Navy Federal Credit Union 401(k) match, vesting and fees
What Navy Federal Credit Union's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 104 defined-contribution plans in finance and insurance with 10,000 to 49,999 participants.
| Navy Federal Credit Union: employer contribution per participant | $4,587 | |
| Peer median | $3,632 |
| Navy Federal Credit Union: average balance | $114,103 | |
| Peer median | $158,797 |
| Navy Federal Credit Union: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.04% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $2.6B at the end of plan year 2023 to $3.2B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 28,469 | $3.2B | $129M | $4,587 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 27,904 | $2.6B | $117M | $4,240 | 0.05% | Not published | Form 5500 ↗ |
Other Navy Federal Credit Union plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Navy Federal Credit Union Employees' Retirement Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Navy Federal Credit Union Retirement Plan for German Usd Paid Employees of Military Banking
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal | Schedule C ↗ |
| Independent auditor | Mcconnell & Jones LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Navy Federal Credit Union match 401(k) contributions?
The match terms for the Navy Federal 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $129M in employer contributions, about $4,587 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Navy Federal Credit Union 401(k) match vested?
The vesting schedule for the Navy Federal 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Navy Federal Credit Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Navy Federal Credit Union.
I left Navy Federal Credit Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Navy Federal Credit Union, (703) 206-4772) or the recordkeeper, Fidelity Investments Institutional. The Navy Federal Credit Union old 401(k) page lists the contacts from every plan filing. Find an old Navy Federal Credit Union 401(k)
Data from the public Form 5500 annual reports Navy Federal Credit Union filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Navy Federal Credit Union. Not financial advice. Report a correction · Methodology