401(k) · DOL Form 5500 · 2023

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

Data updated 2026-08-25

$42M
Total assets Below avg plan size
420
Participants Below avg headcount
84th
Percentile by assets National rank
$100,478
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

$42M in assets, 420 participants

Newport News Shipbuilding Employees Credit Union ,Inc.'s Bayport Credit Union 401(k) Plan and Trust reported $42M in total assets and 420 participants in its 2023 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.

  • #6,651 in Finance & Insurance (8,869 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, $42M for 420 participants (~$100,478/participant), up 22.8% in 2023.

#6,651
in Finance & Insurance (8,869 peers)
+22.8%
assets growth YoY
0.4×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$42,200,762 Top 16% higher than 84% 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

Bayport Credit Union 401(k) Plan and Trust 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. Bayport Credit Union 401(k) Plan and Trust sits mid-pack in the medium band (420 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bayport Credit Union 401(k) Plan and Trust reported net income rose from -$5M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Bayport Credit Union 401(k) Plan and Trust end-of-year assets rose from $34M in the plan year 2022 filing to $42M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 540314180 · Newport News Shipbuilding Employees Credit Union ,Inc. PY 2023 · 401(k)

Bayport Credit Union 401(k) Plan and Trust · $42M · 420 · 84th

  • BOOK $42M
  • VS-ST 420
  • BOY 84th
  • SCH 401(k)
  • EBSA near Retirement and Savings Plan for Employees of Nikko Hotels
  • PART ind #6651

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) …$42MRetirement and Savings Plan for Employees of Nikko HotelsRetirement and Savings Plan …$42ME. O. Johnson Company, Inc. 401(k) Profit Sharing PlanE. O. Johnson Company, Inc. …$42MRichardson 401(k) Plan$42MWimberly Allison Tong & Goo, Inc. 401(k) Profit Sharing PlanWimberly Allison Tong & Goo,…$42M
End-of-year total assets ($M) among Bayport Credit Union 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$42M
Net Income$8M
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. -50000050000100000150000 -10010203040 Total assets ($B) Participants Bayport Credit Union 401(k) Plan and Trust, Total assets ($B): 0.042200762 · Participants: 420Bayport Credit Union 401(k) Plan and TrustNorthrop 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
Bayport Credit Union 401(k) Plan and Trust vs. nearby 401(k) plans in Virginia, assets vs. participants

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 Retirement and Savings Plan for Employees of Nikko Hotels in CA ($42M); by covered participants it is Mitsui Kinzoku North American 401(k) Retirement Plan in IN (420 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (420 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 Bayport Credit Union 401(k) Plan and Trust assets move in 2023?
Bayport Credit Union 401(k) Plan and Trust grew sharply - up 22.8% during 2023, from $34M to $42M. Reported net income was $8M.
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 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 Bayport Credit Union 401(k) Plan and Trust?
Among 401(k) plans in other states, the closest by assets is Retirement and Savings Plan for Employees of Nikko Hotels in CA ($42M, 179 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 Mitsui Kinzoku North American 401(k) Retirement Plan in IN (420 participants, $36M in assets).