401(k) · DOL Form 5500 · 2022

Thales USA, Inc. 401(k) Plan

Data updated 2026-08-11

$1.1B
Total assets
3,778
Participants
99th
Percentile by assets
$279,620
Avg per participant
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Official DOL plan name: Thales Incentive 401(k) Savings Plan · Sponsored by Thales USA, Inc. · Virginia · Wholesale Trade

$1.1B in assets, 3,778 participants

Thales USA, Inc.'s Thales Incentive 401(k) Savings Plan reported $1.1B in total assets and 3,778 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #6,796 in Wholesale Trade (6,843 peers)

Coverage in Virginia

Thales Incentive 401(k) Savings Plan covers 3,778 participants in Virginia, 4.8x the typical Virginia plan (state average ~782 per filing). Assets: $1.1B.

$1.1B
total plan assets (2022 EOY)
3,778
covered participants
99th
percentile by assets (of 139,126 plans)
$279,620
avg assets per participant

The plan reported a net loss of $282M 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. Thales Incentive 401(k) Savings Plan reports 3,778 participants - 4.8x that state average ($1.1B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.1B
Net Income-$282M
Employer EIN060938363
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thales USA, Inc.)

$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.08B $1.61B ▲ +49.1%
Total plan assets by year, all Thales USA, Inc. plans on file
Year Plans Participants Total Assets
2022 3 3,807 $1.1B
2023 3 3,719 $1.3B
2024 3 4,077 $1.6B

Nearby 401(k) Plans in Virginia

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

Thales Incentive 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Thales Incentive 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -10010203040 Total assets ($B) Participants Thales Incentive 401…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Thales Incentive 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Thales Incentive 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Thales Incentive 401(k) Savings Plan assets move in 2022?
Thales Incentive 401(k) Savings Plan declined sharply - down 18.5% during 2022, from $1.3B to $1.1B. Reported net income was -$282M.
How have Thales USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Thales USA, Inc.'s sponsor-wide assets grew 50.0%, from $1.1B to $1.6B.
Where does Thales Incentive 401(k) Savings Plan rank by assets among Form 5500 filers?
Thales Incentive 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Thales Incentive 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Hub International Limited 401(k) Savings Plan in IL ($1.1B, 9,758 participants).

Next read for Thales Incentive 401(k) Savings Plan

Filing takeaways

Ways to act on Thales Incentive 401(k) Savings Plan's numbers.