Defined Benefit (Pension) · DOL Form 5500 · 2023
Newport News Shipbuilding Employees' Credit Union, Inc. Pension Plan
Data updated 2026-08-25
- $90M
- Total assets Below avg plan size
- 381
- Participants Below avg headcount
- 91st
- Percentile by assets National rank
- $236,067
- Avg per participant Above avg balance/head
Official DOL plan name: Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan · Sponsored by Newport News Shipbuilding Employees' Credit Union, Inc. · Virginia · Finance & Insurance
$90M in assets, 381 participants
Newport News Shipbuilding Employees' Credit Union, Inc.'s Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan reported $90M in total assets and 381 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- #7,576 in Finance & Insurance (8,869 peers)
Coverage in Virginia
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan covers 381 participants in Virginia, about 49% of the average Virginia filer (state average ~782 per filing). Assets: $90M.
- #7,576
- in Finance & Insurance (8,869 peers)
- +18.3%
- assets growth YoY
- 0.9×
- vs typical plan assets (national mean)
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan's outsized position by total assets
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$89,941,400 Top 9% higher than 91% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Newport News Shipbuilding Employees' Credit Union Inc Retirement 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. Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan sits mid-pack in the medium band (381 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan reported net income rose from -$17M in the plan year 2022 filing to $12M in the plan year 2023 filing.
- Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan end-of-year assets rose from $76M in the plan year 2022 filing to $90M in the plan year 2023 filing.
- Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan reported participants rose from 374 in the plan year 2022 filing to 381 in the plan year 2023 filing.
DOL schedule card
Filing strip 540314180 · Newport News Shipbuilding Employees' Credit Union, Inc. PY 2023 · Defined Benefit (Pension)
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan · $90M · 381 · 91st
- PART $90M
- TYPE 381
- NET 91st
- BOOK Defined Benefit (Pension)
- VS-ST near Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan
- BOY ind #7576
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 →
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan in the asset neighbourhood
Virginia filing particulars
| Total Assets (Beginning of Year) | $76M |
|---|---|
| Net Assets (End of Year) | $88M |
| Net Income | $12M |
| Employer EIN | 540314180 |
| Plan Effective Date | 1957-10-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 797 | $110M |
| 2023 | 2 | 801 | $132M |
| 2024 | 2 | 828 | $146M |
Nearby Defined Benefit (Pension) Plans in Virginia
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Northrop Grumman Pension Plan $19.1B · 13,674
- Retirement Security Plan $10.2B · 54,171
- Ng Space&mission Systems Corp Salaried Pension Pla $8.5B · 7,117
- Sheet Metal Workers' National Pension Fund $8.3B · 61,272
- Dominion Energy Pension Plan $7.6B · 12,263
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Michigan Upper Peninsula Intrl Brotherhood of Elec Workers Pension Plan in MI ($90M); by covered participants it is Christian Labor Assn Pension Trust Defined Benefit Plan in MN (381 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($90M here).
Similar participant headcount
Nearest other-state filings by covered participants (381 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.