401(k) · DOL Form 5500 · 2023

Globitech, Incorporated 401(k) Plan

Data updated 2026-08-25

$107M
Total assets Near avg plan size
574
Participants Below avg headcount
92nd
Percentile by assets National rank
$186,113
Avg per participant Above avg balance/head
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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.

  • #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.

#16,381
in Manufacturing (18,722 peers)
+14.1%
assets growth YoY
1.1×
vs typical plan assets (national mean)

Global Wafers US 401(k) Plan's outsized position 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 $2,050,000,000 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

Global Wafers US 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. Global Wafers US 401(k) Plan sits mid-pack in the medium band (574 participants).

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 →

Form 5500 schedule snapshot

Filing strip 752793645 · Globitech, Incorporated PY 2023 · 401(k)

Global Wafers US 401(k) Plan · $107M · 574 · 92nd

  • BOY $107M
  • SCH 574
  • EBSA 92nd
  • PART 401(k)
  • TYPE near Acli Income Plan
  • NET ind #16381

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 Manufacturing retirement plans → · Plans in Texas →

Global Wafers US 401(k) Plan in the asset neighbourhood

Inizio Employee Savings Plan$107MSavings Plan of Asarco LLC and Participating SubsidiariesSavings Plan of Asarco LLC a…$107MExchange Bank Savings and Profit Sharing PlanExchange Bank Savings and Pr…$107MGlobal Wafers US 401(k) Plan$107MAcli Income Plan$107M
End-of-year total assets ($M) among Global Wafers US 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Globitech, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$121M 29.462794525853447% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $93.6M $121M ▲ +29.5%
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 ($B) Participants Global Wafers US 401(k) Plan, Total assets ($B): 0.106829036 · Participants: 574Global Wafers US 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
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 →

Global Wafers US 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Acli Income Plan in DC ($107M); by covered participants it is Enterprise Bank and Trust Company 401(k) Plan in MA (574 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($107M here).

Similar participant headcount

Nearest other-state filings by covered participants (574 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 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).
Which 401(k) plans cover a similar participant headcount to Global Wafers US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Enterprise Bank and Trust Company 401(k) Plan in MA (574 participants, $112M 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 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.