Profit Sharing · DOL Form 5500 · 2022

Huntington Ingalls Industries, Inc. Profit Sharing Plan

Data updated 2026-08-11

$94M
Total assets
213
Participants
92nd
Percentile by assets
$439,657
Avg per participant
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Official DOL plan name: Hii Avondale Industries, Inc. Savings Plan · Sponsored by Huntington Ingalls Industries, Inc. · Virginia · Manufacturing

$94M in assets, 213 participants

Huntington Ingalls Industries, Inc.'s Hii Avondale Industries, Inc. Savings Plan reported $94M in total assets and 213 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 139,126 plans)
  • #18,202 in Manufacturing (20,602 peers)

Coverage in Virginia

Hii Avondale Industries, Inc. Savings Plan covers 213 participants in Virginia, about 27% of the average Virginia filer (state average ~782 per filing). Assets: $94M.

$94M
total plan assets (2022 EOY)
213
covered participants
92nd
percentile by assets (of 139,126 plans)
$439,657
avg assets per participant

The plan reported a net loss of $30M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Hii Avondale Industries, Inc. Savings Plan reports 213 participants - about 27% of that state average ($94M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$123M
Net Assets (End of Year)$93M
Net Income-$30M
Employer EIN900607005
Plan Effective Date2011-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Huntington Ingalls Industries, Inc.)

$11.5B$12B$12.5B$13B$13.5B$14B 202220232024 $12B $13.5B â–˛ +12.8%
Total plan assets by year, all Huntington Ingalls Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 9 58,788 $12.0B
2023 8 67,177 $12.9B
2024 8 67,908 $13.5B

Nearby Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hii Avondale Industries, Inc. Savings Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Hii Avondale Industries, Inc. Savings Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 02004006008001000 Total assets ($M) Participants Hii Avondale Industr…Section 403(b) Defin…Carpenter Co. Profit…American Institutes …Analytic Services In…Smart National Suppl…
Hii Avondale Industries, Inc. Savings Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hii Avondale Industries, Inc. Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hii Avondale Industries, Inc. Savings Plan assets move in 2022?
Hii Avondale Industries, Inc. Savings Plan declined sharply - down 24.0% during 2022, from $123M to $94M. Reported net income was -$30M.
How have Huntington Ingalls Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Huntington Ingalls Industries, Inc.'s sponsor-wide assets grew 12.9%, from $12.0B to $13.5B.
Where does Hii Avondale Industries, Inc. Savings Plan rank by assets among Form 5500 filers?
Hii Avondale Industries, Inc. Savings Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to Hii Avondale Industries, Inc. Savings Plan?
Among Profit Sharing plans in other states, the closest by assets is Siu P & S Retirement Plan in IL ($94M, 252 participants).

Next read for Hii Avondale Industries, Inc. Savings Pl…

Filing takeaways

Ways to act on Hii Avondale Industries, Inc. Savings Plan's numbers.