401(k) · DOL Form 5500 · 2024

Seaward Marine Services, Inc. 401(k) Plan

Data updated 2026-08-11

$39M
Total assets: 134
Participants: 81st
Percentile by assets: $294,511
Avg per participant

Official DOL plan name: Seaward Marine Services, Inc. 401(k) Plan · Sponsored by Seaward Marine Services, Inc. · Virginia · Construction

$39M in assets, 134 participants

Seaward Marine Services, Inc.'s Seaward Marine Services, Inc. 401(k) Plan reported $39M in total assets and 134 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)
#7,203 in Construction (9,039 peers)

Coverage in Virginia

Seaward Marine Services, Inc. 401(k) Plan covers 134 participants in Virginia, about 17% of the average Virginia filer (state average ~782 per filing). Assets: $39M.

$39M
total plan assets (2024 EOY): 134
covered participants: 81st
percentile by assets (of 123,622 plans): $294,511
avg assets per participant

Where Seaward Marine Services, Inc. 401(k) Plan sits by total assets

Seaward Marine Services, Inc. 401(k) Plan vs every filed plan by assets

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

$39,464,418 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

Seaward Marine Services, Inc. 401(k) Plan end-of-year assets rose from $34M in the plan year 2023 filing to $39M in the plan year 2024 filing.
Seaward Marine Services, Inc. 401(k) Plan reported net income rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
Seaward Marine Services, Inc. 401(k) Plan reported participants fell from 136 in the plan year 2023 filing to 134 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Virginia

Industry

Construction

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Seaward Marine Services, Inc. 401(k) Plan reports 134 participants - about 17% of that state average ($39M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$34M
Net Assets (End of Year)	$39M
Net Income	$6M
Employer EIN	541186957
Plan Effective Date	1992-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Seaward Marine Services, Inc.)

Total plan assets by year, all Seaward Marine Services, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	124	$28M
2023	1	136	$34M
2024	1	134	$39M

Nearby 401(k) Plans in Virginia

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

Seaward Marine Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Northrop Grumman Savings Plan $39.5B · 104,719
401(k) Pension Plan $16.8B · 62,869
General Dynamics Corporation 401(k) Plan 6.0 $12.4B · 49,414
Capital One Financial Corporation Associate Savings Plan $12.0B · 44,933
Leidos, Inc. Retirement Plan $11.8B · 29,734

Compare Seaward Marine Services, Inc. 401(k) Pla… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Seaward Marine Services, Inc. 401(k) Plan by total assets, not by location.

Farmers State Bank Employees' 401(k) Profit Sharing Plan & Trust (IA) $39M · 150
Progressive Surface, Inc. Retirement Savings Plan (MI) $39M · 213
Minnesota Wild 401(k) Plan (MN) $39M · 1,100
Haag Engineering Co. Employees Profit Sharing/401(k) Plan and Trust (TX) $39M · 163

Frequently Asked Questions

How did Seaward Marine Services, Inc. 401(k) Plan assets move in 2024? ▼

Seaward Marine Services, Inc. 401(k) Plan grew sharply - up 17.4% during 2024, from $34M to $39M. Reported net income was $6M.

How have Seaward Marine Services, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Seaward Marine Services, Inc.'s sponsor-wide assets grew 38.8%, from $28M to $39M.

Where does Seaward Marine Services, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼

Seaward Marine Services, Inc. 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 Seaward Marine Services, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Farmers State Bank Employees' 401(k) Profit Sharing Plan & Trust in IA ($39M, 150 participants).

Next read for Seaward Marine Services, Inc. 401(k) Pla…

Filing takeaways

Ways to act on Seaward Marine Services, Inc. 401(k) Plan's numbers.

By total assets, Seaward Marine Services, Inc. 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 Virginia. Compare plans
Seaward Marine Services, Inc.'s sponsor-wide assets have grown 38.8% since 2022 across 3 plan years on file. More Construction 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 541186957.