401(k) · DOL Form 5500 · 2022

Telit Iot Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
157
Participants Small participant base
75th
Percentile by assets National rank
$107,313
Avg per participant Below avg balance/head
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Official DOL plan name: Telit North America 401(k) Plan · Sponsored by Telit Iot Solutions, Inc. · North Carolina · Information & Media

$17M in assets, 157 participants

Telit Iot Solutions, Inc.'s Telit North America 401(k) Plan reported $17M in total assets and 157 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #1,870 in Information & Media (2,911 peers)

Coverage in North Carolina

Telit North America 401(k) Plan covers 157 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $17M.

#1,870
in Information & Media (2,911 peers)
-16.2%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Telit North America 401(k) Plan's outsized position by total assets

Telit North America 401(k) Plan vs every filed plan by assets

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

$16,848,096 Top 25% higher than 75% 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

Telit North America 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. Telit North America 401(k) Plan sits mid-pack in the medium band (157 participants).

Form 5500 schedule snapshot

Filing strip 372000778 · Telit Iot Solutions, Inc. PY 2022 · 401(k)

Telit North America 401(k) Plan · $17M · 157 · 75th

  • VS-ST $17M
  • VS-ST 157
  • VS-ST 75th
  • VS-ST 401(k)
  • VS-ST near Orthopedic & Sports Institute of the Fox Valley Sc 401(k) Profit Sharing Plan
  • VS-ST ind #1870

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 North Carolina →

Telit North America 401(k) Plan in the asset neighbourhood

Telit North America 401(k) PlanTelit North America 401(k) P…$17MOrthopedic & Sports Institute of the Fox Valley Sc 401(k) Profit Sharing PlanOrthopedic & Sports Institut…$17MGarrett Transportation I, Inc. 401(k) PlanGarrett Transportation I, In…$17MSletten, Inc. 401 (K) Profit Sharing Plan & TrustSletten, Inc. 401 (K) Profit…$17MClise Agency, Inc. 401(k) Profit Sharing PlanClise Agency, Inc. 401(k) Pr…$17M
End-of-year total assets ($M) among Telit North America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN372000778
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Telit Iot Solutions, Inc.)

Sponsor-wide plan assets over time

All Telit Iot Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 48.827535170739765% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.9M $25.1M ▲ +48.8%
Year Plans Participants Total Assets
2022 1 157 $17M
2023 1 159 $21M
2024 1 160 $25M

Nearby 401(k) Plans in North Carolina

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

Telit North America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Telit North America 401(k) Plan, Total assets ($B): 0.016848096 · Participants: 157Telit North America 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Telit North America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

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

Outside North Carolina, the nearest 401(k) by assets is Orthopedic & Sports Institute of the Fox Valley Sc 401(k) Profit Sharing Plan in WI ($17M); by covered participants it is We Transport Inc. Salaried 401(k) Plan in NY (157 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (157 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 Telit North America 401(k) Plan assets move in 2022?
Telit North America 401(k) Plan declined sharply - down 16.2% during 2022, from $20M to $17M. Reported net income was -$3M.
How have Telit Iot Solutions, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Telit Iot Solutions, Inc.'s sponsor-wide assets grew 48.8%, from $17M to $25M.
Where does Telit North America 401(k) Plan rank by assets among Form 5500 filers?
Telit North America 401(k) Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Telit North America 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Orthopedic & Sports Institute of the Fox Valley Sc 401(k) Profit Sharing Plan in WI ($17M, 111 participants).
Which 401(k) plans cover a similar participant headcount to Telit North America 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is We Transport Inc. Salaried 401(k) Plan in NY (157 participants, N/A in assets).