401(k) · DOL Form 5500 · 2023

Commonwealth One Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
78
Participants Small participant base
53rd
Percentile by assets National rank
$100,406
Avg per participant Below avg balance/head
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Official DOL plan name: Commonwealth One Federal Credit Union 401(k) Plan · Sponsored by Commonwealth One Federal Credit Union · Virginia · Finance & Insurance

$8M in assets, 78 participants

Commonwealth One Federal Credit Union's Commonwealth One Federal Credit Union 401(k) Plan reported $8M in total assets and 78 participants in its 2023 DOL Form 5500 filing, ranking in the 53rd 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.

  • #3,404 in Finance & Insurance (8,869 peers)

Commonwealth One Federal Credit Union multi-year trail

Commonwealth One Federal Credit Union's plans moved +36.6% in assets from 2022 to 2024; this filing shows Commonwealth One Federal Credit Union 401(k) Plan at $8M / 78 participants.

#3,404
in Finance & Insurance (8,869 peers)
+13.1%
assets growth YoY

Commonwealth One Federal Credit Union 401(k) Plan's mid-pack asset rank among Finance & Insurance and all filers

Commonwealth One Federal Credit Union 401(k) Plan vs every filed plan by assets

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

$7,831,665 Top 47% higher than 53% 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

Commonwealth One Federal Credit Union 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Commonwealth One Federal Credit Union 401(k) Plan is a small filing (78 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Commonwealth One Federal Credit Union 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $904K in the plan year 2023 filing.
  • Commonwealth One Federal Credit Union 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Commonwealth One Federal Credit Union 401(k) Plan reported participants rose from 70 in the plan year 2022 filing to 78 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 530197031 · Commonwealth One Federal Credit Union PY 2023 · 401(k)

Commonwealth One Federal Credit Union 401(k) Plan · $8M · 78 · 53rd

  • RANK $8M
  • RANK 78
  • RANK 53rd
  • RANK 401(k)
  • RANK near National Spinning Co., Inc. 401(k) Plan
  • RANK ind #3404

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 →

Commonwealth One Federal Credit Union 401(k) Plan in the asset neighbourhood

Commonwealth One Federal Credit Union 401(k) PlanCommonwealth One Federal Cre…$8MNational Spinning Co., Inc. 401(k) PlanNational Spinning Co., Inc. …$8MSpiniello Companies 401(k) PlanSpiniello Companies 401(k) P…$8MDixie Electric Company, Inc. 401(k) PlanDixie Electric Company, Inc.…$8MCobalt Cattle Company LLC 401(k) PlanCobalt Cattle Company LLC 40…$8M
End-of-year total assets ($M) among Commonwealth One Federal Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Commonwealth One Federal Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All Commonwealth One Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$9M 36.580304762735125% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.93M $9.46M ▲ +36.5%
Year Plans Participants Total Assets
2022 1 70 $7M
2023 1 78 $8M
2024 1 84 $9M

Commonwealth One Federal Credit Union filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$904K
Employer EIN530197031
Plan Effective Date1986-06-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Commonwealth One Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Commonwealth One Federal Credit Union 401(k) Plan, Total assets ($B): 0.007831665 · Participants: 78Commonwealth One Federal Credit Union 401(k) 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
Commonwealth One Federal Credit Union 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Commonwealth One Federal Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is National Spinning Co., Inc. 401(k) Plan in NC ($8M); by covered participants it is Rasi 401(k) Plan in CO (78 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (78 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 Commonwealth One Federal Credit Union 401(k) Plan assets move in 2023?
Commonwealth One Federal Credit Union 401(k) Plan grew at a solid clip - up 13.1% during 2023, from $7M to $8M. Reported net income was $904K.
How have Commonwealth One Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), Commonwealth One Federal Credit Union's sponsor-wide assets grew 36.6%, from $7M to $9M.
Which 401(k) plans are similar in size to Commonwealth One Federal Credit Union 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is National Spinning Co., Inc. 401(k) Plan in NC ($8M, 245 participants).
Which 401(k) plans cover a similar participant headcount to Commonwealth One Federal Credit Union 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Rasi 401(k) Plan in CO (78 participants, N/A in assets).