401(k) · DOL Form 5500 · 2024

Hanwha Aerospace USA LLC 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
538
Participants Below avg headcount
85th
Percentile by assets National rank
$102,471
Avg per participant Below avg balance/head
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Official DOL plan name: Hanwha Aerospace 401(k) Retirement Savings Plan · Sponsored by Hanwha Aerospace USA LLC · Connecticut · Manufacturing

$55M in assets, 538 participants

Hanwha Aerospace USA LLC's Hanwha Aerospace 401(k) Retirement Savings Plan reported $55M in total assets and 538 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,024 in Manufacturing (17,777 peers)

Where Hanwha Aerospace 401(k) Retirement Savings Plan sits by assets

Hanwha Aerospace 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $55M for 538 participants (~$102,471/participant), up 5.0% in 2024.

#14,024
in Manufacturing (17,777 peers)
+5.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Hanwha Aerospace 401(k) Retirement Savings Plan's outsized position by total assets

Hanwha Aerospace 401(k) Retirement Savings Plan vs every filed plan by assets

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

$55,129,535 Top 15% higher than 85% of 123,620 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 2024

Hanwha Aerospace 401(k) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanwha Aerospace 401(k) Retirement Savings Plan sits mid-pack in the medium band (538 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hanwha Aerospace 401(k) Retirement Savings Plan reported net income fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Hanwha Aerospace 401(k) Retirement Savings Plan end-of-year assets rose from $52M in the plan year 2023 filing to $55M in the plan year 2024 filing.
  • Hanwha Aerospace 401(k) Retirement Savings Plan reported participants fell from 545 in the plan year 2023 filing to 538 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 391515599 · Hanwha Aerospace USA LLC PY 2024 · 401(k)

Hanwha Aerospace 401(k) Retirement Savings Plan · $55M · 538 · 85th

  • RANK $55M
  • RANK 538
  • RANK 85th
  • RANK 401(k)
  • RANK near Premier America Retirement and Savings Plan
  • RANK ind #14024

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 Connecticut →

Hanwha Aerospace 401(k) Retirement Savings Plan in the asset neighbourhood

Safety Technology Holdings, Inc. 401(k) Savings PlanSafety Technology Holdings, …$55MHino Motors Manufacturing U.S.a., Inc. 401(k) Profit Sharing PlanHino Motors Manufacturing U.…$55MHanwha Aerospace 401(k) Retirement Savings PlanHanwha Aerospace 401(k) Reti…$55MPremier America Retirement and Savings PlanPremier America Retirement a…$55MBrazeway Savings Plan$55M
End-of-year total assets ($M) among Hanwha Aerospace 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$55M
Net Income$3M
Employer EIN391515599
Plan Effective Date1966-12-12
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanwha Aerospace USA LLC)

Sponsor-wide plan assets over time

All Hanwha Aerospace USA LLC plans reported in each filing year

Latest sponsor-wide plan assets
$55M 8.572466223594837% vs 2022
2024 filing year
$50M$52M$54M$56M 202220232024 $50.8M $55.1M ▲ +8.6%
Year Plans Participants Total Assets
2022 2 526 $51M
2023 2 546 $52M
2024 1 538 $55M

Nearby 401(k) Plans in Connecticut

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

Hanwha Aerospace 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Hanwha Aerospace 401(k) Retirement Savings Plan, Total assets ($B): 0.055129535 · Participants: 538Hanwha Aerospace 401(k) Retirement Savings PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Hanwha Aerospace 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Hanwha Aerospace 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Premier America Retirement and Savings Plan in CA ($55M); by covered participants it is First Community Bank 401(k) and Profit Sharing Plan in AR (538 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (538 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hanwha Aerospace 401(k) Retirement Savings Plan assets move in 2024?
Hanwha Aerospace 401(k) Retirement Savings Plan grew at a solid clip - up 5.0% during 2024, from $52M to $55M. Reported net income was $3M.
How have Hanwha Aerospace USA LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanwha Aerospace USA LLC's sponsor-wide assets grew 8.6%, from $51M to $55M.
Where does Hanwha Aerospace 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Hanwha Aerospace 401(k) Retirement Savings Plan ranks in the 85th 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 Hanwha Aerospace 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Premier America Retirement and Savings Plan in CA ($55M, 429 participants).
Which 401(k) plans cover a similar participant headcount to Hanwha Aerospace 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is First Community Bank 401(k) and Profit Sharing Plan in AR (538 participants, $27M in assets).