401(k) · DOL Form 5500 · 2023

Chartway Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
540
Participants Below avg headcount
82nd
Percentile by assets National rank
$70,852
Avg per participant Below avg balance/head
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Official DOL plan name: Chartway Federal Credit Union 401(k) Retirement Savings Plan · Sponsored by Chartway Federal Credit Union · Virginia · Finance & Insurance

$38M in assets, 540 participants

Chartway Federal Credit Union's Chartway Federal Credit Union 401(k) Retirement Savings Plan reported $38M in total assets and 540 participants in its 2023 DOL Form 5500 filing, ranking in the 82nd 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.

  • #6,488 in Finance & Insurance (8,869 peers)

Where Chartway Federal Credit Union 401(k) Retirement Savings Plan sits by assets

Chartway Federal Credit Union 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $38M for 540 participants (~$70,852/participant), up 21.0% in 2023.

#6,488
in Finance & Insurance (8,869 peers)
+21.0%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Chartway Federal Credit Union 401(k) Retirement Savings Plan's outsized position by total assets

Chartway Federal Credit Union 401(k) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$38,260,174 Top 18% higher than 82% of 127,068 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 2023

Chartway Federal Credit Union 401(k) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Chartway Federal Credit Union 401(k) Retirement Savings Plan sits mid-pack in the medium band (540 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Chartway Federal Credit Union 401(k) Retirement Savings Plan reported net income rose from -$5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Chartway Federal Credit Union 401(k) Retirement Savings Plan end-of-year assets rose from $32M in the plan year 2022 filing to $38M in the plan year 2023 filing.
  • Chartway Federal Credit Union 401(k) Retirement Savings Plan reported participants rose from 507 in the plan year 2022 filing to 540 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 540674620 · Chartway Federal Credit Union PY 2023 · 401(k)

Chartway Federal Credit Union 401(k) Retirement Savings Plan · $38M · 540 · 82nd

  • BOOK $38M
  • BOOK 540
  • BOOK 82nd
  • BOOK 401(k)
  • BOOK near Safe-Guard Products International, LLC 401(k) Plan
  • BOOK ind #6488

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 →

Chartway Federal Credit Union 401(k) Retirement Savings Plan in the asset neighbourhood

Lazer Spot, Inc. 401(k) Plan$38MChartway Federal Credit Union 401(k) Retirement Savings PlanChartway Federal Credit Unio…$38MSafe-Guard Products International, LLC 401(k) PlanSafe-Guard Products Internat…$38MReliaquest, LLC 401(k) Plan$38MSterling Products, Inc. 401(k) Savings and Retirement PlanSterling Products, Inc. 401(…$38M
End-of-year total assets ($M) among Chartway Federal Credit Union 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$38M
Net Income$7M
Employer EIN540674620
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chartway Federal Credit Union)

Sponsor-wide plan assets over time

All Chartway Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$45M 41.53626027227461% vs 2022
2024 filing year
$30M$35M$40M$45M$50M 202220232024 $31.6M $44.8M ▲ +41.5%
Year Plans Participants Total Assets
2022 1 507 $32M
2023 1 540 $38M
2024 1 550 $45M

Nearby 401(k) Plans in Virginia

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

Chartway Federal Credit Union 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Chartway Federal Credit Union 401(k) Retirement Savings Plan, Total assets ($B): 0.038260174 · Participants: 540Chartway Federal Credit Union 401(k) Retirement Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Chartway Federal Credit Union 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Chartway Federal Credit Union 401(k) Retirement Savings Plan side-by-side with 3 peers →

Chartway Federal Credit Union 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Safe-Guard Products International, LLC 401(k) Plan in GA ($38M); by covered participants it is 31-W Insulation Co., Inc. Profit Sharing and Retirement Savings Plan in TN (540 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (540 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Chartway Federal Credit Union 401(k) Retirement Savings Plan assets move in 2023? ▼
Chartway Federal Credit Union 401(k) Retirement Savings Plan grew sharply - up 21.0% during 2023, from $32M to $38M. Reported net income was $7M.
How have Chartway Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Chartway Federal Credit Union's sponsor-wide assets grew 41.5%, from $32M to $45M.
Where does Chartway Federal Credit Union 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Chartway Federal Credit Union 401(k) Retirement Savings Plan ranks in the 82nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Chartway Federal Credit Union 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Safe-Guard Products International, LLC 401(k) Plan in GA ($38M, 584 participants).
Which 401(k) plans cover a similar participant headcount to Chartway Federal Credit Union 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is 31-W Insulation Co., Inc. Profit Sharing and Retirement Savings Plan in TN (540 participants, $13M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540674620.

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.