401(k)
2022 plan-year 401(k) DOL Form 5500

PARALLEL WIRELESS, INC. 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

PARALLEL WIRELESS, INC.

This 401(k) plan holds $6M in total assets and serves 160 participants as of 2022. It is sponsored by PARALLEL WIRELESS, INC. in New Hampshire. The plan reported a net loss of $2M for the year.

Total Assets (2023)
$6M
Participants
160
Industry
Manufacturing

What the Filing Says About PARALLEL WIRELESS, INC. 401(K) PLAN

PARALLEL WIRELESS, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by PARALLEL WIRELESS, INC., headquartered in New Hampshire. As of the 2022 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 160 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 455356652, and the plan has been effective since 2013-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $8M at the beginning of 2022 to $6M at year-end — a decline of 28.1%. Net assets (after liabilities) closed the year at $6M, with reported net income of $-2,360,946 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$8M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$-2,360,946
Plan Type401(k)
Employer EIN455356652
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (PARALLEL WIRELESS, INC.)

Year Plans Participants Total Assets
2022 1 160 $6M
2023 1 54 $7M
2024 1 64 $8M

Nearby 401(k) Plans in New Hampshire

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

Frequently Asked Questions

How much money is in the PARALLEL WIRELESS, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, PARALLEL WIRELESS, INC. 401(K) PLAN holds $6M in total assets with 160 participants. It is sponsored by PARALLEL WIRELESS, INC..
What type of plan is PARALLEL WIRELESS, INC. 401(K) PLAN?
PARALLEL WIRELESS, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 2013-01-01. The plan is filed with the U.S. Department of Labor under EIN 455356652.
Who sponsors the PARALLEL WIRELESS, INC. 401(K) PLAN?
PARALLEL WIRELESS, INC. 401(K) PLAN is sponsored by PARALLEL WIRELESS, INC., located in New Hampshire. The sponsor's EIN is 455356652 and the plan operates in the Manufacturing industry.
How did PARALLEL WIRELESS, INC. 401(K) PLAN perform in 2022?
PARALLEL WIRELESS, INC. 401(K) PLAN declined by 28.1% during 2022, moving from $8M to $6M in total assets. Net income was $-2,360,946.
Where can I find official filings for PARALLEL WIRELESS, INC. 401(K) PLAN?
Official Form 5500 filings for PARALLEL WIRELESS, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 455356652 or plan name at efast.dol.gov.
How does PARALLEL WIRELESS, INC. 401(K) PLAN compare to other plans?
You can compare PARALLEL WIRELESS, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in New Hampshire on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 455356652.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.