401(k) · DOL Form 5500 · 2023

Sequans Communications S.a. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
14
Participants Small participant base
35th
Percentile by assets National rank
$196,949
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sequans Communications Sa 401(k) Plan · Sponsored by Sequans Communications S.a. · Minnesota · Manufacturing

$3M in assets, 14 participants

Sequans Communications S.a.'s Sequans Communications Sa 401(k) Plan reported $3M in total assets and 14 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,417 in Manufacturing (18,722 peers)

Sequans Communications S.a. multi-year trail

Sequans Communications S.a.'s plans moved +89.1% in assets from 2022 to 2024; this filing shows Sequans Communications Sa 401(k) Plan at $3M / 14 participants.

#3,417
in Manufacturing (18,722 peers)
+41.0%
assets growth YoY

Sequans Communications Sa 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Sequans Communications Sa 401(k) Plan vs every filed plan by assets

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

$2,757,285 35th percentile higher than 35% 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

Sequans Communications Sa 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sequans Communications Sa 401(k) Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Sequans Communications Sa 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $801K in the plan year 2023 filing.
  • Sequans Communications Sa 401(k) Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Sequans Communications Sa 401(k) Plan reported participants fell from 17 in the plan year 2022 filing to 14 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 201476299 · Sequans Communications S.a. PY 2023 · 401(k)

Sequans Communications Sa 401(k) Plan · $3M · 14 · 35th

  • NET $3M
  • NET 14
  • NET 35th
  • NET 401(k)
  • NET near Lou Stafford Insurance Agency, Inc. Amended and Restated Profit Sharing and Employee Savings Benefit Plan
  • NET ind #3417

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 Minnesota →

Sequans Communications Sa 401(k) Plan in the asset neighbourhood

Sequans Communications Sa 401(k) PlanSequans Communications Sa 40…$3MLou Stafford Insurance Agency, Inc. Amended and Restated Profit Sharing and Employee Savings Benefit PlanLou Stafford Insurance Agenc…$3MKrystal Restaurants LLC 401(k) PlanKrystal Restaurants LLC 401(…$3MEdgygear Inc. 401 (K) Profit Sharing PlanEdgygear Inc. 401 (K) Profit…$3MSteven K. Urke, C.P.a., P.C. 401(k) PlanSteven K. Urke, C.P.a., P.C.…$3M
End-of-year total assets ($M) among Sequans Communications Sa 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Sequans Communications S.a. multi-year asset trail

Sponsor-wide plan assets over time

All Sequans Communications S.a. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 89.07149617024062% vs 2022
2024 filing year
$1M$2M$3M$4M 202220232024 $1.96M $3.7M ▲ +88.8%
Year Plans Participants Total Assets
2022 1 17 $2M
2023 1 14 $3M
2024 1 22 $4M

Sequans Communications S.a. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$801K
Employer EIN201476299
Plan Effective Date2005-12-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Sequans Communications Sa 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Sequans Communications Sa 401(k) Plan, Total assets ($B): 0.002757285 · Participants: 14Sequans Communications Sa 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Sequans Communications Sa 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Sequans Communications Sa 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Lou Stafford Insurance Agency, Inc. Amended and Restated Profit Sharing and Employee Savings Benefit Plan in OR ($3M); by covered participants it is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 participants). Same-state nearby plans are listed separately above.

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 Sequans Communications Sa 401(k) Plan assets move in 2023?
Sequans Communications Sa 401(k) Plan surged - up 41.0% during 2023, from $2M to $3M. Reported net income was $801K.
How have Sequans Communications S.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sequans Communications S.a.'s sponsor-wide assets grew 89.1%, from $2M to $4M.
Which 401(k) plans are similar in size to Sequans Communications Sa 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Lou Stafford Insurance Agency, Inc. Amended and Restated Profit Sharing and Employee Savings Benefit Plan in OR ($3M, 3 participants).
Which 401(k) plans cover a similar participant headcount to Sequans Communications Sa 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Gibbs Maintenance, Profit Sharing Plan and Trust in CA (14 participants, N/A in assets).