401(k) · DOL Form 5500 · 2023

Kongsberg Automotive Inc 401(k) Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
460
Participants Below avg headcount
84th
Percentile by assets National rank
$96,788
Avg per participant Below avg balance/head
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Official DOL plan name: Kongsberg Automotive, Inc. 401(k) Plan · Sponsored by Kongsberg Automotive Inc · Michigan · Manufacturing

$45M in assets, 460 participants

Kongsberg Automotive Inc's Kongsberg Automotive, Inc. 401(k) Plan reported $45M in total assets and 460 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #14,503 in Manufacturing (18,722 peers)

Where Kongsberg Automotive, Inc. 401(k) Plan sits by assets

Kongsberg Automotive, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $45M for 460 participants (~$96,788/participant), up 13.5% in 2023.

#14,503
in Manufacturing (18,722 peers)
+13.5%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Kongsberg Automotive, Inc. 401(k) Plan's outsized position by total assets

Kongsberg Automotive, Inc. 401(k) Plan vs every filed plan by assets

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

$44,522,437 Top 16% higher than 84% 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

Kongsberg Automotive, 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. Kongsberg Automotive, Inc. 401(k) Plan sits mid-pack in the medium band (460 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Kongsberg Automotive, Inc. 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Kongsberg Automotive, Inc. 401(k) Plan end-of-year assets rose from $39M in the plan year 2022 filing to $45M in the plan year 2023 filing.
  • Kongsberg Automotive, Inc. 401(k) Plan reported participants fell from 499 in the plan year 2022 filing to 460 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 382913508 · Kongsberg Automotive Inc PY 2023 · 401(k)

Kongsberg Automotive, Inc. 401(k) Plan · $45M · 460 · 84th

  • VS-ST $45M
  • BOY 460
  • SCH 84th
  • EBSA 401(k)
  • PART near Transcendia, Inc. 401(k) and Profit Sharing Plan
  • TYPE ind #14503

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 Michigan →

Kongsberg Automotive, Inc. 401(k) Plan in the asset neighbourhood

Oneblood Defined Contribution Retirement PlanOneblood Defined Contributio…$45MDekra America, Inc. 401(k) PlanDekra America, Inc. 401(k) P…$45MKongsberg Automotive, Inc. 401(k) PlanKongsberg Automotive, Inc. 4…$45MTranscendia, Inc. 401(k) and Profit Sharing PlanTranscendia, Inc. 401(k) and…$45MEmployees Profit Sharing Plan of Gregory & Appel Inc.Employees Profit Sharing Pla…$45M
End-of-year total assets ($M) among Kongsberg Automotive, Inc. 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)$39M
Net Assets (End of Year)$45M
Net Income$5M
Employer EIN382913508
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kongsberg Automotive Inc)

Sponsor-wide plan assets over time

All Kongsberg Automotive Inc plans reported in each filing year

Latest sponsor-wide plan assets
$45M 14.45471199899896% vs 2022
2024 filing year
$38M$40M$42M$44M$46M 202220232024 $39.2M $44.9M ▲ +14.5%
Year Plans Participants Total Assets
2022 1 499 $39M
2023 1 460 $45M
2024 1 478 $45M

Nearby 401(k) Plans in Michigan

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

Kongsberg Automotive, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Kongsberg Automotive, Inc. 401(k) Plan, Total assets ($B): 0.044522437 · Participants: 460Kongsberg Automotive, Inc. 401(k) PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Kongsberg Automotive, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Kongsberg Automotive, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Transcendia, Inc. 401(k) and Profit Sharing Plan in IL ($45M); by covered participants it is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (460 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (460 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 Kongsberg Automotive, Inc. 401(k) Plan assets move in 2023? ▼
Kongsberg Automotive, Inc. 401(k) Plan grew at a solid clip - up 13.5% during 2023, from $39M to $45M. Reported net income was $5M.
How have Kongsberg Automotive Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Kongsberg Automotive Inc's sponsor-wide assets grew 14.5%, from $39M to $45M.
Where does Kongsberg Automotive, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Kongsberg Automotive, Inc. 401(k) Plan ranks in the 84th 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 Kongsberg Automotive, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Transcendia, Inc. 401(k) and Profit Sharing Plan in IL ($45M, 659 participants).
Which 401(k) plans cover a similar participant headcount to Kongsberg Automotive, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Laerdal Medical Corporation 401(k) Profit Sharing Plan in NY (460 participants, $61M 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 382913508.

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.