Defined Benefit (Pension) · DOL Form 5500 · 2023

Navy Mutual Aid Association Pension Plan

Data updated 2026-08-11

$30M
Total assets: 40
Participants: 79th
Percentile by assets: $741,825
Avg per participant

Official DOL plan name: Navy Mutual Aid Association Employees' Retirement Plan · Sponsored by Navy Mutual Aid Association · Virginia · Finance & Insurance

$30M in assets, 40 participants

Navy Mutual Aid Association's Navy Mutual Aid Association Employees' Retirement Plan reported $30M in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

79th percentile by assets (of 127,072 plans)
#6,019 in Finance & Insurance (8,869 peers)

Where Navy Mutual Aid Association Employees' Retirement Plan sits by assets

Navy Mutual Aid Association Employees' Retirement Plan sits in the top quartile of all filed plans by assets, $30M for 40 participants (~$741,825/participant), up 3.7% in 2023.

$30M
total plan assets (2023 EOY): 40
covered participants: 79th
percentile by assets (of 127,072 plans): $741,825
avg assets per participant

Navy Mutual Aid Association Employees' Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $1M in the plan year 2023 filing.
Navy Mutual Aid Association Employees' Retirement Plan reported participants fell from 47 in the plan year 2022 filing to 40 in the plan year 2023 filing.
Navy Mutual Aid Association Employees' Retirement Plan end-of-year assets rose from $29M in the plan year 2022 filing to $30M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Virginia

Industry

Finance & Insurance

Navy Mutual Aid Association Employees' Retirement Plan vs the 2023 asset distribution

By assets, Navy Mutual Aid Association Employees' Retirement Plan outranks 79% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$29M
Net Assets (End of Year)	$30M
Net Income	$1M
Employer EIN	530116720
Plan Effective Date	1965-05-21
Filing Status	FILING RECEIVED

Sponsor Plan History (Navy Mutual Aid Association)

Total plan assets by year, all Navy Mutual Aid Association plans on file

Year	Plans	Participants	Total Assets
2022	2	160	$42M
2023	2	160	$45M
2024	2	160	$49M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Navy Mutual Aid Association Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

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

Compare Navy Mutual Aid Association Employees' R… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Navy Mutual Aid Association Employees' Retirement Plan by total assets, not by location.

Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust (AL) $30M · 80
Frost Brown Todd LLP Cash Balance Pension Plan (KY) $30M · 195
Dentons US LLP Cash Balance Plan (IL) $30M · 166
International Shipholding Corporation Retirement Plan (FL) $30M · 9

Frequently Asked Questions

How did Navy Mutual Aid Association Employees' Retirement Plan assets move in 2023? ▼

Navy Mutual Aid Association Employees' Retirement Plan edged up modestly - up 3.7% during 2023, from $29M to $30M. Reported net income was $1M.

How have Navy Mutual Aid Association plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Navy Mutual Aid Association's sponsor-wide assets grew 15.0%, from $42M to $49M.

Where does Navy Mutual Aid Association Employees' Retirement Plan rank by assets among Form 5500 filers? ▼

Navy Mutual Aid Association Employees' Retirement Plan ranks in the 79th 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 Defined Benefit (Pension) plans are similar in size to Navy Mutual Aid Association Employees' Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Legacy Community Federal Credit Union Cash Balance Defined Benefit Plan and Trust in AL ($30M, 80 participants).

Next read for Navy Mutual Aid Association Employees' R…

Scale reading

Ways to act on Navy Mutual Aid Association Employees' Retirement Plan's numbers.

By total assets, Navy Mutual Aid Association Employees' Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Virginia. Compare plans
Navy Mutual Aid Association's sponsor-wide assets have grown 15.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 530116720.