401(k) · DOL Form 5500 · 2023

Naes Corporation 401(k) Plan

Data updated 2026-08-25

$558M
Total assets Above avg plan size
1,799
Participants Near avg headcount
98th
Percentile by assets National rank
$309,911
Avg per participant High balance/head
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Official DOL plan name: Naes Corporation Retirement & 401(k) Plan · Sponsored by Naes Corporation · Washington · Utilities

$558M in assets, 1,799 participants

Naes Corporation's Naes Corporation Retirement & 401(k) Plan reported $558M in total assets and 1,799 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • #603 in Utilities (721 peers)

Where Naes Corporation Retirement & 401(k) Plan sits by assets

Naes Corporation Retirement & 401(k) Plan sits in the top 5% of all filed plans by assets, $558M for 1,799 participants (~$309,911/participant), up 18.2% in 2023.

#603
in Utilities (721 peers)
+18.2%
assets growth YoY
5.6×
vs typical plan assets (national mean)

Naes Corporation Retirement & 401(k) Plan's outsized position by total assets

Naes Corporation Retirement & 401(k) Plan vs every filed plan by assets

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

$557,530,403 Top 2% higher than 98% 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

Naes Corporation Retirement & 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. Naes Corporation Retirement & 401(k) Plan lands in the large band (1,799 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Naes Corporation Retirement & 401(k) Plan reported net income rose from -$133M in the plan year 2022 filing to $86M in the plan year 2023 filing.
  • Naes Corporation Retirement & 401(k) Plan end-of-year assets rose from $472M in the plan year 2022 filing to $558M in the plan year 2023 filing.
  • Naes Corporation Retirement & 401(k) Plan reported participants fell from 1,899 in the plan year 2022 filing to 1,799 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 911111672 · Naes Corporation PY 2023 · 401(k)

Naes Corporation Retirement & 401(k) Plan · $558M · 1,799 · 98th

  • NET $558M
  • BOOK 1,799
  • VS-ST 98th
  • BOY 401(k)
  • SCH near Veradigm LLC. Retirement Savings Plan
  • EBSA ind #603

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 Utilities retirement plans → · Plans in Washington →

Naes Corporation Retirement & 401(k) Plan in the asset neighbourhood

Marcum LLP 401(k) Plan$558M401(k) Savings and Retirement Plan, Sponsored by Natixis Investment Managers, LLC401(k) Savings and Retiremen…$558MKamehameha Schools 401(k) Retirement Savings PlanKamehameha Schools 401(k) Re…$558MVeradigm LLC. Retirement Savings PlanVeradigm LLC. Retirement Sav…$558MNaes Corporation Retirement & 401(k) PlanNaes Corporation Retirement …$558M
End-of-year total assets ($M) among Naes Corporation Retirement & 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)$472M
Net Assets (End of Year)$558M
Net Income$86M
Employer EIN911111672
Plan Effective Date1980-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Naes Corporation)

Sponsor-wide plan assets over time

All Naes Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$756M 35.36937414306446% vs 2022
2024 filing year
$500M$600M$700M$800M 202220232024 $559M $756M ▲ +35.4%
Year Plans Participants Total Assets
2022 2 2,330 $559M
2023 2 2,198 $658M
2024 2 2,651 $756M

Nearby 401(k) Plans in Washington

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

Naes Corporation Retirement & 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Naes Corporation Retirement & 401(k) Plan, Total assets ($B): 0.557530403 · Participants: 1799Naes Corporation Retirement & 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Naes Corporation Retirement & 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Naes Corporation Retirement & 401(k) Plan side-by-side with 3 peers →

Naes Corporation Retirement & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Veradigm LLC. Retirement Savings Plan in NC ($558M); by covered participants it is Fuyao USA 401(k) Retirement Plan in OH (1,799 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,799 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 Naes Corporation Retirement & 401(k) Plan assets move in 2023? ▼
Naes Corporation Retirement & 401(k) Plan grew sharply - up 18.2% during 2023, from $472M to $558M. Reported net income was $86M.
How have Naes Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Naes Corporation's sponsor-wide assets grew 35.4%, from $559M to $756M.
Where does Naes Corporation Retirement & 401(k) Plan rank by assets among Form 5500 filers? ▼
Naes Corporation Retirement & 401(k) Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Naes Corporation Retirement & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Veradigm LLC. Retirement Savings Plan in NC ($558M, 1,717 participants).
Which 401(k) plans cover a similar participant headcount to Naes Corporation Retirement & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fuyao USA 401(k) Retirement Plan in OH (1,799 participants, $48M 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 911111672.

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.