401(k) · DOL Form 5500 · 2023

Nammo Incorporated 401(k) Plan

Data updated 2026-08-25

$51M
Total assets Below avg plan size
635
Participants Below avg headcount
86th
Percentile by assets National rank
$79,724
Avg per participant Below avg balance/head
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Official DOL plan name: Nammo US 401(k) Plan · Sponsored by Nammo Incorporated · Arizona · Manufacturing

$51M in assets, 635 participants

Nammo Incorporated's Nammo US 401(k) Plan reported $51M in total assets and 635 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,836 in Manufacturing (18,722 peers)

Where Nammo US 401(k) Plan sits by assets

Nammo US 401(k) Plan sits in the top quartile of all filed plans by assets, $51M for 635 participants (~$79,724/participant), up 31.6% in 2023.

#14,836
in Manufacturing (18,722 peers)
+31.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Nammo US 401(k) Plan's outsized position by total assets

Nammo US 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$50,624,699 Top 14% higher than 86% of 127,068 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 2023

Nammo US 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nammo US 401(k) Plan sits mid-pack in the medium band (635 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nammo US 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Nammo US 401(k) Plan end-of-year assets rose from $38M in the plan year 2022 filing to $51M in the plan year 2023 filing.
  • Nammo US 401(k) Plan reported participants rose from 626 in the plan year 2022 filing to 635 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 541959359 · Nammo Incorporated PY 2023 · 401(k)

Nammo US 401(k) Plan · $51M · 635 · 86th

  • BOY $51M
  • BOY 635
  • BOY 86th
  • BOY 401(k)
  • BOY near The Mennel Milling Company Savings and Investment Plan and Trust
  • BOY ind #14836

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 Manufacturing retirement plans → · Plans in Arizona →

Nammo US 401(k) Plan in the asset neighbourhood

The Mennel Milling Company Savings and Investment Plan and TrustThe Mennel Milling Company S…$51MNammo US 401(k) Plan$51MLakeshore Bone & Joint Institute Retirement PlanLakeshore Bone & Joint Insti…$51MIngenovis Health 401(k) Plan$51MPcx Aerostructures LLC 401(k) PlanPcx Aerostructures LLC 401(k…$51M
End-of-year total assets ($M) among Nammo US 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$51M
Net Income$10M
Employer EIN541959359
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nammo Incorporated)

Sponsor-wide plan assets over time

All Nammo Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$60M 56.29390619537765% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $38.5M $60.1M ▲ +56.3%
Year Plans Participants Total Assets
2022 1 626 $38M
2023 1 635 $51M
2024 1 717 $60M

Nearby 401(k) Plans in Arizona

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

Nammo US 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Nammo US 401(k) Plan, Total assets ($B): 0.050624699 · Participants: 635Nammo US 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Nammo US 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Nammo US 401(k) Plan side-by-side with 3 peers →

Nammo US 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is The Mennel Milling Company Savings and Investment Plan and Trust in OH ($51M); by covered participants it is Belmont Capital Tax Deferred Savings Plan and Trust in MA (635 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (635 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nammo US 401(k) Plan assets move in 2023? ▼
Nammo US 401(k) Plan surged - up 31.6% during 2023, from $38M to $51M. Reported net income was $10M.
How have Nammo Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nammo Incorporated's sponsor-wide assets grew 56.3%, from $38M to $60M.
Where does Nammo US 401(k) Plan rank by assets among Form 5500 filers? ▼
Nammo US 401(k) Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Nammo US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Mennel Milling Company Savings and Investment Plan and Trust in OH ($51M, 660 participants).
Which 401(k) plans cover a similar participant headcount to Nammo US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Belmont Capital Tax Deferred Savings Plan and Trust in MA (635 participants, $31M in assets).

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 541959359.

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.