401(k) · DOL Form 5500 · 2023

Naes Corporation 401(k) Plan

Data updated 2026-08-25

$101M
Total assets Near avg plan size
399
Participants Below avg headcount
91st
Percentile by assets National rank
$252,045
Avg per participant Above avg balance/head
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Official DOL plan name: Naes Corporation Corporate Retirement and 401(k) Plan · Sponsored by Naes Corporation · Washington · Utilities

$101M in assets, 399 participants

Naes Corporation's Naes Corporation Corporate Retirement and 401(k) Plan reported $101M in total assets and 399 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.

  • #455 in Utilities (721 peers)

Coverage in Washington

Naes Corporation Corporate Retirement and 401(k) Plan covers 399 participants in Washington, about 27% of the average Washington filer (state average ~1,476 per filing). Assets: $101M.

#455
in Utilities (721 peers)
+15.9%
assets growth YoY
1.0×
vs typical plan assets (national mean)

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

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

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

$100,566,036 Top 9% higher than 91% 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 Corporate Retirement and 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. Naes Corporation Corporate Retirement and 401(k) Plan sits mid-pack in the medium band (399 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Naes Corporation Corporate Retirement and 401(k) Plan reported net income rose from -$17M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Naes Corporation Corporate Retirement and 401(k) Plan end-of-year assets rose from $87M in the plan year 2022 filing to $101M in the plan year 2023 filing.
  • Naes Corporation Corporate Retirement and 401(k) Plan reported participants fell from 431 in the plan year 2022 filing to 399 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 Corporate Retirement and 401(k) Plan · $101M · 399 · 91st

  • NET $101M
  • BOOK 399
  • VS-ST 91st
  • BOY 401(k)
  • SCH near 1199seiu National Benefit Fund and Affiliated Organizations 401(k) Plan
  • EBSA ind #455

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 Corporate Retirement and 401(k) Plan in the asset neighbourhood

Heartland Express, Inc. of Iowa 401(k) PlanHeartland Express, Inc. of I…$101MNaes Corporation Corporate Retirement and 401(k) PlanNaes Corporation Corporate R…$101M1199seiu National Benefit Fund and Affiliated Organizations 401(k) Plan1199seiu National Benefit Fu…$101MInternational Bancshares Corporation Employees Profit Sharing Plan and TrustInternational Bancshares Cor…$101MCarmody Torrance Sandak & Hennessey LLP Employees' Profit Sharing PlanCarmody Torrance Sandak & He…$101M
End-of-year total assets ($M) among Naes Corporation Corporate Retirement and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$87M
Net Assets (End of Year)$101M
Net Income$14M
Employer EIN911111672
Plan Effective Date2008-02-01
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 Corporate Retirement and 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Naes Corporation Corporate Retirement and 401(k) Plan, Total assets ($B): 0.100566036 · Participants: 399Naes Corporation Corporate Retirement and 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 Corporate Retirement and 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants
Compare Naes Corporation Corporate Retirement and 401(k) Plan side-by-side with 3 peers →

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

Outside Washington, the nearest 401(k) by assets is 1199seiu National Benefit Fund and Affiliated Organizations 401(k) Plan in NY ($101M); by covered participants it is Longbridge Financial LLC 401(k) Profit Sharing Plan in NJ (399 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (399 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 Corporate Retirement and 401(k) Plan assets move in 2023? ▼
Naes Corporation Corporate Retirement and 401(k) Plan grew sharply - up 15.9% during 2023, from $87M to $101M. Reported net income was $14M.
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 Corporate Retirement and 401(k) Plan rank by assets among Form 5500 filers? ▼
Naes Corporation Corporate Retirement and 401(k) Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Naes Corporation Corporate Retirement and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is 1199seiu National Benefit Fund and Affiliated Organizations 401(k) Plan in NY ($101M, 1,443 participants).
Which 401(k) plans cover a similar participant headcount to Naes Corporation Corporate Retirement and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Longbridge Financial LLC 401(k) Profit Sharing Plan in NJ (399 participants, $16M 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.