180
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newport News Shipbuilding Employees Credit Union ,Inc.)

Sponsor-wide plan assets over time

All Newport News Shipbuilding Employees Credit Union ,Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$146M 32.22991030057848% vs 2022
2024 filing year
$100M$120M$140M$160M 202220232024 $110M $146M ▲ +32.2%
Year Plans Participants Total Assets
2022 2 797 $110M
2023 2 801 $132M
2024 2 828 $146M

Nearby 401(k) Plans in Virginia

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

Bayport Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Bayport Credit Union 401(k) Plan and Trust, Total assets ($B): 0.034365297 · Participants: 423Bayport Credit Union 401(k) Plan and TrustNorthrop 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
Bayport Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Bayport Credit Union 401(k) Plan and Trust side-by-side with 3 peers →

Bayport Credit Union 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Maxitrol Company Employees Profit Sharing Plan & Trust in MI ($34M); by covered participants it is Intercontinental Terminals Company LLC 401(k) Plan in TX (423 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (423 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 Bayport Credit Union 401(k) Plan and Trust assets move in 2022? ▼
Bayport Credit Union 401(k) Plan and Trust pulled back noticeably - down 13.2% during 2022, from $40M to $34M. Reported net income was -$5M.
How have Newport News Shipbuilding Employees Credit Union ,Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newport News Shipbuilding Employees Credit Union ,Inc.'s sponsor-wide assets grew 32.2%, from $110M to $146M.
Where does Bayport Credit Union 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Bayport Credit Union 401(k) Plan and Trust ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Bayport Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Maxitrol Company Employees Profit Sharing Plan & Trust in MI ($34M, 225 participants).
Which 401(k) plans cover a similar participant headcount to Bayport Credit Union 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Intercontinental Terminals Company LLC 401(k) Plan in TX (423 participants, $71M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540314180.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.