401(k) · DOL Form 5500 · 2024

Global Aerospace, Inc. 401(k) Plan

Data updated 2026-08-11

$106M
Total assets: 173
Participants: 91st
Percentile by assets: $611,563
Avg per participant

Official DOL plan name: The Capital Accumulation Plan of Global Aerospace, Inc. · Sponsored by Global Aerospace, Inc. · New Jersey · Finance & Insurance

$106M in assets, 173 participants

Global Aerospace, Inc.'s The Capital Accumulation Plan of Global Aerospace, Inc. reported $106M in total assets and 173 participants in its 2024 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.

91st percentile by assets (of 123,622 plans)
#7,319 in Finance & Insurance (8,549 peers)

Coverage in New Jersey

The Capital Accumulation Plan of Global Aerospace, Inc. covers 173 participants in New Jersey, about 20% of the average New Jersey filer (state average ~844 per filing). Assets: $106M.

$106M
total plan assets (2024 EOY): 173
covered participants: 91st
percentile by assets (of 123,622 plans): $611,563
avg assets per participant

The Capital Accumulation Plan of Global Aerospace, Inc. reported net income fell from $17M in the plan year 2023 filing to $10M in the plan year 2024 filing.
The Capital Accumulation Plan of Global Aerospace, Inc. end-of-year assets rose from $96M in the plan year 2023 filing to $106M in the plan year 2024 filing.
The Capital Accumulation Plan of Global Aerospace, Inc. reported participants fell from 179 in the plan year 2023 filing to 173 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New Jersey

Industry

Finance & Insurance

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. The Capital Accumulation Plan of Global Aerospace, Inc. reports 173 participants - about 20% of that state average ($106M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$96M
Net Assets (End of Year)	$106M
Net Income	$10M
Employer EIN	223259042
Plan Effective Date	1964-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Global Aerospace, Inc.)

Total plan assets by year, all Global Aerospace, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	191	$79M
2023	1	179	$96M
2024	1	173	$106M

Nearby 401(k) Plans in New Jersey

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

The Capital Accumulation Plan of Global Aerospace, Inc. vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
Verizon Savings Plan for Management Employees $29.4B · 69,218
Johnson and Johnson Savings Plan $23.6B · 42,583
Ernst & Young Retirement Savings Plan $18.3B · 56,714
Merck US Savings Plan $15.0B · 27,956

Compare The Capital Accumulation Plan of Global … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Capital Accumulation Plan of Global Aerospace, Inc. by total assets, not by location.

Legends 401(k) Profit Sharing Plan (NY) $106M · 16,106
Gemini, Incorporated Profit Sharing Plan (MN) $106M · 856
Sweetwater 401(k) and Profit Sharing Plan (IN) $106M · 2,426
Massey Services, Inc. 401(k) Retirement Plan (FL) $106M · 2,784

Frequently Asked Questions

How did The Capital Accumulation Plan of Global Aerospace, Inc. assets move in 2024? ▼

The Capital Accumulation Plan of Global Aerospace, Inc. grew at a solid clip - up 10.2% during 2024, from $96M to $106M. Reported net income was $10M.

How have Global Aerospace, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Global Aerospace, Inc.'s sponsor-wide assets grew 33.6%, from $79M to $106M.

Where does The Capital Accumulation Plan of Global Aerospace, Inc. rank by assets among Form 5500 filers? ▼

The Capital Accumulation Plan of Global Aerospace, Inc. ranks in the 91st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to The Capital Accumulation Plan of Global Aerospace, Inc.? ▼

Among 401(k) plans in other states, the closest by assets is Legends 401(k) Profit Sharing Plan in NY ($106M, 16,106 participants).

Next read for The Capital Accumulation Plan of Global …

Filing takeaways

Ways to act on The Capital Accumulation Plan of Global Aerospace, Inc.'s numbers.

By total assets, The Capital Accumulation Plan of Global Aerospace, Inc. ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
Global Aerospace, Inc.'s sponsor-wide assets have grown 33.6% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 223259042.