401(k) · DOL Form 5500 · 2023

Spectra Credit Union 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
104
Participants Small participant base
68th
Percentile by assets National rank
$149,973
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Spectra Credit Union 401(k) Savings Plan · Sponsored by Spectra Credit Union · Virginia · Finance & Insurance

$16M in assets, 104 participants

Spectra Credit Union's Spectra Credit Union 401(k) Savings Plan reported $16M in total assets and 104 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #4,727 in Finance & Insurance (8,869 peers)

Coverage in Virginia

Spectra Credit Union 401(k) Savings Plan covers 104 participants in Virginia, about 13% of the average Virginia filer (state average ~782 per filing). Assets: $16M.

#4,727
in Finance & Insurance (8,869 peers)
+1.5%
assets growth YoY

Spectra Credit Union 401(k) Savings Plan's outsized position by total assets

Spectra Credit Union 401(k) Savings Plan vs every filed plan by assets

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

$15,597,213 Top 32% higher than 68% 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

Spectra Credit Union 401(k) 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. Spectra Credit Union 401(k) Savings Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Spectra Credit Union 401(k) Savings Plan reported net income rose from -$3M in the plan year 2022 filing to $303K in the plan year 2023 filing.
  • Spectra Credit Union 401(k) Savings Plan reported participants rose from 92 in the plan year 2022 filing to 104 in the plan year 2023 filing.
  • Spectra Credit Union 401(k) Savings Plan end-of-year assets rose from $15M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 530208722 · Spectra Credit Union PY 2023 · 401(k)

Spectra Credit Union 401(k) Savings Plan · $16M · 104 · 68th

  • ASSETS $16M
  • PCT 104
  • EIN 68th
  • RANK 401(k)
  • PHOTO near Lynch Management Company 401(k) Plan
  • IND ind #4727

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 →

Spectra Credit Union 401(k) Savings Plan in the asset neighbourhood

Spectra Credit Union 401(k) Savings PlanSpectra Credit Union 401(k) …$16MLynch Management Company 401(k) PlanLynch Management Company 401…$16MDucker Carlisle LLC 401(k) PlanDucker Carlisle LLC 401(k) P…$16MBoston Brace International, Inc. 401(k) PlanBoston Brace International, …$16MFlock Group 401(k) Plan$16M
End-of-year total assets ($M) among Spectra Credit Union 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$16M
Net Income$303K
Employer EIN530208722
Plan Effective Date1997-01-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Spectra Credit Union)

Sponsor-wide plan assets over time

All Spectra Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$16M 2.978397303861304% vs 2022
2024 filing year
$15.2M$15.4M$15.6M$15.8M$16M 202220232024 $15.4M $15.8M ▲ +3.0%
Year Plans Participants Total Assets
2022 1 92 $15M
2023 1 104 $16M
2024 1 98 $16M

Nearby 401(k) Plans in Virginia

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

Spectra Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Spectra Credit Union 401(k) Savings Plan, Total assets ($B): 0.015597213 · Participants: 104Spectra Credit Union 401(k) 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
Spectra Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Spectra Credit Union 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Lynch Management Company 401(k) Plan in FL ($16M); by covered participants it is Penn Automotive, Inc. 401(k) Plan in MI (104 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (104 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 Spectra Credit Union 401(k) Savings Plan assets move in 2023? ▼
Spectra Credit Union 401(k) Savings Plan edged up modestly - up 1.5% during 2023, from $15M to $16M. Reported net income was $303K.
How have Spectra Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Spectra Credit Union's sponsor-wide assets grew 3.0%, from $15M to $16M.
Which 401(k) plans are similar in size to Spectra Credit Union 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lynch Management Company 401(k) Plan in FL ($16M, 188 participants).
Which 401(k) plans cover a similar participant headcount to Spectra Credit Union 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Penn Automotive, Inc. 401(k) Plan in MI (104 participants, N/A 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 530208722.

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.