Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

VIRGINIA CREDIT UNION, INC.

This Defined Benefit (Pension) plan holds $78M in total assets and serves 609 participants as of 2022. It is sponsored by VIRGINIA CREDIT UNION, INC. in Virginia. The plan reported a net loss of $4M for the year.

Total Assets (2023)
$78M
Participants
609
State
Industry
Finance & Insurance

What the Filing Says About VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN

VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN is a Defined Benefit (Pension) retirement plan sponsored by VIRGINIA CREDIT UNION, INC., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $78M in total end-of-year assets and covers 609 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 540578719, and the plan has been effective since 1972-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $82M at the beginning of 2022 to $78M at year-end — a decline of 4.7%. Net assets (after liabilities) closed the year at $78M, with reported net income of $-3,831,237 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$82M
Total Assets (End of Year)$78M
Net Assets (End of Year)$78M
Net Income$-3,831,237
Plan TypeDefined Benefit (Pension)
Employer EIN540578719
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (VIRGINIA CREDIT UNION, INC.)

Year Plans Participants Total Assets
2022 2 1,329 $153M
2023 2 1,366 $187M
2024 2 1,417 $215M

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN?
As of the 2022 Form 5500 filing, VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN holds $78M in total assets with 609 participants. It is sponsored by VIRGINIA CREDIT UNION, INC..
What type of plan is VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN?
VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN is a Defined Benefit (Pension) plan. It has been effective since 1972-01-01. The plan is filed with the U.S. Department of Labor under EIN 540578719.
Who sponsors the VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN?
VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN is sponsored by VIRGINIA CREDIT UNION, INC., located in Virginia. The sponsor's EIN is 540578719 and the plan operates in the Finance & Insurance industry.
How did VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN perform in 2022?
VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN declined by 4.7% during 2022, moving from $82M to $78M in total assets. Net income was $-3,831,237.
Where can I find official filings for VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN?
Official Form 5500 filings for VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 540578719 or plan name at efast.dol.gov.
How does VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN compare to other plans?
You can compare VIRGINIA CREDIT UNION, INC. DEFINED BENEFIT PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 540578719.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.