401(k) · DOL Form 5500 · 2024

Kongsberg Maritime, Inc. 401(k) Plan

Data updated 2026-08-25

$95M
Total assets Below avg plan size
510
Participants Below avg headcount
90th
Percentile by assets National rank
$187,128
Avg per participant Above avg balance/head
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Official DOL plan name: Kongsberg 401(k) Plan · Sponsored by Kongsberg Maritime, Inc. · Washington · Wholesale Trade

$95M in assets, 510 participants

Kongsberg Maritime, Inc.'s Kongsberg 401(k) Plan reported $95M in total assets and 510 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

  • #5,585 in Wholesale Trade (6,080 peers)

Coverage in Washington

Kongsberg 401(k) Plan covers 510 participants in Washington, about 35% of the average Washington filer (state average ~1,476 per filing). Assets: $95M.

#5,585
in Wholesale Trade (6,080 peers)
+12.5%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Kongsberg 401(k) Plan's outsized position by total assets

Kongsberg 401(k) Plan vs every filed plan by assets

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

$95,435,389 Top 10% higher than 90% 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

Kongsberg 401(k) 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. Kongsberg 401(k) Plan sits mid-pack in the medium band (510 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kongsberg 401(k) Plan reported net income fell from $14M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Kongsberg 401(k) Plan end-of-year assets rose from $85M in the plan year 2023 filing to $95M in the plan year 2024 filing.
  • Kongsberg 401(k) Plan reported participants rose from 467 in the plan year 2023 filing to 510 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 911476574 · Kongsberg Maritime, Inc. PY 2024 · 401(k)

Kongsberg 401(k) Plan · $95M · 510 · 90th

  • PCT $95M
  • PCT 510
  • PCT 90th
  • PCT 401(k)
  • PCT near Sunnen Employees' Retirement Plan
  • PCT ind #5585

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 Wholesale Trade retirement plans → · Plans in Washington →

Kongsberg 401(k) Plan in the asset neighbourhood

Kongsberg 401(k) Plan$95MSunnen Employees' Retirement PlanSunnen Employees' Retirement…$95MBracebridge Capital, LLC 401(k) Profit Sharing PlanBracebridge Capital, LLC 401…$95MVoyant Beauty, LLC 401(k) PlanVoyant Beauty, LLC 401(k) Pl…$95MCohen Milstein Sellers & Toll Profit Sharing and Retirement Savings PlanCohen Milstein Sellers & Tol…$95M
End-of-year total assets ($M) among Kongsberg 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$85M
Net Assets (End of Year)$95M
Net Income$11M
Employer EIN911476574
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Kongsberg Maritime, Inc.)

Sponsor-wide plan assets over time

All Kongsberg Maritime, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$95M 34.49708954896271% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $71M $95.4M ▲ +34.5%
Year Plans Participants Total Assets
2022 1 443 $71M
2023 1 467 $85M
2024 1 510 $95M

Nearby 401(k) Plans in Washington

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

Kongsberg 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Kongsberg 401(k) Plan, Total assets ($B): 0.095435389 · Participants: 510Kongsberg 401(k) PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 73.910477714 · Participants: 139394The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 65.646011638 · Participants: 118818Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 41.017392708 · Participants: 202468Costco 401(k) Retirement PlanAmazon 401(k) Plan, Total assets ($B): 34.593744657 · Participants: 1209303Amazon 401(k) Plan401(k) Savings Plan, Total assets ($B): 10.074085187 · Participants: 86668401(k) Savings Plan
Kongsberg 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Kongsberg 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Sunnen Employees' Retirement Plan in MO ($95M); by covered participants it is Partssource 401(k) Plan in OH (510 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (510 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 Kongsberg 401(k) Plan assets move in 2024?
Kongsberg 401(k) Plan grew at a solid clip - up 12.5% during 2024, from $85M to $95M. Reported net income was $11M.
How have Kongsberg Maritime, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Kongsberg Maritime, Inc.'s sponsor-wide assets grew 34.5%, from $71M to $95M.
Where does Kongsberg 401(k) Plan rank by assets among Form 5500 filers?
Kongsberg 401(k) Plan ranks in the 90th 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 Kongsberg 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Sunnen Employees' Retirement Plan in MO ($95M, 386 participants).
Which 401(k) plans cover a similar participant headcount to Kongsberg 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Partssource 401(k) Plan in OH (510 participants, $39M in assets).