401(k) · DOL Form 5500 · 2023

Globitech, Incorporated 401(k) Plan

Data updated 2026-08-11

$107M
Total assets
574
Participants
92nd
Percentile by assets
$186,113
Avg per participant
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Official DOL plan name: Global Wafers US 401(k) Plan · Sponsored by Globitech, Incorporated · Texas · Manufacturing

$107M in assets, 574 participants

Globitech, Incorporated's Global Wafers US 401(k) Plan reported $107M in total assets and 574 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #16,381 in Manufacturing (18,722 peers)

Where Global Wafers US 401(k) Plan sits by assets

Global Wafers US 401(k) Plan sits in the top 10% of all filed plans by assets, $107M for 574 participants (~$186,113/participant), up 14.1% in 2023.

$107M
total plan assets (2023 EOY)
574
covered participants
92nd
percentile by assets (of 127,072 plans)
$186,113
avg assets per participant

Where Global Wafers US 401(k) Plan sits by total assets

Global Wafers US 401(k) Plan vs every filed plan by assets

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

$106,829,036 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Global Wafers US 401(k) Plan reported net income rose from -$16M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Global Wafers US 401(k) Plan end-of-year assets rose from $94M in the plan year 2022 filing to $107M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Manufacturing

Global Wafers US 401(k) Plan vs the 2023 asset distribution

By assets, Global Wafers US 401(k) Plan outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$94M
Net Assets (End of Year)$107M
Net Income$11M
Employer EIN752793645
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Globitech, Incorporated)

$90M$100M$110M$120M$130M 202220232024 $93.6M $121M ▲ +29.5%
Total plan assets by year, all Globitech, Incorporated plans on file
Year Plans Participants Total Assets
2022 1 570 $94M
2023 1 574 $107M
2024 1 619 $121M

Nearby 401(k) Plans in Texas

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

Global Wafers US 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Global Wafers US 401…, Total assets ($B): 0.106829036 · Participants: 574Global Wafers US 401…AT&T Retirement Savi…, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings P…Caterpillar 401(k) S…, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) S…American Airlines, I…, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, I…Dell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Global Wafers US 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Global Wafers US 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Global Wafers US 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Global Wafers US 401(k) Plan assets move in 2023? ▼
Global Wafers US 401(k) Plan grew at a solid clip - up 14.1% during 2023, from $94M to $107M. Reported net income was $11M.
How have Globitech, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Globitech, Incorporated's sponsor-wide assets grew 29.5%, from $94M to $121M.
Where does Global Wafers US 401(k) Plan rank by assets among Form 5500 filers? ▼
Global Wafers US 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Global Wafers US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Acli Income Plan in DC ($107M, 110 participants).

Next read for Global Wafers US 401(k) Plan

Scale reading

Ways to act on Global Wafers US 401(k) Plan's numbers.

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 752793645.

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.