401(k) · DOL Form 5500 · 2023

Austal USA. LLC 401(k) Plan

Data updated 2026-08-11

$115M
Total assets
2,524
Participants
92nd
Percentile by assets
$45,636
Avg per participant
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Official DOL plan name: Austal USA. LLC 401(k) Plan · Sponsored by Austal USA. LLC · Alabama · Manufacturing

$115M in assets, 2,524 participants

Austal USA. LLC's Austal USA. LLC 401(k) Plan reported $115M in total assets and 2,524 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #16,480 in Manufacturing (18,722 peers)

Coverage in Alabama

Austal USA. LLC 401(k) Plan covers 2,524 participants in Alabama, 7.0x the typical Alabama plan (state average ~360 per filing). Assets: $115M.

$115M
total plan assets (2023 EOY)
2,524
covered participants
92nd
percentile by assets (of 127,072 plans)
$45,636
avg assets per participant

Where Austal USA. LLC 401(k) Plan sits by total assets

Austal USA. LLC 401(k) Plan vs every filed plan by assets

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

$115,185,638 Top 8% higher than 92% 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

  • Austal USA. LLC 401(k) Plan reported net income rose from -$14M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Austal USA. LLC 401(k) Plan end-of-year assets rose from $96M in the plan year 2022 filing to $115M in the plan year 2023 filing.
  • Austal USA. LLC 401(k) Plan reported participants fell from 2,674 in the plan year 2022 filing to 2,524 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Alabama
Industry
Manufacturing

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Austal USA. LLC 401(k) Plan reports 2,524 participants - 7.0x that state average ($115M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$115M
Net Income$19M
Employer EIN631238756
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Austal USA. LLC)

$90M$100M$110M$120M$130M$140M 202220232024 $96.5M $130M ▲ +34.3%
Total plan assets by year, all Austal USA. LLC plans on file
Year Plans Participants Total Assets
2022 1 2,674 $96M
2023 1 2,524 $115M
2024 1 2,636 $130M

Nearby 401(k) Plans in Alabama

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

Austal USA. LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Austal USA. LLC 401(…, Total assets ($B): 0.115185638 · Participants: 2524Austal USA. LLC 401(…Regions Financial Co…, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Co…Encompass Health Cor…, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Cor…Hexagon Employee Ret…, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Ret…Vulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. I…, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. I…
Austal USA. LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Austal USA. LLC 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Austal USA. LLC 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Austal USA. LLC 401(k) Plan assets move in 2023? ▼
Austal USA. LLC 401(k) Plan grew sharply - up 19.4% during 2023, from $96M to $115M. Reported net income was $19M.
How have Austal USA. LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Austal USA. LLC's sponsor-wide assets grew 34.3%, from $96M to $130M.
Where does Austal USA. LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Austal USA. LLC 401(k) Plan ranks in the 92nd 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 Austal USA. LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is US Fertility Holdings, LLC Profit Sharing Plan in MD ($115M, 2,014 participants).

Next read for Austal USA. LLC 401(k) Plan

Filing takeaways

Ways to act on Austal USA. LLC 401(k) Plan's numbers.

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 631238756.

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.