Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Naval Systems, Inc 401(K) Plan is a benefit plan reported by Naval Systems, Inc under EIN 52-2438690 and plan number 001. The latest loaded filing year is 2023. The filing reports 435 participants and $18,502,470 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,502,470
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,502,470
- Net assets (BOY)
- $13,571,820
Income & contributions
- Employer contributions
- $950,538
- Participant contributions
- $2,596,447
- Total contributions
- $3,843,409
- Total income / additions
- $6,407,688
Expenses & distributions
- Benefits paid
- $1,372,524
- Administrative expenses
- $104,514
- Total expenses
- $1,477,038
- Net increase / (decrease)
- $4,930,650