401(k) · DOL Form 5500 · 2022

Newwave Telecom & Technologies 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
295
Participants Below avg headcount
77th
Percentile by assets National rank
$64,531
Avg per participant Low balance/head
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Official DOL plan name: Nwt 401(k) Profit Sharing Plan · Sponsored by Newwave Telecom & Technologies · Maryland · Professional & Technical Services

$19M in assets, 295 participants

Newwave Telecom & Technologies's Nwt 401(k) Profit Sharing Plan reported $19M in total assets and 295 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #16,546 in Professional & Technical Services (21,562 peers)

Coverage in Maryland

Nwt 401(k) Profit Sharing Plan covers 295 participants in Maryland, about 32% of the average Maryland filer (state average ~929 per filing). Assets: $19M.

#16,546
in Professional & Technical Services (21,562 peers)
-11.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

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.

Nwt 401(k) Profit Sharing Plan's outsized position by total assets

Nwt 401(k) Profit Sharing Plan vs every filed plan by assets

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

$19,036,677 Top 23% higher than 77% 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

Nwt 401(k) Profit Sharing 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. Nwt 401(k) Profit Sharing Plan sits mid-pack in the medium band (295 participants).

Form 5500 schedule snapshot

Filing strip 201439479 · Newwave Telecom & Technologies PY 2022 · 401(k)

Nwt 401(k) Profit Sharing Plan · $19M · 295 · 77th

  • EOY $19M
  • EOY 295
  • EOY 77th
  • EOY 401(k)
  • EOY near Nashville Predators Hockey Club 401(k) Profit Sharing Plan
  • EOY ind #16546

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 Professional & Technical Services retirement plans → · Plans in Maryland →

Nwt 401(k) Profit Sharing Plan in the asset neighbourhood

Nwt 401(k) Profit Sharing PlanNwt 401(k) Profit Sharing Pl…$19MNashville Predators Hockey Club 401(k) Profit Sharing PlanNashville Predators Hockey C…$19MFirst State Bank Southwest Ksop Plan and TrustFirst State Bank Southwest K…$19MAdvanced Turf Solutions 401(k) PlanAdvanced Turf Solutions 401(…$19MAmax Profit Sharing 401(k) PlanAmax Profit Sharing 401(k) P…$19M
End-of-year total assets ($M) among Nwt 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$19M
Net Income-$2M
Employer EIN201439479
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newwave Telecom & Technologies)

Sponsor-wide plan assets over time

All Newwave Telecom & Technologies plans reported in each filing year

Latest sponsor-wide plan assets
$22M 17.684499243224014% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19M $22.4M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 295 $19M
2023 1 241 $22M
2024 1 153 $22M

Nearby 401(k) Plans in Maryland

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

Nwt 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Nwt 401(k) Profit Sharing Plan, Total assets ($B): 0.019036677 · Participants: 295Nwt 401(k) Profit Sharing 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
Nwt 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Nwt 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Nashville Predators Hockey Club 401(k) Profit Sharing Plan in TN ($19M); by covered participants it is Dorner Mfg. Corp. Profit Sharing and Incentive Savings Plan in WI (295 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (295 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 Nwt 401(k) Profit Sharing Plan assets move in 2022?
Nwt 401(k) Profit Sharing Plan pulled back noticeably - down 11.0% during 2022, from $21M to $19M. Reported net income was -$2M.
How have Newwave Telecom & Technologies plan assets changed over time?
Across 3 plan years on file (2022-2024), Newwave Telecom & Technologies's sponsor-wide assets grew 17.7%, from $19M to $22M.
Where does Nwt 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Nwt 401(k) Profit Sharing Plan ranks in the 77th 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 Nwt 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Nashville Predators Hockey Club 401(k) Profit Sharing Plan in TN ($19M, 220 participants).
Which 401(k) plans cover a similar participant headcount to Nwt 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Dorner Mfg. Corp. Profit Sharing and Incentive Savings Plan in WI (295 participants, N/A in assets).