401(k) · DOL Form 5500 · 2022

Naes Corporation 401(k) Plan

Data updated 2026-08-11

$87M
Total assets
431
Participants
92nd
Percentile by assets
$201,282
Avg per participant
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Official DOL plan name: Naes Corporation Corporate Retirement and 401(k) Plan · Sponsored by Naes Corporation · Washington · Utilities

$87M in assets, 431 participants

Naes Corporation's Naes Corporation Corporate Retirement and 401(k) Plan reported $87M in total assets and 431 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)
  • #469 in Utilities (738 peers)

Coverage in Washington

Naes Corporation Corporate Retirement and 401(k) Plan covers 431 participants in Washington, about 29% of the average Washington filer (state average ~1,476 per filing). Assets: $87M.

$87M
total plan assets (2022 EOY)
431
covered participants
92nd
percentile by assets (of 139,126 plans)
$201,282
avg assets per participant

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Naes Corporation Corporate Retirement and 401(k) Plan sits by total assets

Naes Corporation Corporate Retirement and 401(k) Plan vs every filed plan by assets

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

$86,752,717 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Naes Corporation Corporate Retirement and 401(k) Plan reports 431 participants - about 29% of that state average ($87M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$103M
Net Assets (End of Year)$87M
Net Income-$17M
Employer EIN911111672
Plan Effective Date2008-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Naes Corporation)

$500M$600M$700M$800M 202220232024 $559M $756M ▲ +35.4%
Total plan assets by year, all Naes Corporation plans on file
Year Plans Participants Total Assets
2022 2 2,330 $559M
2023 2 2,198 $658M
2024 2 2,651 $756M

Nearby 401(k) Plans in Washington

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

Naes Corporation Corporate Retirement and 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Naes Corporation Cor…, Total assets ($B): 0.086752717 · Participants: 431Naes Corporation Cor…The Boeing Company 4…, Total assets ($B): 63.503643295 · Participants: 118434The Boeing Company 4…Microsoft Corporatio…, Total assets ($B): 39.602667639 · Participants: 109797Microsoft Corporatio…Costco 401(k) Retire…, Total assets ($B): 25.912962472 · Participants: 181505Costco 401(k) Retire…Amazon 401(k) Plan, Total assets ($B): 17.732345025 · Participants: 1230308Amazon 401(k) PlanT-Mobile USA, Inc. 4…, Total assets ($B): 7.280031396 · Participants: 75797T-Mobile USA, Inc. 4…
Naes Corporation Corporate Retirement and 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Naes Corporation Corporate Retirement and 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Naes Corporation Corporate Retirement and 401(k) Plan assets move in 2022?
Naes Corporation Corporate Retirement and 401(k) Plan declined sharply - down 15.5% during 2022, from $103M to $87M. Reported net income was -$17M.
How have Naes Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Naes Corporation's sponsor-wide assets grew 35.4%, from $559M to $756M.
Where does Naes Corporation Corporate Retirement and 401(k) Plan rank by assets among Form 5500 filers?
Naes Corporation Corporate Retirement and 401(k) 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 401(k) plans are similar in size to Naes Corporation Corporate Retirement and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gables Residential Services, Inc. 401(k) Plan in GA ($87M, 806 participants).

Next read for Naes Corporation Corporate Retirement an…

Filing takeaways

Ways to act on Naes Corporation Corporate Retirement and 401(k) Plan's numbers.

  • By total assets, Naes Corporation Corporate Retirement and 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
  • Naes Corporation's sponsor-wide assets have grown 35.4% since 2022 across 3 plan years on file. More Utilities plans