401(k) · DOL Form 5500 · 2022

Tessco Technologies Incorporated 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
527
Participants Below avg headcount
88th
Percentile by assets National rank
$99,855
Avg per participant Below avg balance/head
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Official DOL plan name: Tessco Technologies Incorporated 401(k) Retirement Savings Plan · Sponsored by Tessco Technologies Incorporated · Maryland · Information & Media

$53M in assets, 527 participants

Tessco Technologies Incorporated's Tessco Technologies Incorporated 401(k) Retirement Savings Plan reported $53M in total assets and 527 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #2,428 in Information & Media (2,911 peers)

Where Tessco Technologies Incorporated 401(k) Retirement Savings Plan sits by assets

Tessco Technologies Incorporated 401(k) Retirement Savings Plan sits in the top quartile of all filed plans by assets, $53M for 527 participants (~$99,855/participant), down 22.6% in 2022.

#2,428
in Information & Media (2,911 peers)
-22.6%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Tessco Technologies Incorporated 401(k) Retirement Savings Plan's outsized position by total assets

Tessco Technologies Incorporated 401(k) Retirement Savings Plan vs every filed plan by assets

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

$52,623,751 Top 12% higher than 88% 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

Tessco Technologies Incorporated 401(k) Retirement Savings 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. Tessco Technologies Incorporated 401(k) Retirement Savings Plan sits mid-pack in the medium band (527 participants).

Published 5500 schedule card

Filing strip 520729657 · Tessco Technologies Incorporated PY 2022 · 401(k)

Tessco Technologies Incorporated 401(k) Retirement Savings Plan · $53M · 527 · 88th

  • PART $53M
  • TYPE 527
  • NET 88th
  • BOOK 401(k)
  • VS-ST near Taiho Oncology 401(k) Profit Sharing Plan
  • BOY ind #2428

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 Maryland →

Tessco Technologies Incorporated 401(k) Retirement Savings Plan in the asset neighbourhood

Hackensack Radiology Group, P.a. Savings & Investment PlanHackensack Radiology Group, …$53MTessco Technologies Incorporated 401(k) Retirement Savings PlanTessco Technologies Incorpor…$53MTaiho Oncology 401(k) Profit Sharing PlanTaiho Oncology 401(k) Profit…$53MRotech Healthcare Inc. 401(k) Savings PlanRotech Healthcare Inc. 401(k…$53MAesculapian Management Company, LLC 401(k) PlanAesculapian Management Compa…$53M
End-of-year total assets ($M) among Tessco Technologies Incorporated 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$53M
Net Income-$15M
Employer EIN520729657
Plan Effective Date1991-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tessco Technologies Incorporated)

Sponsor-wide plan assets over time

All Tessco Technologies Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$20M$40M$60M$80M 202220232024 $52.6M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 527 $53M
2023 1 533 $59M
2024 1 422 N/A

Nearby 401(k) Plans in Maryland

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

Tessco Technologies Incorporated 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Tessco Technologies Incorporated 401(k) Retirement Savings Plan, Total assets ($B): 0.052623751 · Participants: 527Tessco Technologies Incorporated 401(k) Retirement Savings PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Tessco Technologies Incorporated 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Tessco Technologies Incorporated 401(k) Retirement Savings Plan side-by-side with 3 peers →

Tessco Technologies Incorporated 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Taiho Oncology 401(k) Profit Sharing Plan in NJ ($53M); by covered participants it is Dendreon 401(k) Plan in CA (527 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (527 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 Tessco Technologies Incorporated 401(k) Retirement Savings Plan assets move in 2022? ▼
Tessco Technologies Incorporated 401(k) Retirement Savings Plan declined sharply - down 22.6% during 2022, from $68M to $53M. Reported net income was -$15M.
Where does Tessco Technologies Incorporated 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Tessco Technologies Incorporated 401(k) Retirement Savings Plan ranks in the 88th 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 Tessco Technologies Incorporated 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Taiho Oncology 401(k) Profit Sharing Plan in NJ ($53M, 248 participants).
Which 401(k) plans cover a similar participant headcount to Tessco Technologies Incorporated 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dendreon 401(k) Plan in CA (527 participants, $36M 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 520729657.

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.