401(k) · DOL Form 5500 · 2023

Strongwell Corporation 401(k) Plan

Data updated 2026-08-11

$83M
Total assets
332
Participants
90th
Percentile by assets
$251,217
Avg per participant
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Official DOL plan name: Strongwell Corporation 401(k) Profit-Sharing Plan and Trust · Sponsored by Strongwell Corporation · Virginia · Manufacturing

$83M in assets, 332 participants

Strongwell Corporation's Strongwell Corporation 401(k) Profit-Sharing Plan and Trust reported $83M in total assets and 332 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #15,932 in Manufacturing (18,722 peers)

Coverage in Virginia

Strongwell Corporation 401(k) Profit-Sharing Plan and Trust covers 332 participants in Virginia, about 42% of the average Virginia filer (state average ~782 per filing). Assets: $83M.

$83M
total plan assets (2023 EOY)
332
covered participants
90th
percentile by assets (of 127,072 plans)
$251,217
avg assets per participant

Where Strongwell Corporation 401(k) Profit-Sharing Plan and Trust sits by total assets

Strongwell Corporation 401(k) Profit-Sharing Plan and Trust vs every filed plan by assets

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

$83,404,116 Top 10% higher than 90% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Strongwell Corporation 401(k) Profit-Sharing Plan and Trust reported net income rose from -$18M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Strongwell Corporation 401(k) Profit-Sharing Plan and Trust end-of-year assets rose from $79M in the plan year 2022 filing to $83M 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. Strongwell Corporation 401(k) Profit-Sharing Plan and Trust reports 332 participants - about 42% of that state average ($83M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$79M
Net Assets (End of Year)$83M
Net Income$5M
Employer EIN541670655
Plan Effective Date1971-07-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Strongwell Corporation)

$75M$80M$85M$90M 202220232024 $78.8M $86.7M ▲ +10.1%
Total plan assets by year, all Strongwell Corporation plans on file
Year Plans Participants Total Assets
2022 1 329 $79M
2023 1 332 $83M
2024 1 318 $87M

Nearby 401(k) Plans in Virginia

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

Strongwell Corporation 401(k) Profit-Sharing Plan and Trust vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Strongwell Corporati…, Total assets ($B): 0.083404116 · Participants: 332Strongwell Corporati…Northrop Grumman Sav…, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Sav…401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Cor…, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Cor…Leidos, Inc. Retirem…, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirem…Bae Systems Employee…, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employee…
Strongwell Corporation 401(k) Profit-Sharing Plan and Trust vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Strongwell Corporation 401(k) Profit-Sha… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Strongwell Corporation 401(k) Profit-Sharing Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Strongwell Corporation 401(k) Profit-Sharing Plan and Trust assets move in 2023? ▼
Strongwell Corporation 401(k) Profit-Sharing Plan and Trust grew at a solid clip - up 5.9% during 2023, from $79M to $83M. Reported net income was $5M.
How have Strongwell Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Strongwell Corporation's sponsor-wide assets grew 10.1%, from $79M to $87M.
Where does Strongwell Corporation 401(k) Profit-Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Strongwell Corporation 401(k) Profit-Sharing Plan and Trust ranks in the 90th 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 401(k) plans are similar in size to Strongwell Corporation 401(k) Profit-Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is L.B. Foster Company 401(k) and Profit Sharing Plan in PA ($83M, 804 participants).

Next read for Strongwell Corporation 401(k) Profit-Sha…

Filing takeaways

Ways to act on Strongwell Corporation 401(k) Profit-Sharing Plan and Trust's numbers.

  • By total assets, Strongwell Corporation 401(k) Profit-Sharing Plan and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
  • Strongwell Corporation's sponsor-wide assets have grown 10.1% 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 541670655.

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.