Profit Sharing · DOL Form 5500 · 2023

Microwave Transmission Systems, Inc. Profit Sharing Plan

Data updated 2026-08-11

$30M
Total assets
289
Participants
79th
Percentile by assets
$103,688
Avg per participant
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Official DOL plan name: Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust · Sponsored by Microwave Transmission Systems, Inc. · Texas · Professional & Technical Services

$30M in assets, 289 participants

Microwave Transmission Systems, Inc.'s Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust reported $30M in total assets and 289 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 127,072 plans)
  • #16,203 in Professional & Technical Services (20,321 peers)

Coverage in Texas

Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust covers 289 participants in Texas, about 42% of the average Texas filer (state average ~688 per filing). Assets: $30M.

$30M
total plan assets (2023 EOY)
289
covered participants
79th
percentile by assets (of 127,072 plans)
$103,688
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust reported net income rose from -$4M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust end-of-year assets rose from $25M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust reported participants fell from 299 in the plan year 2022 filing to 289 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust reports 289 participants - about 42% of that state average ($30M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$30M
Net Income$5M
Employer EIN752602228
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Microwave Transmission Systems, Inc.)

$20M$25M$30M$35M 202220232024 $25.1M $32.5M ▲ +29.2%
Total plan assets by year, all Microwave Transmission Systems, Inc. plans on file
Year Plans Participants Total Assets
2022 1 299 $25M
2023 1 289 $30M
2024 1 296 $32M

Nearby Profit Sharing Plans in Texas

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants

Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Microwave Transmissi…Southwest Airlines C…Baylor College of Me…H-E-B Partner Stock …The Defined Contribu…American Heart Assoc…
Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust vs. nearby Profit Sharing plans in Texas, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust assets move in 2023?
Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust grew sharply - up 19.2% during 2023, from $25M to $30M. Reported net income was $5M.
How have Microwave Transmission Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Microwave Transmission Systems, Inc.'s sponsor-wide assets grew 29.2%, from $25M to $32M.
Where does Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust rank by assets among Form 5500 filers?
Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust ranks in the 79th 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 Profit Sharing plans are similar in size to Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust?
Among Profit Sharing plans in other states, the closest by assets is American Society of Civil Engineers Defined Contribution Retirement Plan in VA ($30M, 211 participants).

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Filing takeaways

Ways to act on Microwave Transmission Systems, Inc. Profit Sharing Plan & Trust's numbers.