Newport News Shipbuilding Employees' Credit Union 401(k) match, vesting and fees
What Newport News Shipbuilding Employees' 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 | Ascensus LLC | Schedule C ↗ |
| Independent auditor | Doeren Mayhew Assurance (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 655 defined-contribution plans in finance and insurance with 500 to 999 participants.
| Newport News Shipbuilding Employees' Credit Union: employer contribution per participant | $1,592 | |
| Peer median | $2,935 |
| Newport News Shipbuilding Employees' Credit Union: average balance | $90,082 | |
| Peer median | $92,770 |
| Newport News Shipbuilding Employees' Credit Union: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.15% |
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 $39.6M at the end of plan year 2021 to $48.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 557 | $48.4M | $855K | $1,592 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 520 | $42.2M | $740K | $1,481 | 0.03% | Not published | Form 5500 ↗ |
| 2022 | 491 | $34.4M | $746K | $1,587 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 487 | $39.6M | $655K | $1,431 | 0.05% | Not published | Form 5500 ↗ |
Other Newport News Shipbuilding Employees' Credit Union plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Newport News Shipbuilding Employees' Credit Union Inc 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.
| Independent auditor | Doeren Mayhew Assurance,pc. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Newport News Shipbuilding Employees' Credit Union match 401(k) contributions?
The match terms for the Bayport Credit Union 401(k) Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $855K in employer contributions, about $1,592 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Newport News Shipbuilding Employees' Credit Union 401(k) match vested?
The vesting schedule for the Bayport Credit Union 401(k) Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Newport News Shipbuilding Employees' Credit Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Ascensus LLC. The plan administrator is Newport News Shipbuilding Employees Credit Union, Inc..
I left Newport News Shipbuilding Employees' Credit Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Newport News Shipbuilding Employees Credit Union, Inc., (757) 873-4051) or the recordkeeper, Ascensus LLC. The Newport News Shipbuilding Employees' Credit Union old 401(k) page lists the contacts from every plan filing. Find an old Newport News Shipbuilding Employees' Credit Union 401(k)
Data from the public Form 5500 annual reports Newport News Shipbuilding Employees' Credit Union filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) 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 Newport News Shipbuilding Employees' Credit Union. Not financial advice. Report a correction · Methodology