Plan Ledger DOL Form 5500 · updated monthly

Northwest Federal Credit Union401(k)

NORTHWEST FEDERAL CREDIT UNION 401(K) SAVINGS PLAN · HERNDON, VA · plan year 2025

Reported admin expense ratio · 2025
0.06%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Northwest Federal Credit Union reported $73,035 in plan administrative expenses for 2025: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,881 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.061% to 0.057%. The plan sits in the $50M–$250M size bracket, benchmarked here against 605 comparable plans and shown alongside other finance & insurance employers. By assets it is the 217th-largest of 2,266 plans among Virginia employers on file, and the 800th of 4,798 in finance & insurance. In 2025, employees put in $1.55 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$133,343,483
Participants with balances796
Active participants557
Employer contributions$3,275,455
Employee contributions$5,083,679
Employer contribution per active participant$5,881
Average account balance$167,517
Benefits paid to participants$14,787,687
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$133.3M · 796 accts · $3.3M emplr
2024$120.8M · 789 accts · $3.1M emplr
2023$106.2M · 809 accts · $3.1M emplr
2022$89.1M · 841 accts · $3.0M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$60,625
Audit (IQPA)$12,410
Total administrative$73,035
The Northwest Federal Credit Union 401(k) match · 2025
Employer contribution per active participant$5,881
Median for plans this size$4,093
2025$5,881 per active participant
2024$5,721 per active participant
2023$5,586 per active participant
2022$5,032 per active participant

Northwest Federal Credit Union's 2025 employer contribution ran above the $4,093 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
T ROWE PRICE RPS INC · Recordkeeping · Trustee$60,654
CLIFTON LARSON ALLEN LLP · Accounting / audit$12,410
CHARLES SCHWAB & CO., INC. · Securities brokerage$200

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025T. Rowe Price
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history4
2025$73,035 · 0.06%
2024$74,008 · 0.07%
2023$66,287 · 0.07%
2022$58,797 · 0.06%
Same employer
Similar plansFinance & Insurance · Virginia
James a. Scott & Son, Inc. VA$228.4M · 0.02%
Stand Together Benefits, LLC VA$127.0M · 0.33%
Pra Group, Inc. VA$118.4M · 0.28%
Virginia Credit Union, Inc. VA$108.9M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530216888 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.