401(k) · DOL Form 5500 · 2024

Naval Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
335
Participants Below avg headcount
73rd
Percentile by assets National rank
$68,294
Avg per participant Below avg balance/head
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Official DOL plan name: Naval Systems, Inc 401(k) Plan · Sponsored by Naval Systems, Inc. · Maryland · Professional & Technical Services

$23M in assets, 335 participants

Naval Systems, Inc.'s Naval Systems, Inc 401(k) Plan reported $23M in total assets and 335 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #14,585 in Professional & Technical Services (20,173 peers)

Coverage in Maryland

Naval Systems, Inc 401(k) Plan covers 335 participants in Maryland, about 36% of the average Maryland filer (state average ~929 per filing). Assets: $23M.

#14,585
in Professional & Technical Services (20,173 peers)
+23.7%
assets growth YoY

Naval Systems, Inc 401(k) Plan's outsized position by total assets

Naval Systems, Inc 401(k) Plan vs every filed plan by assets

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

$22,878,509 Top 27% higher than 73% 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

Naval Systems, Inc 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. Naval Systems, Inc 401(k) Plan sits mid-pack in the medium band (335 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Naval Systems, Inc 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • Naval Systems, Inc 401(k) Plan reported net income fell from $5M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 522438690 · Naval Systems, Inc. PY 2024 · 401(k)

Naval Systems, Inc 401(k) Plan · $23M · 335 · 73rd

  • ASSETS $23M
  • ASSETS 335
  • ASSETS 73rd
  • ASSETS 401(k)
  • ASSETS near Intelident Solutions, Inc. 401(k) Plan
  • ASSETS ind #14585

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 Professional & Technical Services retirement plans → · Plans in Maryland →

Naval Systems, Inc 401(k) Plan in the asset neighbourhood

Naval Systems, Inc 401(k) PlanNaval Systems, Inc 401(k) Pl…$23MIntelident Solutions, Inc. 401(k) PlanIntelident Solutions, Inc. 4…$23MAareal Capital Corporation 401(k) Savings PlanAareal Capital Corporation 4…$23MTown Center Orthopaedic Associates 401(k) Profit Sharing PlanTown Center Orthopaedic Asso…$23MR.C.P. Block & Brick, Inc. 401(k) Retirement Savings PlanR.C.P. Block & Brick, Inc. 4…$23M
End-of-year total assets ($M) among Naval Systems, Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN522438690
Plan Effective Date2007-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Naval Systems, Inc.)

Sponsor-wide plan assets over time

All Naval Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 68.57362535017411% vs 2022
2024 filing year
$10M$15M$20M$25M 202220232024 $13.6M $22.9M ▲ +68.6%
Year Plans Participants Total Assets
2022 1 308 $14M
2023 1 336 $19M
2024 1 335 $23M

Nearby 401(k) Plans in Maryland

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

Naval Systems, Inc 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Naval Systems, Inc 401(k) Plan, Total assets ($B): 0.022878509 · Participants: 335Naval Systems, Inc 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Naval Systems, Inc 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Naval Systems, Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Intelident Solutions, Inc. 401(k) Plan in FL ($23M); by covered participants it is Enstar (US) Inc. 401(k) Plan in FL (335 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (335 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 Naval Systems, Inc 401(k) Plan assets move in 2024?
Naval Systems, Inc 401(k) Plan grew sharply - up 23.7% during 2024, from $19M to $23M. Reported net income was $4M.
How have Naval Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Naval Systems, Inc.'s sponsor-wide assets grew 68.6%, from $14M to $23M.
Which 401(k) plans are similar in size to Naval Systems, Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Intelident Solutions, Inc. 401(k) Plan in FL ($23M, 866 participants).
Which 401(k) plans cover a similar participant headcount to Naval Systems, Inc 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Enstar (US) Inc. 401(k) Plan in FL (335 participants, $134M in assets).