401(k) · DOL Form 5500 · 2022

Ocean Network Express 401(k) Plan

Data updated 2026-08-11

$109M
Total assets
813
Participants
93rd
Percentile by assets
$133,959
Avg per participant
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Official DOL plan name: Ocean Network Express (North America) Inc. 401(k) Plan · Sponsored by Ocean Network Express · Virginia · Transportation & Warehousing

$109M in assets, 813 participants

Ocean Network Express's Ocean Network Express (North America) Inc. 401(k) Plan reported $109M in total assets and 813 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #3,571 in Transportation & Warehousing (3,876 peers)

Where Ocean Network Express (North America) Inc. 401(k) Plan sits by assets

Ocean Network Express (North America) Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $109M for 813 participants (~$133,959/participant), down 16.7% in 2022.

$109M
total plan assets (2022 EOY)
813
covered participants
93rd
percentile by assets (of 139,126 plans)
$133,959
avg assets per participant

The plan reported a net loss of $22M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ocean Network Express (North America) Inc. 401(k) Plan vs the 2022 asset distribution

By assets, Ocean Network Express (North America) Inc. 401(k) Plan outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$131M
Net Assets (End of Year)$109M
Net Income-$22M
Employer EIN822563547
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocean Network Express)

$100M$120M$140M$160M$180M 202220232024 $109M $157M â–˛ +44.1%
Total plan assets by year, all Ocean Network Express plans on file
Year Plans Participants Total Assets
2022 1 813 $109M
2023 1 857 $137M
2024 1 863 $157M

Nearby 401(k) Plans in Virginia

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

Ocean Network Express (North America) Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Ocean Network Express (North America) Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Ocean Network Expres…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Ocean Network Express (North America) Inc. 401(k) 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 Ocean Network Express (North America) Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Ocean Network Express (North America) Inc. 401(k) Plan assets move in 2022?
Ocean Network Express (North America) Inc. 401(k) Plan declined sharply - down 16.7% during 2022, from $131M to $109M. Reported net income was -$22M.
How have Ocean Network Express plan assets changed over time?
Across 3 plan years on file (2022-2024), Ocean Network Express's sponsor-wide assets grew 44.1%, from $109M to $157M.
Where does Ocean Network Express (North America) Inc. 401(k) Plan rank by assets among Form 5500 filers?
Ocean Network Express (North America) Inc. 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 Ocean Network Express (North America) Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Major League Soccer 401(k) Plan in NY ($109M, 995 participants).

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Scale reading

Ways to act on Ocean Network Express (North America) Inc. 401(k) Plan's numbers.