401(k) · DOL Form 5500 · 2023

Basware Inc 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
103
Participants Small participant base
65th
Percentile by assets National rank
$128,601
Avg per participant Near avg balance/head
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Official DOL plan name: Basware Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Basware Inc · South Carolina · Retail Trade

$13M in assets, 103 participants

Basware Inc's Basware Inc 401(k) Profit Sharing Plan & Trust reported $13M in total assets and 103 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,341 in Retail Trade (8,414 peers)

Coverage in South Carolina

Basware Inc 401(k) Profit Sharing Plan & Trust covers 103 participants in South Carolina, about 28% of the average South Carolina filer (state average ~369 per filing). Assets: $13M.

#6,341
in Retail Trade (8,414 peers)
+11.4%
assets growth YoY

Basware Inc 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Retail Trade and all filers

Basware Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$13,245,859 Top 35% higher than 65% 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

Basware Inc 401(k) Profit Sharing Plan & Trust 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. Basware Inc 401(k) Profit Sharing Plan & Trust sits mid-pack in the medium band (103 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Basware Inc 401(k) Profit Sharing Plan & Trust reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Basware Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $12M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Basware Inc 401(k) Profit Sharing Plan & Trust reported participants rose from 94 in the plan year 2022 filing to 103 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 980383758 · Basware Inc PY 2023 · 401(k)

Basware Inc 401(k) Profit Sharing Plan & Trust · $13M · 103 · 65th

  • NET $13M
  • NET 103
  • NET 65th
  • NET 401(k)
  • NET near Acute Care Health System 401(k) P/S Plan
  • NET ind #6341

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 Retail Trade retirement plans → · Plans in South Carolina →

Basware Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Basware Inc 401(k) Profit Sharing Plan & TrustBasware Inc 401(k) Profit Sh…$13MAcute Care Health System 401(k) P/S PlanAcute Care Health System 401…$13MEnvelop Group, LLC 401(k) PlanEnvelop Group, LLC 401(k) Pl…$13MBroniec Associates, Inc. 401(k) Profit Sharing PlanBroniec Associates, Inc. 401…$13MFrick's Meat Products, Inc. 401(k) PlanFrick's Meat Products, Inc. …$13M
End-of-year total assets ($M) among Basware Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

South Carolina filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$13M
Net Income$1M
Employer EIN980383758
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Basware Inc)

Sponsor-wide plan assets over time

All Basware Inc plans reported in each filing year

Latest sponsor-wide plan assets
$16M 33.93123921235203% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.9M $15.9M ▲ +34.0%
Year Plans Participants Total Assets
2022 1 94 $12M
2023 1 103 $13M
2024 1 86 $16M

Nearby 401(k) Plans in South Carolina

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

Basware Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Basware Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.013245859 · Participants: 103Basware Inc 401(k) Profit Sharing Plan & TrustMichelin 401(k) Savings Plan, Total assets ($B): 4.081217676 · Participants: 14439Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.54970984 · Participants: 8661The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.560739492 · Participants: 11311Sonoco Retirement & Savings PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.313010355 · Participants: 10614Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.296149408 · Participants: 11348Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan
Basware Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants

Basware Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Acute Care Health System 401(k) P/S Plan in NJ ($13M); by covered participants it is Obstetrics & Gynecology of Indiana, P.C. 401(k) Profit Sharing Plan in IN (103 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (103 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 Basware Inc 401(k) Profit Sharing Plan & Trust assets move in 2023?
Basware Inc 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 11.4% during 2023, from $12M to $13M. Reported net income was $1M.
How have Basware Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Basware Inc's sponsor-wide assets grew 33.9%, from $12M to $16M.
Which 401(k) plans are similar in size to Basware Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Acute Care Health System 401(k) P/S Plan in NJ ($13M, 284 participants).
Which 401(k) plans cover a similar participant headcount to Basware Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Obstetrics & Gynecology of Indiana, P.C. 401(k) Profit Sharing Plan in IN (103 participants, N/A in assets).