401(k) · DOL Form 5500 · 2023

Ocean Fleet Services, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
496
Participants Below avg headcount
77th
Percentile by assets National rank
$53,883
Avg per participant Low balance/head
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Official DOL plan name: Ocean Fleet Services 401(k) Plan · Sponsored by Ocean Fleet Services, Inc. · Virginia · Manufacturing

$27M in assets, 496 participants

Ocean Fleet Services, Inc.'s Ocean Fleet Services 401(k) Plan reported $27M in total assets and 496 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,866 in Manufacturing (18,722 peers)

Where Ocean Fleet Services 401(k) Plan sits by assets

Ocean Fleet Services 401(k) Plan sits in the top quartile of all filed plans by assets, $27M for 496 participants (~$53,883/participant), up 13.1% in 2023.

#12,866
in Manufacturing (18,722 peers)
+13.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Ocean Fleet Services 401(k) Plan's outsized position by total assets

Ocean Fleet Services 401(k) Plan vs every filed plan by assets

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

$26,725,977 Top 23% higher than 77% 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

Ocean Fleet Services 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. Ocean Fleet Services 401(k) Plan sits mid-pack in the medium band (496 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ocean Fleet Services 401(k) Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ocean Fleet Services 401(k) Plan end-of-year assets rose from $24M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Ocean Fleet Services 401(k) Plan reported participants fell from 549 in the plan year 2022 filing to 496 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 823103392 · Ocean Fleet Services, Inc. PY 2023 · 401(k)

Ocean Fleet Services 401(k) Plan · $27M · 496 · 77th

  • RANK $27M
  • RANK 496
  • RANK 77th
  • RANK 401(k)
  • RANK near Jet East Gama 401(k) Plan
  • RANK ind #12866

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 Virginia →

Ocean Fleet Services 401(k) Plan in the asset neighbourhood

Ocean Fleet Services 401(k) PlanOcean Fleet Services 401(k) …$27MJet East Gama 401(k) Plan$27MCentral States Industrial Equipment and Service, Inc. 401(k) Profit Sharing PlanCentral States Industrial Eq…$27MClaritas 401(k) Plan$27MBruce Packing Co., Inc. 401(k) Profit Sharing PlanBruce Packing Co., Inc. 401(…$27M
End-of-year total assets ($M) among Ocean Fleet Services 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)$24M
Net Assets (End of Year)$27M
Net Income$3M
Employer EIN823103392
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocean Fleet Services, Inc.)

Sponsor-wide plan assets over time

All Ocean Fleet Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$31M 32.896566489236484% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $23.6M $31.4M ▲ +32.9%
Year Plans Participants Total Assets
2022 1 549 $24M
2023 1 496 $27M
2024 1 457 $31M

Nearby 401(k) Plans in Virginia

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

Ocean Fleet Services 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Ocean Fleet Services 401(k) Plan, Total assets ($B): 0.026725977 · Participants: 496Ocean Fleet Services 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Ocean Fleet Services 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Ocean Fleet Services 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Jet East Gama 401(k) Plan in FL ($27M); by covered participants it is Slakey Brothers, Inc. Profit Sharing 401(k) Plan in CA (496 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (496 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 Ocean Fleet Services 401(k) Plan assets move in 2023?
Ocean Fleet Services 401(k) Plan grew at a solid clip - up 13.1% during 2023, from $24M to $27M. Reported net income was $3M.
How have Ocean Fleet Services, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ocean Fleet Services, Inc.'s sponsor-wide assets grew 32.9%, from $24M to $31M.
Where does Ocean Fleet Services 401(k) Plan rank by assets among Form 5500 filers?
Ocean Fleet Services 401(k) Plan ranks in the 77th 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 Ocean Fleet Services 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Jet East Gama 401(k) Plan in FL ($27M, 609 participants).
Which 401(k) plans cover a similar participant headcount to Ocean Fleet Services 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Slakey Brothers, Inc. Profit Sharing 401(k) Plan in CA (496 participants, $41M in assets).