HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
HORIZON SHIPBUILDING, INC.
This 401(k) plan holds $501 in total assets and serves N/A participants as of 2022. It is sponsored by HORIZON SHIPBUILDING, INC. in Mississippi. The plan reported a net loss of $41K for the year.
What the Filing Says About HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST
HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST is a 401(k) retirement plan sponsored by HORIZON SHIPBUILDING, INC., headquartered in Mississippi. As of the 2022 Form 5500 filing, the plan reports $501 in total end-of-year assets and covers N/A participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 721394645, and the plan has been effective since 2014-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $41K at the beginning of 2022 to $501 at year-end — a decline of 98.8%. Net assets (after liabilities) closed the year at $501, with reported net income of $-40,956 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $41K |
| Total Assets (End of Year) | $501 |
| Net Assets (End of Year) | $501 |
| Net Income | $-40,956 |
| Plan Type | 401(k) |
| Employer EIN | 721394645 |
| Plan Effective Date | 2014-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Mississippi
Peer 401(k) plans — same state, same plan type — ranked by total assets.
- CADENCE 401(K) PROFIT-SHARING PLAN $797M · 6,578
- ERGON 401(K) PLAN $651M · 3,214
- HANCOCK WHITNEY CORPORATION 401(K) SAVINGS PLAN $543M · 3,545
- V2X 401K RETIREMENT PLAN $538M · 6,807
- SOUTHERN FARM BUREAU AND ADOPTING COMPANIES 401(K) PLAN $477M · 2,657
Related Data
Guides
Frequently Asked Questions
How much money is in the HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST? ▼
What type of plan is HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST? ▼
Who sponsors the HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST? ▼
How did HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST perform in 2022? ▼
Where can I find official filings for HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST? ▼
How does HORIZON SHIPBUILDING, INC. 401(K) PROFIT SHARING PLAN & TRUST compare to other plans? ▼
Explore PlainRetire
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 721394645.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.