401(k) · DOL Form 5500 · 2023

American Systems Corporation 401(k) Plan

Data updated 2026-08-11

$209M
Total assets
1,484
Participants
95th
Percentile by assets
$141,132
Avg per participant
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Official DOL plan name: American Systems Corporation Employee Savings and Security 401(k) Plan · Sponsored by American Systems Corporation · Virginia · Professional & Technical Services

$209M in assets, 1,484 participants

American Systems Corporation's American Systems Corporation Employee Savings and Security 401(k) Plan reported $209M in total assets and 1,484 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 127,072 plans)
  • #19,526 in Professional & Technical Services (20,321 peers)

Where American Systems Corporation Employee Savings and Security 401(k) Plan sits by assets

American Systems Corporation Employee Savings and Security 401(k) Plan sits in the top 5% of all filed plans by assets, $209M for 1,484 participants (~$141,132/participant), up 17.5% in 2023.

$209M
total plan assets (2023 EOY)
1,484
covered participants
95th
percentile by assets (of 127,072 plans)
$141,132
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • American Systems Corporation Employee Savings and Security 401(k) Plan reported net income rose from -$36M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • American Systems Corporation Employee Savings and Security 401(k) Plan end-of-year assets rose from $178M in the plan year 2022 filing to $209M in the plan year 2023 filing.
  • American Systems Corporation Employee Savings and Security 401(k) Plan reported participants fell from 1,538 in the plan year 2022 filing to 1,484 in the plan year 2023 filing.

See the national 2022→2023 release diff →

American Systems Corporation Employee Savings and Security 401(k) Plan vs the 2023 asset distribution

By assets, American Systems Corporation Employee Savings and Security 401(k) Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$178M
Net Assets (End of Year)$209M
Net Income$31M
Employer EIN540962497
Plan Effective Date1985-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (American Systems Corporation)

$450M$500M$550M$600M 202220232024 $470M $571M ▲ +21.4%
Total plan assets by year, all American Systems Corporation plans on file
Year Plans Participants Total Assets
2022 2 3,366 $470M
2023 2 3,266 $541M
2024 2 3,345 $571M

Nearby 401(k) Plans in Virginia

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

American Systems Corporation Employee Savings and Security 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

American Systems Corporation Employee Savings and Security 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 American Systems Cor…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
American Systems Corporation Employee Savings and Security 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to American Systems Corporation Employee Savings and Security 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did American Systems Corporation Employee Savings and Security 401(k) Plan assets move in 2023?
American Systems Corporation Employee Savings and Security 401(k) Plan grew sharply - up 17.5% during 2023, from $178M to $209M. Reported net income was $31M.
How have American Systems Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), American Systems Corporation's sponsor-wide assets grew 21.4%, from $470M to $571M.
Where does American Systems Corporation Employee Savings and Security 401(k) Plan rank by assets among Form 5500 filers?
American Systems Corporation Employee Savings and Security 401(k) Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to American Systems Corporation Employee Savings and Security 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Dawn Foods Retirement Savings Plan in MI ($209M, 1,562 participants).

Next read for American Systems Corporation Employee Sa…

Scale reading

Ways to act on American Systems Corporation Employee Savings and Security 401(k) Plan's numbers.