401(k) · DOL Form 5500 · 2024

Kongsberg Precision Cutting Systems US, LLC 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
79
Participants Small participant base
44th
Percentile by assets National rank
$69,928
Avg per participant Below avg balance/head
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Official DOL plan name: Kongsberg Precision Cutting Systems · Sponsored by Kongsberg Precision Cutting Systems US, LLC · Ohio · Manufacturing

$6M in assets, 79 participants

Kongsberg Precision Cutting Systems US, LLC's Kongsberg Precision Cutting Systems reported $6M in total assets and 79 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #4,804 in Manufacturing (17,777 peers)

Kongsberg Precision Cutting Systems US, LLC multi-year trail

Kongsberg Precision Cutting Systems US, LLC's plans moved +38.7% in assets from 2023 to 2024; this filing shows Kongsberg Precision Cutting Systems at $6M / 79 participants.

#4,804
in Manufacturing (17,777 peers)
+38.7%
assets growth YoY

Kongsberg Precision Cutting Systems's mid-pack asset rank among Manufacturing and all filers

Kongsberg Precision Cutting Systems vs every filed plan by assets

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

$5,524,284 44th percentile higher than 44% 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

Kongsberg Precision Cutting Systems among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Kongsberg Precision Cutting Systems is a small filing (79 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kongsberg Precision Cutting Systems reported net income rose from $944K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Kongsberg Precision Cutting Systems end-of-year assets rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Kongsberg Precision Cutting Systems reported participants rose from 78 in the plan year 2023 filing to 79 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 854221605 · Kongsberg Precision Cutting Systems US, LLC PY 2024 · 401(k)

Kongsberg Precision Cutting Systems · $6M · 79 · 44th

  • 5500 $6M
  • 5500 79
  • 5500 44th
  • 5500 401(k)
  • 5500 near Atlantic Engineering Laboratories, Inc. 401(k) Plan
  • 5500 ind #4804

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 Ohio →

Kongsberg Precision Cutting Systems in the asset neighbourhood

Kongsberg Precision Cutting SystemsKongsberg Precision Cutting …$6MAtlantic Engineering Laboratories, Inc. 401(k) PlanAtlantic Engineering Laborat…$6MCb Technologies, Inc. Employees Retirement PlanCb Technologies, Inc. Employ…$6MAts Employees 401(k) Profit Sharing PlanAts Employees 401(k) Profit …$6MAbha Architects Inc 401(k) Profit Sharing Plan & TrustAbha Architects Inc 401(k) P…$6M
End-of-year total assets ($M) among Kongsberg Precision Cutting Systems and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kongsberg Precision Cutting Systems US, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Kongsberg Precision Cutting Systems US, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$6M 38.7131376986052% vs 2023
2024 filing year
$3.5M$4M$4.5M$5M$5.5M$6M 20232024 $3.98M $5.52M ▲ +38.7%
Year Plans Participants Total Assets
2023 1 78 $4M
2024 1 79 $6M

Kongsberg Precision Cutting Systems US, LLC filing trail (2024)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$6M
Net Income$2M
Employer EIN854221605
Plan Effective Date2021-04-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Ohio

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

Kongsberg Precision Cutting Systems vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Kongsberg Precision Cutting Systems, Total assets ($B): 0.005524284 · Participants: 79Kongsberg Precision Cutting SystemsGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Kongsberg Precision Cutting Systems vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Kongsberg Precision Cutting Systems side-by-side with 3 peers →

Kongsberg Precision Cutting Systems's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Atlantic Engineering Laboratories, Inc. 401(k) Plan in NJ ($6M); by covered participants it is Cvca 401(k)Plan in VA (79 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (79 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 Kongsberg Precision Cutting Systems assets move in 2024? ▼
Kongsberg Precision Cutting Systems surged - up 38.7% during 2024, from $4M to $6M. Reported net income was $2M.
How have Kongsberg Precision Cutting Systems US, LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Kongsberg Precision Cutting Systems US, LLC's sponsor-wide assets grew 38.7%, from $4M to $6M.
Which 401(k) plans are similar in size to Kongsberg Precision Cutting Systems? ▼
Among 401(k) plans in other states, the closest by assets is Atlantic Engineering Laboratories, Inc. 401(k) Plan in NJ ($6M, 115 participants).
Which 401(k) plans cover a similar participant headcount to Kongsberg Precision Cutting Systems? ▼
Among 401(k) plans in other states, the closest by covered participants is Cvca 401(k)Plan in VA (79 participants, $17M 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 854221605.

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.