401(k) · DOL Form 5500 · 2023

Naval Systems, Inc 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
336
Participants Below avg headcount
71st
Percentile by assets National rank
$55,067
Avg per participant Low balance/head
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Official DOL plan name: Naval Systems, Inc 401(k) Plan · Sponsored by Naval Systems, Inc · Maryland · Professional & Technical Services

$19M in assets, 336 participants

Naval Systems, Inc's Naval Systems, Inc 401(k) Plan reported $19M in total assets and 336 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #14,376 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Naval Systems, Inc 401(k) Plan covers 336 participants in Maryland, about 36% of the average Maryland filer (state average ~929 per filing). Assets: $19M.

#14,376
in Professional & Technical Services (20,321 peers)
+36.3%
assets growth YoY

Naval Systems, Inc 401(k) Plan's outsized position by total assets

Naval Systems, Inc 401(k) Plan vs every filed plan by assets

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

$18,502,470 Top 29% higher than 71% 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

Naval Systems, 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. Naval Systems, Inc 401(k) Plan sits mid-pack in the medium band (336 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Naval Systems, Inc 401(k) Plan reported net income rose from -$287K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Naval Systems, Inc 401(k) Plan end-of-year assets rose from $14M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Naval Systems, Inc 401(k) Plan reported participants rose from 308 in the plan year 2022 filing to 336 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 522438690 · Naval Systems, Inc PY 2023 · 401(k)

Naval Systems, Inc 401(k) Plan · $19M · 336 · 71st

  • PCT $19M
  • PCT 336
  • PCT 71st
  • PCT 401(k)
  • PCT near Amylyx Pharmaceuticals Retirement Plan
  • PCT ind #14376

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 Professional & Technical Services retirement plans → · Plans in Maryland →

Naval Systems, Inc 401(k) Plan in the asset neighbourhood

Naval Systems, Inc 401(k) PlanNaval Systems, Inc 401(k) Pl…$19MAmylyx Pharmaceuticals Retirement PlanAmylyx Pharmaceuticals Retir…$19MAuburn Gear, LLC 401(k) Plan$19MH&h Automotive Profit Sharing PlanH&h Automotive Profit Sharin…$19MDynasil Companies 401(k) Plan$19M
End-of-year total assets ($M) among Naval Systems, Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$19M
Net Income$5M
Employer EIN522438690
Plan Effective Date2007-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Naval Systems, Inc)

Sponsor-wide plan assets over time

All Naval Systems, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$23M 68.57362535017411% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $13.6M $22.9M ▲ +68.6%
Year Plans Participants Total Assets
2022 1 308 $14M
2023 1 336 $19M
2024 1 335 $23M

Nearby 401(k) Plans in Maryland

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

Naval Systems, Inc 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Naval Systems, Inc 401(k) Plan, Total assets ($B): 0.01850247 · Participants: 336Naval Systems, Inc 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Naval Systems, Inc 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Naval Systems, Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Amylyx Pharmaceuticals Retirement Plan in MA ($19M); by covered participants it is Brownells, Inc. 401(k) Plan in IA (336 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($19M here).

Similar participant headcount

Nearest other-state filings by covered participants (336 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 Naval Systems, Inc 401(k) Plan assets move in 2023?
Naval Systems, Inc 401(k) Plan surged - up 36.3% during 2023, from $14M to $19M. Reported net income was $5M.
How have Naval Systems, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Naval Systems, Inc's sponsor-wide assets grew 68.6%, from $14M to $23M.
Which 401(k) plans are similar in size to Naval Systems, Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Amylyx Pharmaceuticals Retirement Plan in MA ($19M, 221 participants).
Which 401(k) plans cover a similar participant headcount to Naval Systems, Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Brownells, Inc. 401(k) Plan in IA (336 participants, $23M in assets).