401(k) · DOL Form 5500 · 2024

Northwest Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
553
Participants Below avg headcount
92nd
Percentile by assets National rank
$218,481
Avg per participant Above avg balance/head
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Official DOL plan name: Northwest Federal Credit Union 401(k) Savings Plan · Sponsored by Northwest Federal Credit Union · Virginia · Finance & Insurance

$121M in assets, 553 participants

Northwest Federal Credit Union's Northwest Federal Credit Union 401(k) Savings Plan reported $121M in total assets and 553 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,444 in Finance & Insurance (8,549 peers)

Where Northwest Federal Credit Union 401(k) Savings Plan sits by assets

Northwest Federal Credit Union 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $121M for 553 participants (~$218,481/participant), up 13.8% in 2024.

#7,444
in Finance & Insurance (8,549 peers)
+13.8%
assets growth YoY
1.2×
vs typical plan assets (national mean)

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$120,820,056 Top 8% higher than 92% of 123,620 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 2024

Northwest Federal Credit Union 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Northwest Federal Credit Union 401(k) Savings Plan sits mid-pack in the medium band (553 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Northwest Federal Credit Union 401(k) Savings Plan reported net income fell from $17M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Northwest Federal Credit Union 401(k) Savings Plan end-of-year assets rose from $106M in the plan year 2023 filing to $121M in the plan year 2024 filing.
  • Northwest Federal Credit Union 401(k) Savings Plan reported participants fell from 596 in the plan year 2023 filing to 553 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 530216888 · Northwest Federal Credit Union PY 2024 · 401(k)

Northwest Federal Credit Union 401(k) Savings Plan · $121M · 553 · 92nd

  • SCH $121M
  • SCH 553
  • SCH 92nd
  • SCH 401(k)
  • SCH near Request Foods, Inc. Profit Sharing and Savings Plan
  • SCH ind #7444

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 →

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

German American Bancorp, Inc. 401(k) Savings PlanGerman American Bancorp, Inc…$121MNorthwest Federal Credit Union 401(k) Savings PlanNorthwest Federal Credit Uni…$121MRequest Foods, Inc. Profit Sharing and Savings PlanRequest Foods, Inc. Profit S…$121MBrevard Physician Associates 401(k) Profit Sharing PlanBrevard Physician Associates…$121MIsland Employment Services, LLC 401(k) Profit Sharing PlanIsland Employment Services, …$121M
End-of-year total assets ($M) among Northwest Federal Credit Union 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$106M
Net Assets (End of Year)$121M
Net Income$15M
Employer EIN530216888
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Northwest Federal Credit Union)

Sponsor-wide plan assets over time

All Northwest Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$121M 35.61859578604415% vs 2022
2024 filing year
$80M$90M$100M$110M$120M$130M 202220232024 $89.1M $121M ▲ +35.6%
Year Plans Participants Total Assets
2022 1 596 $89M
2023 1 596 $106M
2024 1 553 $121M

Nearby 401(k) Plans in Virginia

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

Northwest Federal Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Northwest Federal Credit Union 401(k) Savings Plan, Total assets ($B): 0.120820056 · Participants: 553Northwest Federal Credit Union 401(k) Savings PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Northwest Federal Credit Union 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Northwest Federal Credit Union 401(k) Savings Plan side-by-side with 3 peers →

Northwest Federal 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 Request Foods, Inc. Profit Sharing and Savings Plan in MI ($121M); by covered participants it is Hitchiner Manufacturing Co., Inc. 401(k) Retirement Savings Plan in NH (553 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (553 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Northwest Federal Credit Union 401(k) Savings Plan assets move in 2024? ▼
Northwest Federal Credit Union 401(k) Savings Plan grew at a solid clip - up 13.8% during 2024, from $106M to $121M. Reported net income was $15M.
How have Northwest Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Northwest Federal Credit Union's sponsor-wide assets grew 35.6%, from $89M to $121M.
Where does Northwest Federal Credit Union 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Northwest Federal Credit Union 401(k) Savings Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Northwest Federal Credit Union 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Request Foods, Inc. Profit Sharing and Savings Plan in MI ($121M, 1,032 participants).
Which 401(k) plans cover a similar participant headcount to Northwest Federal Credit Union 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hitchiner Manufacturing Co., Inc. 401(k) Retirement Savings Plan in NH (553 participants, $60M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 530216888.

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.