401(k) · DOL Form 5500 · 2023

Philly Shipyard, Inc. 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
421
Participants Below avg headcount
79th
Percentile by assets National rank
$72,688
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Philly Shipyard 401(k) Plan · Sponsored by Philly Shipyard, Inc. · Pennsylvania · Manufacturing

$31M in assets, 421 participants

Philly Shipyard, Inc.'s Philly Shipyard 401(k) Plan reported $31M in total assets and 421 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #13,382 in Manufacturing (18,722 peers)

Where Philly Shipyard 401(k) Plan sits by assets

Philly Shipyard 401(k) Plan sits in the top quartile of all filed plans by assets, $31M for 421 participants (~$72,688/participant), up 21.4% in 2023.

#13,382
in Manufacturing (18,722 peers)
+21.4%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Philly Shipyard 401(k) Plan's outsized position by total assets

Philly Shipyard 401(k) Plan vs every filed plan by assets

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

$30,601,662 Top 21% higher than 79% 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

Philly Shipyard 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. Philly Shipyard 401(k) Plan sits mid-pack in the medium band (421 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Philly Shipyard 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Philly Shipyard 401(k) Plan end-of-year assets rose from $25M in the plan year 2022 filing to $31M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 232946098 · Philly Shipyard, Inc. PY 2023 · 401(k)

Philly Shipyard 401(k) Plan · $31M · 421 · 79th

  • BOY $31M
  • BOY 421
  • BOY 79th
  • BOY 401(k)
  • BOY near Lower LLC 401(k) Retirement Plan
  • BOY ind #13382

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 Pennsylvania →

Philly Shipyard 401(k) Plan in the asset neighbourhood

Philly Shipyard 401(k) Plan$31MLower LLC 401(k) Retirement PlanLower LLC 401(k) Retirement …$31MAoa Management Co. 401(k) PlanAoa Management Co. 401(k) Pl…$31MNewkirk Electric Associates, Inc. 401(k) Profit-Sharing PlanNewkirk Electric Associates,…$31MWestern Nephrology and Metabolic Bone Disease, P.C. Employee Profit-Sharing Plan and TrustWestern Nephrology and Metab…$31M
End-of-year total assets ($M) among Philly Shipyard 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)$25M
Net Assets (End of Year)$31M
Net Income$5M
Employer EIN232946098
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Philly Shipyard, Inc.)

Sponsor-wide plan assets over time

All Philly Shipyard, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$38M 51.228334420675615% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $25.2M $38.1M ▲ +51.2%
Year Plans Participants Total Assets
2022 1 421 $25M
2023 1 421 $31M
2024 1 519 $38M

Nearby 401(k) Plans in Pennsylvania

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

Philly Shipyard 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Philly Shipyard 401(k) Plan, Total assets ($B): 0.030601662 · Participants: 421Philly Shipyard 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Philly Shipyard 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Philly Shipyard 401(k) Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Lower LLC 401(k) Retirement Plan in MD ($31M); by covered participants it is Silvergate Bank 401(k) Retirement Savings Plan in CA (421 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (421 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 Philly Shipyard 401(k) Plan assets move in 2023? ▼
Philly Shipyard 401(k) Plan grew sharply - up 21.4% during 2023, from $25M to $31M. Reported net income was $5M.
How have Philly Shipyard, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Philly Shipyard, Inc.'s sponsor-wide assets grew 51.2%, from $25M to $38M.
Where does Philly Shipyard 401(k) Plan rank by assets among Form 5500 filers? ▼
Philly Shipyard 401(k) Plan ranks in the 79th 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 Philly Shipyard 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Lower LLC 401(k) Retirement Plan in MD ($31M, 1,044 participants).
Which 401(k) plans cover a similar participant headcount to Philly Shipyard 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Silvergate Bank 401(k) Retirement Savings Plan in CA (421 participants, N/A 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 232946098.

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.