Profit Sharing · DOL Form 5500 · 2023

Huntington Ingalls Industries, Inc. Profit Sharing Plan

Data updated 2026-08-11

$91M
Total assets: 198
Participants: 91st
Percentile by assets: $461,667
Avg per participant

Official DOL plan name: Hii Avondale Industries, Inc. Savings Plan · Sponsored by Huntington Ingalls Industries, Inc. · Virginia · Manufacturing

$91M in assets, 198 participants

Huntington Ingalls Industries, Inc.'s Hii Avondale Industries, Inc. Savings Plan reported $91M in total assets and 198 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

91st percentile by assets (of 127,072 plans)
#16,083 in Manufacturing (18,722 peers)

Coverage in Virginia

Hii Avondale Industries, Inc. Savings Plan covers 198 participants in Virginia, about 25% of the average Virginia filer (state average ~782 per filing). Assets: $91M.

$91M
total plan assets (2023 EOY): 198
covered participants: 91st
percentile by assets (of 127,072 plans): $461,667
avg assets per participant

The plan reported a net loss of $480K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hii Avondale Industries, Inc. Savings Plan reported net income rose from -$30M in the plan year 2022 filing to -$480K in the plan year 2023 filing.
Hii Avondale Industries, Inc. Savings Plan reported participants fell from 213 in the plan year 2022 filing to 198 in the plan year 2023 filing.
Hii Avondale Industries, Inc. Savings Plan end-of-year assets fell from $94M in the plan year 2022 filing to $91M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Virginia

Industry

Manufacturing

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Hii Avondale Industries, Inc. Savings Plan reports 198 participants - about 25% of that state average ($91M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$94M
Net Assets (End of Year)	$91M
Net Income	-$480K
Employer EIN	900607005
Plan Effective Date	2011-03-31
Filing Status	FILING RECEIVED

Sponsor Plan History (Huntington Ingalls Industries, Inc.)

Total plan assets by year, all Huntington Ingalls Industries, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	9	58,788	$12.0B
2023	8	67,177	$12.9B
2024	8	67,908	$13.5B

Nearby Profit Sharing Plans in Virginia

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hii Avondale Industries, Inc. Savings Plan vs. nearby Profit Sharing plans in Virginia, assets vs. participants

Section 403(b) Defined Contribution Plan for Tax-Exempt Colleges and Universities in Virginia $1.1B · 5,192
Carpenter Co. Profit-Sharing Plan $299M · 2,085
American Institutes for Research Tax Deferred Annuity Plan $277M · 1,521
Analytic Services Inc. Defined Contribution Retirement Plan $205M · 584
Associated Universities Inc. Retirement Plan $193M · 541

Compare Hii Avondale Industries, Inc. Savings Pl… side-by-side with 3 peers →

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hii Avondale Industries, Inc. Savings Plan by total assets, not by location.

Insulators Local No. 2 Annuity Plan (PA) $92M · 572
Buyers Products Company Employees Profit Sharing Plan (OH) $90M · 761
Hood College Defined Contribution Retirement Plan (MD) $93M · 325
Boston Scientific Corporation 401(k) Retirement Savings Plan for Puerto Rico Affiliates (PR) $93M · 952

Frequently Asked Questions

How did Hii Avondale Industries, Inc. Savings Plan assets move in 2023? ▼

Hii Avondale Industries, Inc. Savings Plan edged down modestly - down 2.4% during 2023, from $94M to $91M. Reported net income was -$480K.

How have Huntington Ingalls Industries, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Huntington Ingalls Industries, Inc.'s sponsor-wide assets grew 12.9%, from $12.0B to $13.5B.

Where does Hii Avondale Industries, Inc. Savings Plan rank by assets among Form 5500 filers? ▼

Hii Avondale Industries, Inc. Savings Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which Profit Sharing plans are similar in size to Hii Avondale Industries, Inc. Savings Plan? ▼

Among Profit Sharing plans in other states, the closest by assets is Insulators Local No. 2 Annuity Plan in PA ($92M, 572 participants).

Next read for Hii Avondale Industries, Inc. Savings Pl…

Filing takeaways

Ways to act on Hii Avondale Industries, Inc. Savings Plan's numbers.

By total assets, Hii Avondale Industries, Inc. Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Profit Sharing plans in Virginia. Compare plans
Huntington Ingalls Industries, Inc.'s sponsor-wide assets have grown 12.9% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 900607005.