401(k) · DOL Form 5500 · 2023

Nec Networks, LLC 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
116
Participants Small participant base
50th
Percentile by assets National rank
$57,404
Avg per participant Low balance/head
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Official DOL plan name: Nec Networks, LLC 401(k) Plan · Sponsored by Nec Networks, LLC · Texas · Administrative & Support Services

$7M in assets, 116 participants

Nec Networks, LLC's Nec Networks, LLC 401(k) Plan reported $7M in total assets and 116 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #3,100 in Administrative & Support Services (4,372 peers)

Coverage in Texas

Nec Networks, LLC 401(k) Plan covers 116 participants in Texas, about 17% of the average Texas filer (state average ~688 per filing). Assets: $7M.

#3,100
in Administrative & Support Services (4,372 peers)
+11.5%
assets growth YoY

Nec Networks, LLC 401(k) Plan's mid-pack asset rank among Administrative & Support Services and all filers

Nec Networks, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$6,658,841 Top 50% higher than 50% of 127,068 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 2023

Nec Networks, LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nec Networks, LLC 401(k) Plan sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nec Networks, LLC 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $688K in the plan year 2023 filing.
  • Nec Networks, LLC 401(k) Plan reported participants fell from 153 in the plan year 2022 filing to 116 in the plan year 2023 filing.
  • Nec Networks, LLC 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 742960358 · Nec Networks, LLC PY 2023 · 401(k)

Nec Networks, LLC 401(k) Plan · $7M · 116 · 50th

  • SCH $7M
  • EBSA 116
  • PART 50th
  • TYPE 401(k)
  • NET near Dave Grant Hay, Inc. Profit Sharing Plan
  • BOOK ind #3100

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 Administrative & Support Services retirement plans → · Plans in Texas →

Nec Networks, LLC 401(k) Plan in the asset neighbourhood

Nec Networks, LLC 401(k) Plan$7MDave Grant Hay, Inc. Profit Sharing PlanDave Grant Hay, Inc. Profit …$7MMicronics Engineered Filtration Group, Inc. 401(k)Micronics Engineered Filtrat…$7MFirst Seacoast Bank Safe Harbor 401(k) PlanFirst Seacoast Bank Safe Har…$7MHound Technology, Inc 401(k) PlanHound Technology, Inc 401(k)…$7M
End-of-year total assets ($M) among Nec Networks, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$688K
Employer EIN742960358
Plan Effective Date2011-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nec Networks, LLC)

Sponsor-wide plan assets over time

All Nec Networks, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$8M 26.86820967854561% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M$7.5M$8M 202220232024 $5.97M $7.58M ▲ +27.0%
Year Plans Participants Total Assets
2022 1 153 $6M
2023 1 116 $7M
2024 1 111 $8M

Nearby 401(k) Plans in Texas

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

Nec Networks, LLC 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Nec Networks, LLC 401(k) Plan, Total assets ($B): 0.006658841 · Participants: 116Nec Networks, LLC 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Nec Networks, LLC 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Nec Networks, LLC 401(k) Plan side-by-side with 3 peers →

Nec Networks, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Dave Grant Hay, Inc. Profit Sharing Plan in UT ($7M); by covered participants it is Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (116 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Nec Networks, LLC 401(k) Plan assets move in 2023? ▼
Nec Networks, LLC 401(k) Plan grew at a solid clip - up 11.5% during 2023, from $6M to $7M. Reported net income was $688K.
How have Nec Networks, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Nec Networks, LLC's sponsor-wide assets grew 26.9%, from $6M to $8M.
Which 401(k) plans are similar in size to Nec Networks, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dave Grant Hay, Inc. Profit Sharing Plan in UT ($7M, 60 participants).
Which 401(k) plans cover a similar participant headcount to Nec Networks, LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Commonwealth Electrical Technologies, Inc. 401(k) Plan in MA (116 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 742960358.

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.