Defined Benefit (Pension) · DOL Form 5500 · 2024
Newport News Shipbuilding Employees' Credit Union, Inc. Pension Plan
Data updated 2026-08-25
- $98M
- Total assets Below avg plan size
- 391
- Participants Below avg headcount
- 90th
- Percentile by assets National rank
- $249,571
- Avg per participant Above avg balance/head
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.
- #7,252 in Finance & Insurance (8,549 peers)
Coverage in Virginia
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan covers 391 participants in Virginia, about 50% of the average Virginia filer (state average ~782 per filing). Assets: $98M.
- #7,252
- in Finance & Insurance (8,549 peers)
- +8.5%
- assets growth YoY
- 1.0×
- vs typical plan assets (national mean)
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan's outsized position by total assets
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$97,582,087 Top 10% higher than 90% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Newport News Shipbuilding Employees' Credit Union Inc Retirement 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. Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan sits mid-pack in the medium band (391 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- 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.
EBSA filing schedule strip
Filing strip 540314180 · Newport News Shipbuilding Employees' Credit Union, Inc. PY 2024 · Defined Benefit (Pension)
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan · $98M · 391 · 90th
- 5500 $98M
- 5500 391
- 5500 90th
- 5500 Defined Benefit (Pension)
- 5500 near Stepan Company Retirement Plan for Salaried Employees
- 5500 ind #7252
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 →
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan in the asset neighbourhood
Virginia filing particulars
| 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.)
Sponsor-wide plan assets over time
All Newport News Shipbuilding Employees' Credit Union, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $146M 32.22991030057848% vs 2022
- 2024 filing year
| 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.
- 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
Newport News Shipbuilding Employees' Credit Union Inc Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Virginia, the nearest Defined Benefit (Pension) by assets is Stepan Company Retirement Plan for Salaried Employees in IL ($98M); by covered participants it is Nysut Employees Retirement Plan in NY (391 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($98M here).
Similar participant headcount
Nearest other-state filings by covered participants (391 participants); asset peers above are excluded.
- Nysut Employees Retirement Plan (NY) 391 · 0 off
- International Association of Heat and Frost Insula and Allied Workers Local No. 1 Pension Plan (MO) 391 · 0 off
- Gatx Corporation Noncontributory Pension Plan for Hourly Employees (IL) 392 · 1 off
- Heat and Frost Insulators Pension Plan (MI) 390 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.