401(k) · DOL Form 5500 · 2023

Kongsberg Maritime, Inc. 401(k) Plan

Data updated 2026-08-11

$85M
Total assets
467
Participants
90th
Percentile by assets
$181,704
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Kongsberg 401(k) Plan · Sponsored by Kongsberg Maritime, Inc. · Washington · Wholesale Trade

$85M in assets, 467 participants

Kongsberg Maritime, Inc.'s Kongsberg 401(k) Plan reported $85M in total assets and 467 participants in its 2023 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 127,072 plans)
  • #5,788 in Wholesale Trade (6,309 peers)

Coverage in Washington

Kongsberg 401(k) Plan covers 467 participants in Washington, about 32% of the average Washington filer (state average ~1,476 per filing). Assets: $85M.

$85M
total plan assets (2023 EOY)
467
covered participants
90th
percentile by assets (of 127,072 plans)
$181,704
avg assets per participant

Where Kongsberg 401(k) Plan sits by total assets

Kongsberg 401(k) Plan vs every filed plan by assets

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

$84,855,856 Top 10% higher than 90% 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

  • Kongsberg 401(k) Plan reported net income rose from -$16M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Kongsberg 401(k) Plan end-of-year assets rose from $71M in the plan year 2022 filing to $85M in the plan year 2023 filing.
  • Kongsberg 401(k) Plan reported participants rose from 443 in the plan year 2022 filing to 467 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Kongsberg 401(k) Plan reports 467 participants - about 32% of that state average ($85M EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$85M
Net Income$14M
Employer EIN911476574
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kongsberg Maritime, Inc.)

$60M$70M$80M$90M$100M 202220232024 $71M $95.4M ▲ +34.5%
Total plan assets by year, all Kongsberg Maritime, Inc. plans on file
Year Plans Participants Total Assets
2022 1 443 $71M
2023 1 467 $85M
2024 1 510 $95M

Nearby 401(k) Plans in Washington

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

Kongsberg 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Kongsberg 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 Kongsberg 401(k) PlanThe Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…T-Mobile USA, Inc. 4…401(k) Savings Plan
Kongsberg 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Kongsberg 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Kongsberg 401(k) Plan assets move in 2023?
Kongsberg 401(k) Plan grew sharply - up 19.6% during 2023, from $71M to $85M. Reported net income was $14M.
How have Kongsberg Maritime, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kongsberg Maritime, Inc.'s sponsor-wide assets grew 34.5%, from $71M to $95M.
Where does Kongsberg 401(k) Plan rank by assets among Form 5500 filers?
Kongsberg 401(k) Plan ranks in the 90th 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 Kongsberg 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Iherb 401(k) Plan in CA ($85M, 1,678 participants).

Filing takeaways

Ways to act on Kongsberg 401(k) Plan's numbers.