401(k) · DOL Form 5500 · 2022

Naes Corporation 401(k) Plan

Data updated 2026-08-11

$472M
Total assets
1,899
Participants
98th
Percentile by assets
$248,437
Avg per participant
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Official DOL plan name: Naes Corporation Retirement & 401(k) Plan · Sponsored by Naes Corporation · Washington · Utilities

$472M in assets, 1,899 participants

Naes Corporation's Naes Corporation Retirement & 401(k) Plan reported $472M in total assets and 1,899 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #613 in Utilities (738 peers)

Where Naes Corporation Retirement & 401(k) Plan sits by assets

Naes Corporation Retirement & 401(k) Plan sits in the top 5% of all filed plans by assets, $472M for 1,899 participants (~$248,437/participant), down 21.9% in 2022.

$472M
total plan assets (2022 EOY)
1,899
covered participants
98th
percentile by assets (of 139,126 plans)
$248,437
avg assets per participant

The plan reported a net loss of $133M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Naes Corporation Retirement & 401(k) Plan vs the 2022 asset distribution

By assets, Naes Corporation Retirement & 401(k) Plan outranks 98% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 4.7x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$604M
Net Assets (End of Year)$472M
Net Income-$133M
Employer EIN911111672
Plan Effective Date1980-09-01
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 Retirement & 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Naes Corporation Retirement & 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 Ret…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) PlanT-Mobile USA, Inc. 4…
Naes Corporation Retirement & 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 Retirement & 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Naes Corporation Retirement & 401(k) Plan assets move in 2022?
Naes Corporation Retirement & 401(k) Plan declined sharply - down 21.9% during 2022, from $604M to $472M. Reported net income was -$133M.
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 Retirement & 401(k) Plan rank by assets among Form 5500 filers?
Naes Corporation Retirement & 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Naes Corporation Retirement & 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Jackson Lewis P.C. Retirement Savings Plan in NY ($472M, 1,408 participants).

Next read for Naes Corporation Retirement & 401(k) Pla…

Scale reading

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

  • By total assets, Naes Corporation Retirement & 401(k) Plan ranks in the top 5% 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