401(k) · DOL Form 5500 · 2022

Globalstar, Inc. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
241
Participants Below avg headcount
86th
Percentile by assets National rank
$163,950
Avg per participant Above avg balance/head
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Official DOL plan name: The Savings Plan of Globalstar, Inc. · Sponsored by Globalstar, Inc. · Louisiana · Information & Media

$40M in assets, 241 participants

Globalstar, Inc.'s The Savings Plan of Globalstar, Inc. reported $40M in total assets and 241 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #2,325 in Information & Media (2,911 peers)

Coverage in Louisiana

The Savings Plan of Globalstar, Inc. covers 241 participants in Louisiana, about 49% of the average Louisiana filer (state average ~495 per filing). Assets: $40M.

#2,325
in Information & Media (2,911 peers)
-13.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Savings Plan of Globalstar, Inc.'s outsized position by total assets

The Savings Plan of Globalstar, Inc. vs every filed plan by assets

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

$39,512,039 Top 14% higher than 86% 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

The Savings Plan of Globalstar, Inc. 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. The Savings Plan of Globalstar, Inc. sits mid-pack in the medium band (241 participants).

Form 5500 schedule snapshot

Filing strip 412116508 · Globalstar, Inc. PY 2022 · 401(k)

The Savings Plan of Globalstar, Inc. · $40M · 241 · 86th

  • PART $40M
  • PART 241
  • PART 86th
  • PART 401(k)
  • PART near Kurt J. Lesker Co. 401(k) Retirement Plan
  • PART ind #2325

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 Louisiana →

The Savings Plan of Globalstar, Inc. in the asset neighbourhood

The Savings Plan of Globalstar, Inc.The Savings Plan of Globalst…$40MKurt J. Lesker Co. 401(k) Retirement PlanKurt J. Lesker Co. 401(k) Re…$40MSavings Plan 2 for Administrative Staff of Cravath, Swaine & Moore LLPSavings Plan 2 for Administr…$40MNetcracker Technology Corporation 401(k) Profit SharingNetcracker Technology Corpor…$40MBamberger Polymers 401(k) and Profit Sharing PlanBamberger Polymers 401(k) an…$40M
End-of-year total assets ($M) among The Savings Plan of Globalstar, Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Louisiana filing particulars

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$40M
Net Income-$6M
Employer EIN412116508
Plan Effective Date2001-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Globalstar, Inc.)

Sponsor-wide plan assets over time

All Globalstar, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$53M 34.96972403777998% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.5M $53.3M ▲ +35.0%
Year Plans Participants Total Assets
2022 2 270 $40M
2023 1 245 $47M
2024 1 262 $53M

Nearby 401(k) Plans in Louisiana

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

The Savings Plan of Globalstar, Inc. vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -101234 Total assets ($B) Participants The Savings Plan of Globalstar, Inc., Total assets ($B): 0.039512039 · Participants: 241The Savings Plan of Globalstar, Inc.Savings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 3.384808796 · Participants: 11580Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 1.885488107 · Participants: 23072Ochsner Clinic Foundation 401(k) PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.717744201 · Participants: 20184Amedisys Holding, LLC 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 0.716316398 · Participants: 12675Louisiana Children's Medical Center Retirement and Savings PlanLouisiana Health Service & Indemnity Co. Tax-Favored Savings Program, Total assets ($B): 0.490654262 · Participants: 3660Louisiana Health Service & Indemnity Co. Tax-Favored Savings Program
The Savings Plan of Globalstar, Inc. vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare The Savings Plan of Globalstar, Inc. side-by-side with 3 peers →

The Savings Plan of Globalstar, Inc.'s out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Kurt J. Lesker Co. 401(k) Retirement Plan in PA ($40M); by covered participants it is Coastal Management Solutions 401(k) Profit Sharing Plan & Tru in VA (241 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (241 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 The Savings Plan of Globalstar, Inc. assets move in 2022? ▼
The Savings Plan of Globalstar, Inc. pulled back noticeably - down 13.4% during 2022, from $46M to $40M. Reported net income was -$6M.
How have Globalstar, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Globalstar, Inc.'s sponsor-wide assets grew 35.0%, from $40M to $53M.
Where does The Savings Plan of Globalstar, Inc. rank by assets among Form 5500 filers? ▼
The Savings Plan of Globalstar, Inc. ranks in the 86th 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 The Savings Plan of Globalstar, Inc.? ▼
Among 401(k) plans in other states, the closest by assets is Kurt J. Lesker Co. 401(k) Retirement Plan in PA ($40M, 307 participants).
Which 401(k) plans cover a similar participant headcount to The Savings Plan of Globalstar, Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Coastal Management Solutions 401(k) Profit Sharing Plan & Tru in VA (241 participants, $2M 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 412116508.

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.