2023 Form 5500 filing — Bayport Credit Union 401(K) Plan And Trust

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007082016NAL0007416451001) for Bayport Credit Union 401(K) Plan And Trust, reported by Newport News Shipbuilding Employees Credit Union ,Inc. under EIN 54-0314180 and plan number 002. It reports 494 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$42.2MReported net assets$42,200,762
Participants494
Provider compensation$32.5K1 Schedule C row(s)$32,471
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241007082016NAL0007416451001
Plan sponsor
Newport News Shipbuilding Employees Credit Union ,Inc.
EIN
54-0314180
Plan number
002
Location
Newport News, VA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$42.2M total assets
Net assets$42.2MLiabilities$0
Money in vs. money out
Total income / additions$9.1M
Total expenses$1.2M
Benefits paid / distributions$1.2M
Contributions
Employer$740.3K
Participant$1.9M
Full reported line items
Total assets (EOY)
$42,200,762
Total liabilities (EOY)
$0
Net assets (EOY)
$42,200,762
Employer contributions
$740,305
Participant contributions
$1,868,340
Total income / additions
$9,071,094
Benefits paid
$1,221,885
Administrative expenses
$10,100
Total expenses
$1,235,629
Net increase / (decrease)
$7,835,465
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    NONE · Direct $10.1K · Indirect $22.4K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241007082016NAL0007416451001 cover?
It is the 2023 Form 5500 filing for Bayport Credit Union 401(K) Plan And Trust, reported by Newport News Shipbuilding Employees Credit Union ,Inc. (EIN 54-0314180).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages