401(k) · DOL Form 5500 · 2022

Hansen Marine Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
10
Participants Small participant base
32nd
Percentile by assets National rank
$181,906
Avg per participant Above avg balance/head
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Official DOL plan name: Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust · Sponsored by Hansen Marine Engineering, Inc. · Massachusetts · Professional & Technical Services

$2M in assets, 10 participants

Hansen Marine Engineering, Inc.'s Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust reported $2M in total assets and 10 participants in its 2022 DOL Form 5500 filing, ranking in the 32nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,231 in Professional & Technical Services (21,562 peers)

Hansen Marine Engineering, Inc. multi-year trail

Hansen Marine Engineering, Inc.'s plans moved +24.8% in assets from 2022 to 2024; this filing shows Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust at $2M / 10 participants.

#6,231
in Professional & Technical Services (21,562 peers)
-16.7%
assets change YoY

The plan reported a net loss of $364K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust among the smaller filed plans by assets

Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,819,061 32nd percentile higher than 32% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust is a micro filing (10 participants), the leftmost band.

DOL schedule card

Filing strip 042559605 · Hansen Marine Engineering, Inc. PY 2022 · 401(k)

Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust · $2M · 10 · 32nd

  • 5500 $2M
  • ASSETS 10
  • PCT 32nd
  • EIN 401(k)
  • RANK near Sh130 Concession Company, LLC 401(k) Plan
  • PHOTO ind #6231

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Massachusetts →

Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

Hansen Marine Engineering, Inc. Profit Sharing Plan and TrustHansen Marine Engineering, I…$2MSh130 Concession Company, LLC 401(k) PlanSh130 Concession Company, LL…$2MReceivable Solutions, Inc., 401(k) PlanReceivable Solutions, Inc., …$2M401(k) Retirement Plan for Mercy Affiliates401(k) Retirement Plan for M…$2MChicken Ranch Rancheria 401(k) PlanChicken Ranch Rancheria 401(…$2M
End-of-year total assets ($M) among Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Hansen Marine Engineering, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hansen Marine Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 24.820223181080788% vs 2022
2024 filing year
$1.6M$1.8M$2M$2.2M$2.4M 202220232024 $1.82M $2.27M ▲ +24.7%
Year Plans Participants Total Assets
2022 1 10 $2M
2023 1 9 $2M
2024 1 8 $2M

Hansen Marine Engineering, Inc. filing trail (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$364K
Employer EIN042559605
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.001819061 · Participants: 10Hansen Marine Engineering, Inc. Profit Sharing Plan and TrustFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust side-by-side with 3 peers →

Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Sh130 Concession Company, LLC 401(k) Plan in TX ($2M); by covered participants it is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (10 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (10 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust assets move in 2022? ▼
Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust declined sharply - down 16.7% during 2022, from $2M to $2M. Reported net income was -$364K.
How have Hansen Marine Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hansen Marine Engineering, Inc.'s sponsor-wide assets grew 24.8%, from $2M to $2M.
Which 401(k) plans are similar in size to Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Sh130 Concession Company, LLC 401(k) Plan in TX ($2M, 31 participants).
Which 401(k) plans cover a similar participant headcount to Hansen Marine Engineering, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Nicholas E. Nahernak Dds, PC 401(k) Profit Sharing Pl 816828 in MI (10 participants, $2M in assets).

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 042559605.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.