401(k) · DOL Form 5500 · 2023

Naes Corporation 401(k) Plan

Data updated 2026-08-11

$558M
Total assets
1,799
Participants
98th
Percentile by assets
$309,911
Avg per participant
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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.

  • 98th percentile by assets (of 127,072 plans)
  • #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.

$558M
total plan assets (2023 EOY)
1,799
covered participants
98th
percentile by assets (of 127,072 plans)
$309,911
avg assets per participant

Where Naes Corporation Retirement & 401(k) Plan sits 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 $2,010,000,000 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

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 →

State
Washington
Industry
Utilities

Naes Corporation Retirement & 401(k) Plan vs the 2023 asset distribution

By assets, Naes Corporation Retirement & 401(k) Plan outranks 98% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 5.6x the national average plan size of $100M (721 average participants).

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)

$500M$600M$700M$800M 202220232024 $559M $756M ▲ +35.4%
Total plan assets by year, all Naes Corporation plans on file
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 ($B) Participants Naes Corporation Ret…, Total assets ($B): 0.557530403 · Participants: 1799Naes Corporation Ret…The Boeing Company 4…, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 4…Microsoft Corporatio…, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporatio…Costco 401(k) Retire…, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retire…T-Mobile USA, Inc. 4…, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 4…401(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) Pla… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Naes Corporation Retirement & 401(k) Plan by total assets, not by location.

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).

Next read for Naes Corporation Retirement & 401(k) Pla…

Scale reading

Ways to act on Naes Corporation Retirement & 401(k) Plan's numbers.

  • By total assets, Naes Corporation Retirement & 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
  • Naes Corporation's sponsor-wide assets have grown 35.4% since 2022 across 3 plan years on file. More Utilities 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 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.