401(k) · DOL Form 5500 · 2024

Ocean Network Express (North America) Inc. 401(k) Plan

Data updated 2026-08-25

$157M
Total assets Near avg plan size
863
Participants Near avg headcount
93rd
Percentile by assets National rank
$181,820
Avg per participant Above avg balance/head
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Official DOL plan name: Ocean Network Express (North America) Inc. 401(k) Plan · Sponsored by Ocean Network Express (North America) Inc. · Virginia · Transportation & Warehousing

$157M in assets, 863 participants

Ocean Network Express (North America) Inc.'s Ocean Network Express (North America) Inc. 401(k) Plan reported $157M in total assets and 863 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #3,010 in Transportation & Warehousing (3,299 peers)

Where Ocean Network Express (North America) Inc. 401(k) Plan sits by assets

Ocean Network Express (North America) Inc. 401(k) Plan sits in the top 10% of all filed plans by assets, $157M for 863 participants (~$181,820/participant), up 14.7% in 2024.

#3,010
in Transportation & Warehousing (3,299 peers)
+14.7%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Ocean Network Express (North America) Inc. 401(k) Plan's outsized position by total assets

Ocean Network Express (North America) Inc. 401(k) Plan vs every filed plan by assets

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

$156,910,271 Top 7% higher than 93% 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

Ocean Network Express (North America) 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. Ocean Network Express (North America) Inc. 401(k) Plan sits mid-pack in the medium band (863 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ocean Network Express (North America) Inc. 401(k) Plan reported net income fell from $28M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Ocean Network Express (North America) Inc. 401(k) Plan end-of-year assets rose from $137M in the plan year 2023 filing to $157M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 822563547 · Ocean Network Express (North America) Inc. PY 2024 · 401(k)

Ocean Network Express (North America) Inc. 401(k) Plan · $157M · 863 · 93rd

  • RANK $157M
  • RANK 863
  • RANK 93rd
  • RANK 401(k)
  • RANK near Element Vehicle Management Services Group, LLC 401(k) Plan
  • RANK ind #3010

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 Transportation & Warehousing retirement plans → · Plans in Virginia →

Ocean Network Express (North America) Inc. 401(k) Plan in the asset neighbourhood

Patrick Industries, Inc. 401(k) Employee Savings PlanPatrick Industries, Inc. 401…$157MParts Town Unlimited, LLC 401(k) PlanParts Town Unlimited, LLC 40…$157MElement Vehicle Management Services Group, LLC 401(k) PlanElement Vehicle Management S…$157MOcean Network Express (North America) Inc. 401(k) PlanOcean Network Express (North…$157MDexter 401(k) Retirement Savings PlanDexter 401(k) Retirement Sav…$157M
End-of-year total assets ($M) among Ocean Network Express (North America) Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$137M
Net Assets (End of Year)$157M
Net Income$20M
Employer EIN822563547
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ocean Network Express (North America) Inc.)

Sponsor-wide plan assets over time

All Ocean Network Express (North America) Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$157M 44.0755154932882% vs 2022
2024 filing year
$100M$120M$140M$160M$180M 202220232024 $109M $157M ▲ +44.1%
Year Plans Participants Total Assets
2022 1 813 $109M
2023 1 857 $137M
2024 1 863 $157M

Nearby 401(k) Plans in Virginia

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

Ocean Network Express (North America) Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Ocean Network Express (North America) Inc. 401(k) Plan, Total assets ($B): 0.156910271 · Participants: 863Ocean Network Express (North America) Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Ocean Network Express (North America) Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Ocean Network Express (North America) Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Element Vehicle Management Services Group, LLC 401(k) Plan in MD ($157M); by covered participants it is Spark Therapeutics, Inc. 401(k) Plan in PA (863 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (863 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 Ocean Network Express (North America) Inc. 401(k) Plan assets move in 2024?
Ocean Network Express (North America) Inc. 401(k) Plan grew at a solid clip - up 14.7% during 2024, from $137M to $157M. Reported net income was $20M.
How have Ocean Network Express (North America) Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Ocean Network Express (North America) Inc.'s sponsor-wide assets grew 44.1%, from $109M to $157M.
Where does Ocean Network Express (North America) Inc. 401(k) Plan rank by assets among Form 5500 filers?
Ocean Network Express (North America) Inc. 401(k) Plan ranks in the 93rd 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 Ocean Network Express (North America) Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Element Vehicle Management Services Group, LLC 401(k) Plan in MD ($157M, 1,099 participants).
Which 401(k) plans cover a similar participant headcount to Ocean Network Express (North America) Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Spark Therapeutics, Inc. 401(k) Plan in PA (863 participants, $165M in assets).