401(k) · DOL Form 5500 · 2022

Ocean Network Express 401(k) Plan

Data updated 2026-08-25

$109M
Total assets Near avg plan size
813
Participants Near avg headcount
93rd
Percentile by assets National rank
$133,959
Avg per participant Near avg balance/head
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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.

  • #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.

#3,571
in Transportation & Warehousing (3,876 peers)
-16.7%
assets change YoY
1.1×
vs typical plan assets (national mean)

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's outsized position by total assets

Ocean Network Express (North America) Inc. 401(k) Plan vs every filed plan by assets

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

$108,908,353 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

Ocean Network Express (North America) Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ocean Network Express (North America) Inc. 401(k) Plan sits mid-pack in the medium band (813 participants).

EBSA filing schedule strip

Filing strip 822563547 · Ocean Network Express PY 2022 · 401(k)

Ocean Network Express (North America) Inc. 401(k) Plan · $109M · 813 · 93rd

  • BOY $109M
  • SCH 813
  • EBSA 93rd
  • PART 401(k)
  • TYPE near Major League Soccer 401(k) Plan
  • NET ind #3571

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 Transportation & Warehousing retirement plans → · Plans in Virginia →

Ocean Network Express (North America) Inc. 401(k) Plan in the asset neighbourhood

Zausner Foods Corp. and Participating Employers Savings Plus PlanZausner Foods Corp. and Part…$109MOcean Network Express (North America) Inc. 401(k) PlanOcean Network Express (North…$109MMajor League Soccer 401(k) PlanMajor League Soccer 401(k) P…$109MBaupost Group Savings Retirement PlanBaupost Group Savings Retire…$109MMasonicare Corporation 401(k) Retirement Savings PlanMasonicare Corporation 401(k…$109M
End-of-year total assets ($M) among Ocean Network Express (North America) Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Ocean Network Express plans reported in each filing year

Latest sponsor-wide plan assets
$157M 44.0755154932882% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $109M $157M ▲ +44.1%
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 Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Ocean Network Express (North America) Inc. 401(k) Plan, Total assets ($B): 0.108908353 · Participants: 813Ocean Network Express (North America) Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Ocean Network Express (North America) Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Ocean Network Express (North America) Inc. 401(k) Plan side-by-side with 3 peers →

Ocean Network Express (North America) Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Major League Soccer 401(k) Plan in NY ($109M); by covered participants it is Granges Americas Inc. Savings Plan in TN (813 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (813 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 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).
Which 401(k) plans cover a similar participant headcount to Ocean Network Express (North America) Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Granges Americas Inc. Savings Plan in TN (813 participants, $74M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 822563547.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.