401(k) · DOL Form 5500 · 2024

Thales USA, Inc. 401(k) Plan

Data updated 2026-08-06

$1.6B
Total assets
4,059
Participants
99th
Percentile by assets
$393,366
Avg per participant
PlainRetire home → About this data

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.

  • 99th percentile by assets (of 116,472 plans)
  • #5,721 in Wholesale Trade (5,756 peers)

Coverage in Virginia

Thales Incentive 401(k) Savings Plan covers 4,059 participants in Virginia, 5.2x the typical Virginia plan (state average ~781 per filing). Assets: $1.6B.

$1.6B
total plan assets (2024 EOY)
4,059
covered participants
99th
percentile by assets (of 116,472 plans)
$393,366
avg assets per participant

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 →

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 781 participants across 3,490 plans. Thales Incentive 401(k) Savings Plan reports 4,059 participants - 5.2x that state average ($1.6B EOY assets).

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.)

$1B$1.2B$1.4B$1.6B$1.8B 202220232024 $1.08B $1.61B ▲ +49.1%
Total plan assets by year, all Thales USA, Inc. plans on file
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

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…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Capital One Financia…Leidos, Inc. Retirem…
Thales Incentive 401(k) Savings Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Thales Incentive 401(k) Savings Plan by total assets, not by location.

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 116,472 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).

Next read for Thales Incentive 401(k) Savings Plan

Filing takeaways

Ways to act on Thales Incentive 401(k) Savings Plan's numbers.