Defined Benefit (Pension) · DOL Form 5500 · 2024

Newport News Shipbuilding Employees' Credit Union, Inc. Pension Plan

Data updated 2026-08-06

$98M
Total assets: 391
Participants: 90th
Percentile by assets: $249,571
Avg per participant

Official DOL plan name: Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan · Sponsored by Newport News Shipbuilding Employees' Credit Union, Inc. · Virginia · Finance & Insurance

$98M in assets, 391 participants

Newport News Shipbuilding Employees' Credit Union, Inc.'s Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan reported $98M in total assets and 391 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 116,472 plans)
#7,006 in Finance & Insurance (8,240 peers)

Where Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan sits by assets

Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan sits in the top 10% of all filed plans by assets, $98M for 391 participants (~$249,571/participant), up 8.5% in 2024.

$98M
total plan assets (2024 EOY): 391
covered participants: 90th
percentile by assets (of 116,472 plans): $249,571
avg assets per participant

Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan reported net income fell from $12M in the plan year 2023 filing to $7M in the plan year 2024 filing.
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan end-of-year assets rose from $90M in the plan year 2023 filing to $98M in the plan year 2024 filing.
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan reported participants rose from 381 in the plan year 2023 filing to 391 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Finance & Insurance

Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan vs the 2024 asset distribution

By assets, Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan outranks 90% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$90M
Net Assets (End of Year)	$95M
Net Income	$7M
Employer EIN	540314180
Plan Effective Date	1957-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Newport News Shipbuilding Employees' Credit Union, Inc.)

Total plan assets by year, all Newport News Shipbuilding Employees' Credit Union, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	797	$110M
2023	2	801	$132M
2024	2	828	$146M

Nearby Defined Benefit (Pension) Plans in Virginia

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

Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Northrop Grumman Pension Plan $18.8B · 12,678
Retirement Security Plan $11.5B · 56,633
Sheet Metal Workers' National Pension Fund $8.9B · 63,530
Ng Space&mission Systems Corp Salaried Pension Pla $8.4B · 6,737
Dominion Energy Pension Plan $8.3B · 11,758

Compare Newport News Shipbuilding Employees' Cre… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan by total assets, not by location.

Stepan Company Retirement Plan for Salaried Employees (IL) $98M · 150
Alon USA Pension Plan (TN) $98M · 149
Truman Medical Centers Cash Balance Retirement Plan (MO) $98M · 860
Constellation Cash Balance Pension Plan for Bargaining Unit Employees (PA) $97M · 1,144

Frequently Asked Questions

How did Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan assets move in 2024? ▼

Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan grew at a solid clip - up 8.5% during 2024, from $90M to $98M. Reported net income was $7M.

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 Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan rank by assets among Form 5500 filers? ▼

Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan ranks in the 90th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which Defined Benefit (Pension) plans are similar in size to Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan? ▼

Among Defined Benefit (Pension) plans in other states, the closest by assets is Stepan Company Retirement Plan for Salaried Employees in IL ($98M, 150 participants).

Next read for Newport News Shipbuilding Employees' Cre…

Scale reading

Ways to act on Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan's numbers.

By total assets, Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan ranks in the top 10% 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
Newport News Shipbuilding Employees' Credit Union, Inc.'s sponsor-wide assets have grown 32.2% 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 540314180.