401(k) · DOL Form 5500 · 2023

Thales USA, Inc. 401(k) Plan

Data updated 2026-08-11

$1.3B
Total assets: 3,700
Participants: 99th
Percentile by assets: $349,428
Avg per participant

Official DOL plan name: Thales Incentive 401(k) Savings Plan · Sponsored by Thales USA, Inc. · Virginia · Wholesale Trade

$1.3B in assets, 3,700 participants

Thales USA, Inc.'s Thales Incentive 401(k) Savings Plan reported $1.3B in total assets and 3,700 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

99th percentile by assets (of 127,072 plans)
#6,263 in Wholesale Trade (6,309 peers)

Coverage in Virginia

Thales Incentive 401(k) Savings Plan covers 3,700 participants in Virginia, 4.7x the typical Virginia plan (state average ~782 per filing). Assets: $1.3B.

$1.3B
total plan assets (2023 EOY): 3,700
covered participants: 99th
percentile by assets (of 127,072 plans): $349,428
avg assets per participant

Where Thales Incentive 401(k) Savings Plan sits by total assets

Thales Incentive 401(k) Savings Plan vs every filed plan by assets

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

$1,292,881,986 Top 1% higher than 99% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Thales Incentive 401(k) Savings Plan reported net income rose from -$282M in the plan year 2022 filing to $236M in the plan year 2023 filing.
Thales Incentive 401(k) Savings Plan end-of-year assets rose from $1.1B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.
Thales Incentive 401(k) Savings Plan reported participants fell from 3,778 in the plan year 2022 filing to 3,700 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Virginia

Industry

Wholesale Trade

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Thales Incentive 401(k) Savings Plan reports 3,700 participants - 4.7x that state average ($1.3B EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$1.1B
Net Assets (End of Year)	$1.3B
Net Income	$236M
Employer EIN	060938363
Plan Effective Date	1990-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Thales USA, Inc.)

Total plan assets by year, all Thales USA, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	3	3,807	$1.1B
2023	3	3,719	$1.3B
2024	3	4,077	$1.6B

Nearby 401(k) Plans in Virginia

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

Thales Incentive 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Northrop Grumman Savings Plan $36.2B · 97,987
401(k) Pension Plan $15.0B · 62,467
General Dynamics Corporation 401(k) Plan 6.0 $11.2B · 48,860
Leidos, Inc. Retirement Plan $10.6B · 27,043
Bae Systems Employees' Savings and Investment Plan $9.4B · 31,681

Compare Thales Incentive 401(k) Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Thales Incentive 401(k) Savings Plan by total assets, not by location.

Andersen 401(k) Plan (MN) $1.3B · 12,184
Disney Hourly Savings and Investment Plan (CA) $1.3B · 66,641
Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan (SC) $1.3B · 11,348
Gibson, Dunn & Crutcher LLP Retirement Plan (CA) $1.3B · 2,434

Frequently Asked Questions

How did Thales Incentive 401(k) Savings Plan assets move in 2023? ▼

Thales Incentive 401(k) Savings Plan grew sharply - up 22.4% during 2023, from $1.1B to $1.3B. Reported net income was $236M.

How have Thales USA, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Thales USA, Inc.'s sponsor-wide assets grew 50.0%, from $1.1B to $1.6B.

Where does Thales Incentive 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Thales Incentive 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).

Which 401(k) plans are similar in size to Thales Incentive 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Andersen 401(k) Plan in MN ($1.3B, 12,184 participants).

Next read for Thales Incentive 401(k) Savings Plan

Filing takeaways

Ways to act on Thales Incentive 401(k) Savings Plan's numbers.

By total assets, Thales Incentive 401(k) Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Virginia. Compare plans
Thales USA, Inc.'s sponsor-wide assets have grown 50.0% since 2022 across 3 plan years on file. More Wholesale Trade 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 060938363.