401(k) · DOL Form 5500 · 2022

Austal USA. LLC 401(k) Plan

Data updated 2026-08-25

$96M
Total assets Below avg plan size
2,674
Participants Above avg headcount
93rd
Percentile by assets National rank
$36,084
Avg per participant Low balance/head
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Official DOL plan name: Austal USA. LLC 401(k) Plan · Sponsored by Austal USA. LLC · Alabama · Manufacturing

$96M in assets, 2,674 participants

Austal USA. LLC's Austal USA. LLC 401(k) Plan reported $96M in total assets and 2,674 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • #18,254 in Manufacturing (20,602 peers)

Coverage in Alabama

Austal USA. LLC 401(k) Plan covers 2,674 participants in Alabama, 7.4x the typical Alabama plan (state average ~360 per filing). Assets: $96M.

#18,254
in Manufacturing (20,602 peers)
-12.6%
assets change YoY
1.0×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Austal USA. LLC 401(k) Plan's outsized position by total assets

Austal USA. LLC 401(k) Plan vs every filed plan by assets

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

$96,487,923 Top 7% higher than 93% 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

Austal USA. LLC 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Austal USA. LLC 401(k) Plan lands in the large band (2,674 participants).

EBSA filing schedule strip

Filing strip 631238756 · Austal USA. LLC PY 2022 · 401(k)

Austal USA. LLC 401(k) Plan · $96M · 2,674 · 93rd

  • RANK $96M
  • RANK 2,674
  • RANK 93rd
  • RANK 401(k)
  • RANK near Colorcon, Inc. 401(k) Savings Plan
  • RANK ind #18254

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 Manufacturing retirement plans → · Plans in Alabama →

Austal USA. LLC 401(k) Plan in the asset neighbourhood

Brakebush Brothers, Inc. Employees Savings & Retirement PlanBrakebush Brothers, Inc. Emp…$97MNantworks, LLC Retirement PlanNantworks, LLC Retirement Pl…$97MAustal USA. LLC 401(k) Plan$96MColorcon, Inc. 401(k) Savings PlanColorcon, Inc. 401(k) Saving…$96MTanimura & Antle, Inc. Profit Sharing 401(k) PlanTanimura & Antle, Inc. Profi…$96M
End-of-year total assets ($M) among Austal USA. LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Alabama filing particulars

Total Assets (Beginning of Year)$110M
Net Assets (End of Year)$96M
Net Income-$14M
Employer EIN631238756
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Austal USA. LLC)

Sponsor-wide plan assets over time

All Austal USA. LLC plans reported in each filing year

Latest sponsor-wide plan assets
$130M 34.28505555042366% vs 2022
2024 filing year
$90M$100M$110M$120M$130M$140M 202220232024 $96.5M $130M ▲ +34.3%
Year Plans Participants Total Assets
2022 1 2,674 $96M
2023 1 2,524 $115M
2024 1 2,636 $130M

Nearby 401(k) Plans in Alabama

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

Austal USA. LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 0100002000030000 -10123 Total assets ($B) Participants Austal USA. LLC 401(k) Plan, Total assets ($B): 0.096487923 · Participants: 2674Austal USA. LLC 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.473693723 · Participants: 20809Regions Financial Corporation 401(k) PlanEncompass Health Corporation Retirement Investment Plan, Total assets ($B): 1.247463658 · Participants: 26602Encompass Health Corporation Retirement Investment PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.211223713 · Participants: 4237Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.148537747 · Participants: 8489Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 0.930385246 · Participants: 4593Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Austal USA. LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Austal USA. LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Colorcon, Inc. 401(k) Savings Plan in PA ($96M); by covered participants it is The Deichmann U.S. Retirement Benefit Program in NC (2,674 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,674 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 Austal USA. LLC 401(k) Plan assets move in 2022?
Austal USA. LLC 401(k) Plan pulled back noticeably - down 12.6% during 2022, from $110M to $96M. Reported net income was -$14M.
How have Austal USA. LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Austal USA. LLC's sponsor-wide assets grew 34.3%, from $96M to $130M.
Where does Austal USA. LLC 401(k) Plan rank by assets among Form 5500 filers?
Austal USA. LLC 401(k) Plan ranks in the 93rd 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 401(k) plans are similar in size to Austal USA. LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Colorcon, Inc. 401(k) Savings Plan in PA ($96M, 443 participants).
Which 401(k) plans cover a similar participant headcount to Austal USA. LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Deichmann U.S. Retirement Benefit Program in NC (2,674 participants, $63M in assets).