ESOP · DOL Form 5500 · 2023
Newwave Technologies Inc. ESOP
Data updated 2026-08-11
- $11M
- Total assets
- 40
- Participants
- 60th
- Percentile by assets
- $266,470
- Avg per participant
Official DOL plan name: Newwave Technologies, Inc. Employee Stock Ownership Plan · Sponsored by Newwave Technologies Inc. · Maryland · Wholesale Trade
$11M in assets, 40 participants
Newwave Technologies Inc.'s Newwave Technologies, Inc. Employee Stock Ownership Plan reported $11M in total assets and 40 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.
- 60th percentile by assets (of 127,072 plans)
- #3,305 in Wholesale Trade (6,309 peers)
Newwave Technologies Inc. multi-year trail
Newwave Technologies Inc.'s plans moved +26.9% in assets from 2022 to 2024; this filing shows Newwave Technologies, Inc. Employee Stock Ownership Plan at $11M / 40 participants.
- $11M
- total plan assets (2023 EOY)
- 40
- covered participants
- 60th
- percentile by assets (of 127,072 plans)
- $266,470
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Newwave Technologies, Inc. Employee Stock Ownership Plan reported net income rose from $129K in the plan year 2022 filing to $977K in the plan year 2023 filing.
- Newwave Technologies, Inc. Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
- Newwave Technologies, Inc. Employee Stock Ownership Plan reported participants fell from 42 in the plan year 2022 filing to 40 in the plan year 2023 filing.
Newwave Technologies Inc. across 3 plan years on file
Across the 3 plan years Newwave Technologies Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $12M, a gain of 26.9%, while reported participants moved from 42 to 36 (-14.3%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($10M).
Newwave Technologies Inc. multi-year asset trail
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 42 | $10M |
| 2023 | 1 | 40 | $11M |
| 2024 | 1 | 36 | $12M |
Newwave Technologies Inc. filing trail (2023)
| Total Assets (Beginning of Year) | $10M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | $977K |
| Employer EIN | 521777455 |
| Plan Effective Date | 2012-01-01 |
| Filing Status | FILING RECEIVED |
Nearby ESOP Plans in Maryland
Peer ESOP plans, same state, same plan type, ranked by total assets.
Newwave Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
- Evapco, Inc. Employee Stock Ownership Plan $1.1B · 1,617
- Westat, Inc. Employee Stock Ownership Plan $407M · 3,046
- Kci Technologies, Inc. Employee Stock Ownership Plan $336M · 1,793
- Brown Capital Management ESOP $320M · 35
- Lockheed Martin Corporation Capital Accumulation Plan $267M · 5,839
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Newwave Technologies, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Multi-year trail
Ways to act on Newwave Technologies, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Newwave Technologies, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Maryland. Compare plans
- Newwave Technologies Inc.'s sponsor-wide assets have grown 26.9% since 2022 across 3 plan years on file. More Wholesale Trade plans