401(k) · DOL Form 5500 · 2023

Hanwha Aerospace USA LLC 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
545
Participants Below avg headcount
86th
Percentile by assets National rank
$96,298
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hanwha Aerospace USA LLC 401(k) Plan · Sponsored by Hanwha Aerospace USA LLC · Connecticut · Manufacturing

$52M in assets, 545 participants

Hanwha Aerospace USA LLC's Hanwha Aerospace USA LLC 401(k) Plan reported $52M in total assets and 545 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,936 in Manufacturing (18,722 peers)

Where Hanwha Aerospace USA LLC 401(k) Plan sits by assets

Hanwha Aerospace USA LLC 401(k) Plan sits in the top quartile of all filed plans by assets, $52M for 545 participants (~$96,298/participant), up 10.8% in 2023.

#14,936
in Manufacturing (18,722 peers)
+10.8%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Hanwha Aerospace USA LLC 401(k) Plan's outsized position by total assets

Hanwha Aerospace USA LLC 401(k) Plan vs every filed plan by assets

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

$52,482,273 Top 14% higher than 86% 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

Hanwha Aerospace USA LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanwha Aerospace USA LLC 401(k) Plan sits mid-pack in the medium band (545 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hanwha Aerospace USA LLC 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Hanwha Aerospace USA LLC 401(k) Plan end-of-year assets rose from $47M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • Hanwha Aerospace USA LLC 401(k) Plan reported participants rose from 517 in the plan year 2022 filing to 545 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 391515599 · Hanwha Aerospace USA LLC PY 2023 · 401(k)

Hanwha Aerospace USA LLC 401(k) Plan · $52M · 545 · 86th

  • PHOTO $52M
  • IND 545
  • EOY 86th
  • 5500 401(k)
  • ASSETS near Renishaw, Inc. Employee Salary Savings Plan
  • PCT ind #14936

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 Connecticut →

Hanwha Aerospace USA LLC 401(k) Plan in the asset neighbourhood

Renishaw, Inc. Employee Salary Savings PlanRenishaw, Inc. Employee Sala…$52MMinnesota Urology P. a. 401(k) Profit Sharing PlanMinnesota Urology P. a. 401(…$52MHanwha Aerospace USA LLC 401(k) PlanHanwha Aerospace USA LLC 401…$52MTeam Belvedere LLC 401(k) PlanTeam Belvedere LLC 401(k) Pl…$52MAmerican Association of Motor Vehicle Administrators (Aamva) 401(k) PlanAmerican Association of Moto…$52M
End-of-year total assets ($M) among Hanwha Aerospace USA LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$52M
Net Income$5M
Employer EIN391515599
Plan Effective Date1966-12-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanwha Aerospace USA LLC)

Sponsor-wide plan assets over time

All Hanwha Aerospace USA LLC plans reported in each filing year

Latest sponsor-wide plan assets
$55M 8.572466223594837% vs 2022
2024 filing year
$50M$52M$54M$56M 202220232024 $50.8M $55.1M ▲ +8.6%
Year Plans Participants Total Assets
2022 2 526 $51M
2023 2 546 $52M
2024 1 538 $55M

Nearby 401(k) Plans in Connecticut

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

Hanwha Aerospace USA LLC 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hanwha Aerospace USA LLC 401(k) Plan, Total assets ($B): 0.052482273 · Participants: 545Hanwha Aerospace USA LLC 401(k) PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Hanwha Aerospace USA LLC 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

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

Outside Connecticut, the nearest 401(k) by assets is Renishaw, Inc. Employee Salary Savings Plan in IL ($52M); by covered participants it is Ref-Chem Retirement Plan in TX (545 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (545 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 Hanwha Aerospace USA LLC 401(k) Plan assets move in 2023?
Hanwha Aerospace USA LLC 401(k) Plan grew at a solid clip - up 10.8% during 2023, from $47M to $52M. Reported net income was $5M.
How have Hanwha Aerospace USA LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanwha Aerospace USA LLC's sponsor-wide assets grew 8.6%, from $51M to $55M.
Where does Hanwha Aerospace USA LLC 401(k) Plan rank by assets among Form 5500 filers?
Hanwha Aerospace USA LLC 401(k) Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hanwha Aerospace USA LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Renishaw, Inc. Employee Salary Savings Plan in IL ($52M, 210 participants).
Which 401(k) plans cover a similar participant headcount to Hanwha Aerospace USA LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ref-Chem Retirement Plan in TX (545 participants, N/A in assets).