401(k) · DOL Form 5500 · 2022

Network Innovations, Inc. Dba Nitel USA 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
182
Participants Below avg headcount
64th
Percentile by assets National rank
$51,809
Avg per participant Low balance/head
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Official DOL plan name: Nitel 401(k) Plan · Sponsored by Network Innovations, Inc. Dba Nitel USA · Illinois · Information & Media

$9M in assets, 182 participants

Network Innovations, Inc. Dba Nitel USA's Nitel 401(k) Plan reported $9M in total assets and 182 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • #1,494 in Information & Media (2,911 peers)

Coverage in Illinois

Nitel 401(k) Plan covers 182 participants in Illinois, about 23% of the average Illinois filer (state average ~779 per filing). Assets: $9M.

#1,494
in Information & Media (2,911 peers)
-5.9%
assets change YoY

The plan reported a net loss of $614K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Nitel 401(k) Plan's mid-pack asset rank among Information & Media and all filers

Nitel 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$9,429,192 Top 36% higher than 64% of 139,123 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 2022

Nitel 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nitel 401(k) Plan sits mid-pack in the medium band (182 participants).

Plan-year Form 5500 strip

Filing strip 364481206 · Network Innovations, Inc. Dba Nitel USA PY 2022 · 401(k)

Nitel 401(k) Plan · $9M · 182 · 64th

  • PART $9M
  • PART 182
  • PART 64th
  • PART 401(k)
  • PART near Aleris 401(k) Plan for Umw Local 4994, Uhrichsville
  • PART ind #1494

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 Information & Media retirement plans → · Plans in Illinois →

Nitel 401(k) Plan in the asset neighbourhood

Nitel 401(k) Plan$9MAleris 401(k) Plan for Umw Local 4994, UhrichsvilleAleris 401(k) Plan for Umw L…$9MAthens Group Retirement Plan$9MFragrance Net 401(k) Plan$9MUnited Texas Credit Union 401(k) PlanUnited Texas Credit Union 40…$9M
End-of-year total assets ($M) among Nitel 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$9M
Net Income-$614K
Employer EIN364481206
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Network Innovations, Inc. Dba Nitel USA)

Sponsor-wide plan assets over time

All Network Innovations, Inc. Dba Nitel USA plans reported in each filing year

Latest sponsor-wide plan assets
$18M 86.70440690994519% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $9.43M $17.6M ▲ +86.6%
Year Plans Participants Total Assets
2022 1 182 $9M
2023 1 181 $14M
2024 1 201 $18M

Nearby 401(k) Plans in Illinois

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

Nitel 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Nitel 401(k) Plan, Total assets ($B): 0.009429192 · Participants: 182Nitel 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Nitel 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

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

Outside Illinois, the nearest 401(k) by assets is Aleris 401(k) Plan for Umw Local 4994, Uhrichsville in GA ($9M); by covered participants it is Hillman Bus 401(k) in NJ (182 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (182 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nitel 401(k) Plan assets move in 2022? ▼
Nitel 401(k) Plan pulled back noticeably - down 5.9% during 2022, from $10M to $9M. Reported net income was -$614K.
How have Network Innovations, Inc. Dba Nitel USA plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Network Innovations, Inc. Dba Nitel USA's sponsor-wide assets grew 86.7%, from $9M to $18M.
Which 401(k) plans are similar in size to Nitel 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aleris 401(k) Plan for Umw Local 4994, Uhrichsville in GA ($9M, 91 participants).
Which 401(k) plans cover a similar participant headcount to Nitel 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hillman Bus 401(k) in NJ (182 participants, $709K in assets).