Virginia Credit Union, Inc. 401(k) Plan: Login, Facts & Contact Information

Virginia Credit Union, Inc. 401(k) Plan Facts

Plan name
VIRGINIA FEDERAL CREDIT UNION 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
VIRGINIA FEDERAL CREDIT UNION
Participants
922 (1,088 active employees)
Former employees with a balance
142
Plan assets
$108,918,383 at Dec 31, 2024
Average account balance
$92,148 across 1,182 accounts
Employer contributions
$3,470,893 in plan year 2024 (24% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $14.5 million went into the plan in contributions, $3.47 million of it from the employer (24%).
  • $5.99 million was paid out to participants.
  • Investment and other income added $9.70 million.
  • Administrative expenses were $77,957, about $66 per account.

How the Virginia Credit Union, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019776$59.0 million$2.11 million$3.17 million
2020809$69.9 million$2.40 million$4.82 million
2021832$81.0 million$2.59 million$3.94 million
2022858$74.3 million$2.63 million$3.73 million
2023878$90.8 million$2.90 million$4.12 million
2024922$108.9 million$3.47 million$5.99 million

Virginia Credit Union, Inc. 401(k) Contact Information

Phone
804-327-7314
Mailing address
7500 BOULDERS VIEW DR, RICHMOND VA 23225
Plan sponsor
VIRGINIA FEDERAL CREDIT UNION
Employer identification number (EIN)
54-0578719
Plan number
002

Questions about the Virginia Credit Union, Inc. 401(k)

Does Virginia Credit Union, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.47 million, 24% of all contributions.

Does the Virginia Credit Union, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Virginia Credit Union, Inc 401(k) plan?

922 participants at the start of plan year 2024, 1,088 of them active employees, and 142 former employees who still had money in the plan.

What is the average 401(k) balance at Virginia Credit Union, Inc?

About $92,148 per account: $108.9 million in plan assets across 1,182 accounts with a balance at the end of plan year 2024.

Who manages the Virginia Credit Union, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Virginia Credit Union, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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