401(k) · DOL Form 5500 · 2024

Philly Shipyard, Inc. 401(k) Plan

Data updated 2026-08-11

$38M
Total assets: 519
Participants: 81st
Percentile by assets: $73,444
Avg per participant

Official DOL plan name: Philly Shipyard 401(k) Plan · Sponsored by Philly Shipyard, Inc. · Pennsylvania · Manufacturing

$38M in assets, 519 participants

Philly Shipyard, Inc.'s Philly Shipyard 401(k) Plan reported $38M in total assets and 519 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

81st percentile by assets (of 123,622 plans)
#13,007 in Manufacturing (17,777 peers)

Where Philly Shipyard 401(k) Plan sits by assets

Philly Shipyard 401(k) Plan sits in the top quartile of all filed plans by assets, $38M for 519 participants (~$73,444/participant), up 24.6% in 2024.

$38M
total plan assets (2024 EOY): 519
covered participants: 81st
percentile by assets (of 123,622 plans): $73,444
avg assets per participant

Where Philly Shipyard 401(k) Plan sits by total assets

Philly Shipyard 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$38,117,386 Top 19% higher than 81% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Philly Shipyard 401(k) Plan reported net income rose from $5M in the plan year 2023 filing to $8M in the plan year 2024 filing.
Philly Shipyard 401(k) Plan end-of-year assets rose from $31M in the plan year 2023 filing to $38M in the plan year 2024 filing.
Philly Shipyard 401(k) Plan reported participants rose from 421 in the plan year 2023 filing to 519 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Manufacturing

Philly Shipyard 401(k) Plan vs the 2024 asset distribution

By assets, Philly Shipyard 401(k) Plan outranks 81% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$31M
Net Assets (End of Year)	$38M
Net Income	$8M
Employer EIN	232946098
Plan Effective Date	2022-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Philly Shipyard, Inc.)

Total plan assets by year, all Philly Shipyard, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	421	$25M
2023	1	421	$31M
2024	1	519	$38M

Nearby 401(k) Plans in Pennsylvania

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

Philly Shipyard 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
The Cigna Group 401(k) Plan $14.2B · 63,634
The Vanguard Retirement and Savings Plan $11.1B · 18,066
Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604

Compare Philly Shipyard 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

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

Worldwide Golf Shops LLC 401(k) Plan (CA) $38M · 1,516
Bregal Investments, Inc. 401(k) Plan (NY) $38M · 90
Pctel, Inc. 401(k) Plan (IL) $38M · 180
American Renolit Corporation 401(k) Plan (IN) $38M · 351

Frequently Asked Questions

How did Philly Shipyard 401(k) Plan assets move in 2024? ▼

Philly Shipyard 401(k) Plan grew sharply - up 24.6% during 2024, from $31M to $38M. Reported net income was $8M.

How have Philly Shipyard, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Philly Shipyard, Inc.'s sponsor-wide assets grew 51.2%, from $25M to $38M.

Where does Philly Shipyard 401(k) Plan rank by assets among Form 5500 filers? ▼

Philly Shipyard 401(k) Plan ranks in the 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to Philly Shipyard 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Worldwide Golf Shops LLC 401(k) Plan in CA ($38M, 1,516 participants).

Next read for Philly Shipyard 401(k) Plan

Scale reading

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

By total assets, Philly Shipyard 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
Philly Shipyard, Inc.'s sponsor-wide assets have grown 51.2% since 2022 across 3 plan years on file. More Manufacturing 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 232946098.