401(k) · DOL Form 5500 · 2023

Rekor Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
527
Participants Below avg headcount
62nd
Percentile by assets National rank
$22,057
Avg per participant Low balance/head
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Official DOL plan name: Rekor Systems, Inc. 401(k) Plan · Sponsored by Rekor Systems, Inc. · Maryland · Professional & Technical Services

$12M in assets, 527 participants

Rekor Systems, Inc.'s Rekor Systems, Inc. 401(k) Plan reported $12M in total assets and 527 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #12,352 in Professional & Technical Services (20,321 peers)

Rekor Systems, Inc. multi-year trail

Rekor Systems, Inc.'s plans moved +91.5% in assets from 2022 to 2024; this filing shows Rekor Systems, Inc. 401(k) Plan at $12M / 527 participants.

#12,352
in Professional & Technical Services (20,321 peers)
$2M
reported net income

Rekor Systems, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Rekor Systems, Inc. 401(k) Plan vs every filed plan by assets

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

$11,624,136 Top 38% higher than 62% 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

Rekor Systems, Inc. 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. Rekor Systems, Inc. 401(k) Plan sits mid-pack in the medium band (527 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rekor Systems, Inc. 401(k) Plan reported net income rose from $566K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Rekor Systems, Inc. 401(k) Plan reported participants rose from 146 in the plan year 2022 filing to 527 in the plan year 2023 filing.
  • Rekor Systems, Inc. 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $12M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 815266334 · Rekor Systems, Inc. PY 2023 · 401(k)

Rekor Systems, Inc. 401(k) Plan · $12M · 527 · 62nd

  • SCH $12M
  • EBSA 527
  • PART 62nd
  • TYPE 401(k)
  • NET near Axinn, Veltrop & Harkrider LLP 401(k) Retirement Plan
  • BOOK ind #12352

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 →

Rekor Systems, Inc. 401(k) Plan in the asset neighbourhood

Design Partners, Incorporated Profit Sharing PlanDesign Partners, Incorporate…$12MRekor Systems, Inc. 401(k) PlanRekor Systems, Inc. 401(k) P…$12MAxinn, Veltrop & Harkrider LLP 401(k) Retirement PlanAxinn, Veltrop & Harkrider L…$12MStartek 401(k) Plan$12MNeighbors in Need of Services Inc. Ninos Retirement Savings PlanNeighbors in Need of Service…$12M
End-of-year total assets ($M) among Rekor Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Rekor Systems, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Rekor Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 91.53723871477274% vs 2022
2024 filing year
$0M$5M$10M$15M$20M$25M 202220232024 $4.84M $9.27M ▲ +91.5%
Year Plans Participants Total Assets
2022 1 146 $5M
2023 2 769 $19M
2024 1 260 $9M

Rekor Systems, Inc. filing trail (2023)

Total Assets (Beginning of Year)N/A
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN815266334
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Maryland

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

Rekor Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Rekor Systems, Inc. 401(k) Plan, Total assets ($B): 0.011624136 · Participants: 527Rekor Systems, Inc. 401(k) PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Rekor Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Rekor Systems, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Axinn, Veltrop & Harkrider LLP 401(k) Retirement Plan in NY ($12M); by covered participants it is Scale Ai 401(k) Plan in CA (527 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (527 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 have Rekor Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Rekor Systems, Inc.'s sponsor-wide assets grew 91.5%, from $5M to $9M.
Which 401(k) plans are similar in size to Rekor Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Axinn, Veltrop & Harkrider LLP 401(k) Retirement Plan in NY ($12M, 60 participants).
Which 401(k) plans cover a similar participant headcount to Rekor Systems, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Scale Ai 401(k) Plan in CA (527 participants, $23M in assets).