401(k) · DOL Form 5500 · 2022

Ocean Power Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
56
Participants Small participant base
44th
Percentile by assets National rank
$63,855
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ocean Power Technologies, Inc. 401(k) Plan · Sponsored by Ocean Power Technologies, Inc. · New Jersey · Manufacturing

$4M in assets, 56 participants

Ocean Power Technologies, Inc.'s Ocean Power Technologies, Inc. 401(k) Plan reported $4M in total assets and 56 participants in its 2022 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.

  • #5,566 in Manufacturing (20,602 peers)

Ocean Power Technologies, Inc. multi-year trail

Ocean Power Technologies, Inc.'s plans moved +68.0% in assets from 2022 to 2024; this filing shows Ocean Power Technologies, Inc. 401(k) Plan at $4M / 56 participants.

#5,566
in Manufacturing (20,602 peers)
-2.2%
assets change YoY

The plan reported a net loss of $81K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Ocean Power Technologies, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Ocean Power Technologies, Inc. 401(k) Plan vs every filed plan by assets

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

$3,575,871 44th percentile higher than 44% 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

Ocean Power Technologies, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ocean Power Technologies, Inc. 401(k) Plan is a small filing (56 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 222535818 · Ocean Power Technologies, Inc. PY 2022 · 401(k)

Ocean Power Technologies, Inc. 401(k) Plan · $4M · 56 · 44th

  • TYPE $4M
  • NET 56
  • BOOK 44th
  • VS-ST 401(k)
  • BOY near Digital Ally, Inc. 401(k) Profit Sharing Plan and Trust
  • SCH ind #5566

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 New Jersey →

Ocean Power Technologies, Inc. 401(k) Plan in the asset neighbourhood

Ocean Power Technologies, Inc. 401(k) PlanOcean Power Technologies, In…$4MDigital Ally, Inc. 401(k) Profit Sharing Plan and TrustDigital Ally, Inc. 401(k) Pr…$4MLesko Associates 401(k) & Profit Sharing Plan and TrustLesko Associates 401(k) & Pr…$4MCignet, LLC 401(k) Plan$4MLatite Roofing & Sheet Metal, LLC 401(k) PlanLatite Roofing & Sheet Metal…$4M
End-of-year total assets ($M) among Ocean Power Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ocean Power Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Ocean Power Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 67.96344163422002% vs 2022
2024 filing year
$3M$4M$5M$6M$7M 202220232024 $3.58M $6.01M ▲ +67.9%
Year Plans Participants Total Assets
2022 1 56 $4M
2023 1 59 $5M
2024 1 67 $6M

Ocean Power Technologies, Inc. filing trail (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$81K
Employer EIN222535818
Plan Effective Date2006-03-31
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Ocean Power Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Ocean Power Technologies, Inc. 401(k) Plan, Total assets ($B): 0.003575871 · Participants: 56Ocean Power Technologies, Inc. 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Ocean Power Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Ocean Power Technologies, Inc. 401(k) Plan side-by-side with 3 peers →

Ocean Power Technologies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Digital Ally, Inc. 401(k) Profit Sharing Plan and Trust in KS ($4M); by covered participants it is Evoke at Entrada 401(k) Plan in UT (56 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (56 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 Ocean Power Technologies, Inc. 401(k) Plan assets move in 2022? ▼
Ocean Power Technologies, Inc. 401(k) Plan edged down modestly - down 2.2% during 2022, from $4M to $4M. Reported net income was -$81K.
How have Ocean Power Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ocean Power Technologies, Inc.'s sponsor-wide assets grew 68.0%, from $4M to $6M.
Which 401(k) plans are similar in size to Ocean Power Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Digital Ally, Inc. 401(k) Profit Sharing Plan and Trust in KS ($4M, 98 participants).
Which 401(k) plans cover a similar participant headcount to Ocean Power Technologies, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Evoke at Entrada 401(k) Plan in UT (56 participants, $3M in assets).

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 222535818.

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.