401(k) · DOL Form 5500 · 2022

Basware Inc 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
94
Participants Small participant base
68th
Percentile by assets National rank
$126,524
Avg per participant Near avg balance/head
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Official DOL plan name: Basware Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Basware Inc · South Carolina · Retail Trade

$12M in assets, 94 participants

Basware Inc's Basware Inc 401(k) Profit Sharing Plan & Trust reported $12M in total assets and 94 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #7,514 in Retail Trade (9,519 peers)

Basware Inc multi-year trail

Basware Inc's plans moved +33.9% in assets from 2022 to 2024; this filing shows Basware Inc 401(k) Profit Sharing Plan & Trust at $12M / 94 participants.

#7,514
in Retail Trade (9,519 peers)
-16.7%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Basware Inc 401(k) Profit Sharing Plan & Trust's outsized position by total assets

Basware Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$11,893,232 Top 32% higher than 68% 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

Basware Inc 401(k) Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Basware Inc 401(k) Profit Sharing Plan & Trust is a small filing (94 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 980383758 · Basware Inc PY 2022 · 401(k)

Basware Inc 401(k) Profit Sharing Plan & Trust · $12M · 94 · 68th

  • NET $12M
  • BOOK 94
  • VS-ST 68th
  • BOY 401(k)
  • SCH near Custom Aluminum Products, Inc. Employees' 401(k) Profit Sharing Plan
  • EBSA ind #7514

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 Retail Trade retirement plans → · Plans in South Carolina →

Basware Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Basware Inc 401(k) Profit Sharing Plan & TrustBasware Inc 401(k) Profit Sh…$12MCustom Aluminum Products, Inc. Employees' 401(k) Profit Sharing PlanCustom Aluminum Products, In…$12MUS Healthconnect, Inc. 401(k) PlanUS Healthconnect, Inc. 401(k…$12MLcb Senior Living LLC 401(k) Profit Sharing PlanLcb Senior Living LLC 401(k)…$12MAmerican Innovations, Ltd. 401(k) PlanAmerican Innovations, Ltd. 4…$12M
End-of-year total assets ($M) among Basware Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Basware Inc multi-year asset trail

Sponsor-wide plan assets over time

All Basware Inc plans reported in each filing year

Latest sponsor-wide plan assets
$16M 33.93123921235203% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.9M $15.9M ▲ +34.0%
Year Plans Participants Total Assets
2022 1 94 $12M
2023 1 103 $13M
2024 1 86 $16M

Basware Inc filing trail (2022)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN980383758
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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

Basware Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -101234 Total assets ($B) Participants Basware Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.011893232 · Participants: 94Basware Inc 401(k) Profit Sharing Plan & TrustMichelin 401(k) Savings Plan, Total assets ($B): 3.615828322 · Participants: 13708Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.219673264 · Participants: 7829The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.214442524 · Participants: 9714Sonoco Retirement & Savings PlanThe Milliken Retirement Plan, Total assets ($B): 1.154082573 · Participants: 6185The Milliken Retirement PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.085276125 · Participants: 11881Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Basware Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants

Basware Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Custom Aluminum Products, Inc. Employees' 401(k) Profit Sharing Plan in IL ($12M); by covered participants it is Coforge Bpm, Inc. 401(k) Plan in ID (94 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (94 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 Basware Inc 401(k) Profit Sharing Plan & Trust assets move in 2022?
Basware Inc 401(k) Profit Sharing Plan & Trust declined sharply - down 16.7% during 2022, from $14M to $12M. Reported net income was -$2M.
How have Basware Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Basware Inc's sponsor-wide assets grew 33.9%, from $12M to $16M.
Which 401(k) plans are similar in size to Basware Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Custom Aluminum Products, Inc. Employees' 401(k) Profit Sharing Plan in IL ($12M, 353 participants).
Which 401(k) plans cover a similar participant headcount to Basware Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Coforge Bpm, Inc. 401(k) Plan in ID (94 participants, N/A in assets).