401(k) · DOL Form 5500 · 2023

Ocean Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
102
Participants Small participant base
50th
Percentile by assets National rank
$66,221
Avg per participant Below avg balance/head
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Official DOL plan name: Ocean Associates, Inc. 401(k) Plan · Sponsored by Ocean Associates, Inc. · Virginia · Professional & Technical Services

$7M in assets, 102 participants

Ocean Associates, Inc.'s Ocean Associates, Inc. 401(k) Plan reported $7M in total assets and 102 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #9,883 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Ocean Associates, Inc. 401(k) Plan covers 102 participants in Virginia, about 13% of the average Virginia filer (state average ~782 per filing). Assets: $7M.

#9,883
in Professional & Technical Services (20,321 peers)
+28.3%
assets growth YoY

Ocean Associates, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Ocean Associates, Inc. 401(k) Plan vs every filed plan by assets

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

$6,754,556 Top 50% higher than 50% 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

Ocean Associates, Inc. 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. Ocean Associates, Inc. 401(k) Plan sits mid-pack in the medium band (102 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ocean Associates, Inc. 401(k) Plan reported net income rose from -$258K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Ocean Associates, Inc. 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Ocean Associates, Inc. 401(k) Plan reported participants rose from 95 in the plan year 2022 filing to 102 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 710931202 · Ocean Associates, Inc. PY 2023 · 401(k)

Ocean Associates, Inc. 401(k) Plan · $7M · 102 · 50th

  • EIN $7M
  • EIN 102
  • EIN 50th
  • EIN 401(k)
  • EIN near Lux Research, Inc. 401(k) Profit Sharing Plan
  • EIN ind #9883

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Ocean Associates, Inc. 401(k) Plan in the asset neighbourhood

Ocean Associates, Inc. 401(k) PlanOcean Associates, Inc. 401(k…$7MLux Research, Inc. 401(k) Profit Sharing PlanLux Research, Inc. 401(k) Pr…$7MCalifornia Payroll Group 401(k) PlanCalifornia Payroll Group 401…$7MNova Mud, Inc. 401(k) Profit Sharing PlanNova Mud, Inc. 401(k) Profit…$7MFba Retirement Plan$7M
End-of-year total assets ($M) among Ocean Associates, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$1M
Employer EIN710931202
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocean Associates, Inc.)

Sponsor-wide plan assets over time

All Ocean Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 64.96288137041715% vs 2022
2024 filing year
$4M$6M$8M$10M 202220232024 $5.27M $8.69M ▲ +64.9%
Year Plans Participants Total Assets
2022 1 95 $5M
2023 1 102 $7M
2024 1 121 $9M

Nearby 401(k) Plans in Virginia

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

Ocean Associates, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Ocean Associates, Inc. 401(k) Plan, Total assets ($B): 0.006754556 · Participants: 102Ocean Associates, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Ocean Associates, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Ocean Associates, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Lux Research, Inc. 401(k) Profit Sharing Plan in MA ($7M); by covered participants it is Air-Land Transport Service, Inc. 401(k) Plan in IL (102 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (102 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 Ocean Associates, Inc. 401(k) Plan assets move in 2023?
Ocean Associates, Inc. 401(k) Plan grew sharply - up 28.3% during 2023, from $5M to $7M. Reported net income was $1M.
How have Ocean Associates, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ocean Associates, Inc.'s sponsor-wide assets grew 65.0%, from $5M to $9M.
Which 401(k) plans are similar in size to Ocean Associates, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Lux Research, Inc. 401(k) Profit Sharing Plan in MA ($7M, 58 participants).
Which 401(k) plans cover a similar participant headcount to Ocean Associates, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Air-Land Transport Service, Inc. 401(k) Plan in IL (102 participants, $5M in assets).