401(k) · DOL Form 5500 · 2023

Fibertek, Inc. 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
193
Participants Below avg headcount
86th
Percentile by assets National rank
$268,975
Avg per participant High balance/head
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Official DOL plan name: Fibertek, Inc. 401(k) Plan · Sponsored by Fibertek, Inc. · Virginia · Professional & Technical Services

$52M in assets, 193 participants

Fibertek, Inc.'s Fibertek, Inc. 401(k) Plan reported $52M in total assets and 193 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,671 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Fibertek, Inc. 401(k) Plan covers 193 participants in Virginia, about 25% of the average Virginia filer (state average ~782 per filing). Assets: $52M.

#17,671
in Professional & Technical Services (20,321 peers)
+21.3%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Fibertek, Inc. 401(k) Plan's outsized position by total assets

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

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

$51,912,099 Top 14% higher than 86% 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

Fibertek, 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. Fibertek, Inc. 401(k) Plan sits mid-pack in the medium band (193 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Fibertek, Inc. 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Fibertek, Inc. 401(k) Plan end-of-year assets rose from $43M in the plan year 2022 filing to $52M in the plan year 2023 filing.
  • Fibertek, Inc. 401(k) Plan reported participants rose from 177 in the plan year 2022 filing to 193 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541255705 · Fibertek, Inc. PY 2023 · 401(k)

Fibertek, Inc. 401(k) Plan · $52M · 193 · 86th

  • PART $52M
  • TYPE 193
  • NET 86th
  • BOOK 401(k)
  • VS-ST near The Mcguire Group 401(k) Plan
  • BOY ind #17671

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 Virginia →

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

The Mcguire Group 401(k) Plan$52MJas. D. Easton 401(k) / Profit Sharing PlanJas. D. Easton 401(k) / Prof…$52MCoats North America Savings and Investment PlanCoats North America Savings …$52MFibertek, Inc. 401(k) Plan$52MColumbia Grain Savings Plan$52M
End-of-year total assets ($M) among Fibertek, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$52M
Net Income$9M
Employer EIN541255705
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fibertek, Inc.)

Sponsor-wide plan assets over time

All Fibertek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60M 39.171380766249406% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $42.8M $59.6M ▲ +39.2%
Year Plans Participants Total Assets
2022 1 177 $43M
2023 1 193 $52M
2024 1 197 $60M

Nearby 401(k) Plans in Virginia

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

Fibertek, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Fibertek, Inc. 401(k) Plan, Total assets ($B): 0.051912099 · Participants: 193Fibertek, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Fibertek, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Fibertek, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is The Mcguire Group 401(k) Plan in NY ($52M); by covered participants it is Kevin, Inc. Profit Sharing Plan in ME (193 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($52M here).

Similar participant headcount

Nearest other-state filings by covered participants (193 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 Fibertek, Inc. 401(k) Plan assets move in 2023? ▼
Fibertek, Inc. 401(k) Plan grew sharply - up 21.3% during 2023, from $43M to $52M. Reported net income was $9M.
How have Fibertek, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Fibertek, Inc.'s sponsor-wide assets grew 39.2%, from $43M to $60M.
Where does Fibertek, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Fibertek, Inc. 401(k) Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Fibertek, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Mcguire Group 401(k) Plan in NY ($52M, 3,937 participants).
Which 401(k) plans cover a similar participant headcount to Fibertek, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kevin, Inc. Profit Sharing Plan in ME (193 participants, $22M 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 541255705.

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.