401(k) · DOL Form 5500 · 2024

Austal USA. LLC 401(k) Plan

Data updated 2026-08-25

$130M
Total assets Near avg plan size
2,636
Participants Above avg headcount
92nd
Percentile by assets National rank
$49,154
Avg per participant Low balance/head
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Official DOL plan name: Austal USA. LLC 401(k) Plan · Sponsored by Austal USA. LLC · Alabama · Manufacturing

$130M in assets, 2,636 participants

Austal USA. LLC's Austal USA. LLC 401(k) Plan reported $130M in total assets and 2,636 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #15,689 in Manufacturing (17,777 peers)

Coverage in Alabama

Austal USA. LLC 401(k) Plan covers 2,636 participants in Alabama, 7.3x the typical Alabama plan (state average ~360 per filing). Assets: $130M.

#15,689
in Manufacturing (17,777 peers)
+12.5%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Austal USA. LLC 401(k) Plan's outsized position by total assets

Austal USA. LLC 401(k) Plan vs every filed plan by assets

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

$129,568,861 Top 8% higher than 92% 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

Austal USA. LLC 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Austal USA. LLC 401(k) Plan lands in the large band (2,636 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Austal USA. LLC 401(k) Plan reported net income fell from $19M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Austal USA. LLC 401(k) Plan end-of-year assets rose from $115M in the plan year 2023 filing to $130M in the plan year 2024 filing.
  • Austal USA. LLC 401(k) Plan reported participants rose from 2,524 in the plan year 2023 filing to 2,636 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 631238756 · Austal USA. LLC PY 2024 · 401(k)

Austal USA. LLC 401(k) Plan · $130M · 2,636 · 92nd

  • EIN $130M
  • EIN 2,636
  • EIN 92nd
  • EIN 401(k)
  • EIN near Chief Industries, Inc. Thrift Plan
  • EIN ind #15689

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 Alabama →

Austal USA. LLC 401(k) Plan in the asset neighbourhood

Austal USA. LLC 401(k) Plan$130MChief Industries, Inc. Thrift PlanChief Industries, Inc. Thrif…$130MSpok Holdings, Inc. Savings and Retirement PlanSpok Holdings, Inc. Savings …$130MAcument Global Technologies, Inc. Savings PlanAcument Global Technologies,…$130MSheet Metal Workers Local Union No. 80 Annuity FundSheet Metal Workers Local Un…$130M
End-of-year total assets ($M) among Austal USA. LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Alabama filing particulars

Total Assets (Beginning of Year)$115M
Net Assets (End of Year)$130M
Net Income$14M
Employer EIN631238756
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Austal USA. LLC)

Sponsor-wide plan assets over time

All Austal USA. LLC plans reported in each filing year

Latest sponsor-wide plan assets
$130M 34.28505555042366% vs 2022
2024 filing year
$90M$100M$110M$120M$130M$140M 202220232024 $96.5M $130M ▲ +34.3%
Year Plans Participants Total Assets
2022 1 2,674 $96M
2023 1 2,524 $115M
2024 1 2,636 $130M

Nearby 401(k) Plans in Alabama

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

Austal USA. LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 -101234 Total assets ($B) Participants Austal USA. LLC 401(k) Plan, Total assets ($B): 0.129568861 · Participants: 2636Austal USA. LLC 401(k) PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Austal USA. LLC 401(k) Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Austal USA. LLC 401(k) Plan side-by-side with 3 peers →

Austal USA. LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Alabama, the nearest 401(k) by assets is Chief Industries, Inc. Thrift Plan in NE ($130M); by covered participants it is Ef Education 401(k) Retirement Savings Plan in MA (2,635 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($130M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,636 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 Austal USA. LLC 401(k) Plan assets move in 2024? ▼
Austal USA. LLC 401(k) Plan grew at a solid clip - up 12.5% during 2024, from $115M to $130M. Reported net income was $14M.
How have Austal USA. LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Austal USA. LLC's sponsor-wide assets grew 34.3%, from $96M to $130M.
Where does Austal USA. LLC 401(k) Plan rank by assets among Form 5500 filers? ▼
Austal USA. LLC 401(k) Plan ranks in the 92nd 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 Austal USA. LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Chief Industries, Inc. Thrift Plan in NE ($130M, 1,290 participants).
Which 401(k) plans cover a similar participant headcount to Austal USA. LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ef Education 401(k) Retirement Savings Plan in MA (2,635 participants, $230M in assets).

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 631238756.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.