401(k) · DOL Form 5500 · 2024

Thales USA, Inc. 401(k) Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
4,059
Participants Above avg headcount
99th
Percentile by assets National rank
$393,366
Avg per participant High balance/head
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Official DOL plan name: Thales Incentive 401(k) Savings Plan · Sponsored by Thales USA, Inc. · Virginia · Wholesale Trade

$1.6B in assets, 4,059 participants

Thales USA, Inc.'s Thales Incentive 401(k) Savings Plan reported $1.6B in total assets and 4,059 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • #6,043 in Wholesale Trade (6,080 peers)

Coverage in Virginia

Thales Incentive 401(k) Savings Plan covers 4,059 participants in Virginia, 5.2x the typical Virginia plan (state average ~782 per filing). Assets: $1.6B.

#6,043
in Wholesale Trade (6,080 peers)
+23.5%
assets growth YoY
16×
vs typical plan assets (national mean)

Thales Incentive 401(k) Savings Plan's outsized position by total assets

Thales Incentive 401(k) Savings Plan vs every filed plan by assets

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

$1,596,672,821 Top 1% higher than 99% 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

Thales Incentive 401(k) Savings 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. Thales Incentive 401(k) Savings Plan lands in the large band (4,059 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Thales Incentive 401(k) Savings Plan end-of-year assets rose from $1.3B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
  • Thales Incentive 401(k) Savings Plan reported participants rose from 3,700 in the plan year 2023 filing to 4,059 in the plan year 2024 filing.
  • Thales Incentive 401(k) Savings Plan reported net income fell from $236M in the plan year 2023 filing to $235M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 060938363 · Thales USA, Inc. PY 2024 · 401(k)

Thales Incentive 401(k) Savings Plan · $1.6B · 4,059 · 99th

  • RANK $1.6B
  • RANK 4,059
  • RANK 99th
  • RANK 401(k)
  • RANK near Aptiv Salaried 401(k) Plan
  • RANK ind #6043

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 Virginia →

Thales Incentive 401(k) Savings Plan in the asset neighbourhood

Thales Incentive 401(k) Savings PlanThales Incentive 401(k) Savi…$1.6BAptiv Salaried 401(k) Plan$1.6BBeth Israel Lahey Health 401(k) Retirement Savings PlanBeth Israel Lahey Health 401…$1.6BBorgwarner Inc. Retirement Savings PlanBorgwarner Inc. Retirement S…$1.6BClayton Homes, Inc. 401(k) Retirement PlanClayton Homes, Inc. 401(k) R…$1.6B
End-of-year total assets ($B) among Thales Incentive 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.6B
Net Income$235M
Employer EIN060938363
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Thales USA, Inc.)

Sponsor-wide plan assets over time

All Thales USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 49.99800400500652% vs 2022
2024 filing year
$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.08B $1.61B ▲ +49.1%
Year Plans Participants Total Assets
2022 3 3,807 $1.1B
2023 3 3,719 $1.3B
2024 3 4,077 $1.6B

Nearby 401(k) Plans in Virginia

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

Thales Incentive 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Thales Incentive 401(k) Savings Plan, Total assets ($B): 1.596672821 · Participants: 4059Thales Incentive 401(k) Savings 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
Thales Incentive 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Thales Incentive 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Aptiv Salaried 401(k) Plan in MI ($1.6B); by covered participants it is Soho House LLC 401(k) Plan in IL (4,058 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,059 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 Thales Incentive 401(k) Savings Plan assets move in 2024? ▼
Thales Incentive 401(k) Savings Plan grew sharply - up 23.5% during 2024, from $1.3B to $1.6B. Reported net income was $235M.
How have Thales USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Thales USA, Inc.'s sponsor-wide assets grew 50.0%, from $1.1B to $1.6B.
Where does Thales Incentive 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Thales Incentive 401(k) Savings Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Thales Incentive 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aptiv Salaried 401(k) Plan in MI ($1.6B, 2,207 participants).
Which 401(k) plans cover a similar participant headcount to Thales Incentive 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Soho House LLC 401(k) Plan in IL (4,058 participants, $15M 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 060938363.

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.