401(k) · DOL Form 5500 · 2023

Austal USA. LLC 401(k) Plan

Data updated 2026-08-25

$115M
Total assets Near avg plan size
2,524
Participants Above avg headcount
92nd
Percentile by assets National rank
$45,636
Avg per participant Low balance/head
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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.

  • #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.

#16,480
in Manufacturing (18,722 peers)
+19.4%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Austal USA. LLC 401(k) Plan's outsized position 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 $2,050,000,000 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

Austal USA. LLC 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Austal USA. LLC 401(k) Plan lands in the large band (2,524 participants).

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 →

Plan-year Form 5500 strip

Filing strip 631238756 · Austal USA. LLC PY 2023 · 401(k)

Austal USA. LLC 401(k) Plan · $115M · 2,524 · 92nd

  • BOOK $115M
  • BOOK 2,524
  • BOOK 92nd
  • BOOK 401(k)
  • BOOK near US Fertility Holdings, LLC Profit Sharing Plan
  • BOOK ind #16480

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 Alabama →

Austal USA. LLC 401(k) Plan in the asset neighbourhood

International Specialty Products Inc. 401(k) PlanInternational Specialty Prod…$115MAustal USA. LLC 401(k) Plan$115MUS Fertility Holdings, LLC Profit Sharing PlanUS Fertility Holdings, LLC P…$115MMission Internal Medical Group Amended Profit Sharing 401(k) PlanMission Internal Medical Gro…$115MTelos Corporation Shared Savings PlanTelos Corporation Shared Sav…$115M
End-of-year total assets ($M) among Austal USA. LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Austal USA. LLC plans reported in each filing year

Latest sponsor-wide plan assets
$130M 34.28505555042366% vs 2022
2024 filing year
$90M$100M$110M$120M$130M$140M 202220232024 $96.5M $130M ▲ +34.3%
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 ($B) Participants Austal USA. LLC 401(k) Plan, Total assets ($B): 0.115185638 · Participants: 2524Austal USA. LLC 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
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 →

Austal USA. LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is US Fertility Holdings, LLC Profit Sharing Plan in MD ($115M); by covered participants it is Ed Napleton Dealership Group 401(k) Plan in IL (2,524 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,524 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 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).
Which 401(k) plans cover a similar participant headcount to Austal USA. LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ed Napleton Dealership Group 401(k) Plan in IL (2,524 participants, $42M 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 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.