401(k) · DOL Form 5500 · 2023

Newwave Telecom & Technologies 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
241
Participants Below avg headcount
74th
Percentile by assets National rank
$91,082
Avg per participant Below avg balance/head
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Official DOL plan name: Nwt 401(k) Profit Sharing Plan · Sponsored by Newwave Telecom & Technologies · Maryland · Professional & Technical Services

$22M in assets, 241 participants

Newwave Telecom & Technologies's Nwt 401(k) Profit Sharing Plan reported $22M in total assets and 241 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #15,110 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Nwt 401(k) Profit Sharing Plan covers 241 participants in Maryland, about 26% of the average Maryland filer (state average ~929 per filing). Assets: $22M.

#15,110
in Professional & Technical Services (20,321 peers)
+15.3%
assets growth YoY

Nwt 401(k) Profit Sharing Plan's outsized position by total assets

Nwt 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,950,876 Top 26% higher than 74% 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

Nwt 401(k) Profit Sharing 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. Nwt 401(k) Profit Sharing Plan sits mid-pack in the medium band (241 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nwt 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Nwt 401(k) Profit Sharing Plan reported participants fell from 295 in the plan year 2022 filing to 241 in the plan year 2023 filing.
  • Nwt 401(k) Profit Sharing Plan end-of-year assets rose from $19M in the plan year 2022 filing to $22M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 201439479 · Newwave Telecom & Technologies PY 2023 · 401(k)

Nwt 401(k) Profit Sharing Plan · $22M · 241 · 74th

  • BOY $22M
  • BOY 241
  • BOY 74th
  • BOY 401(k)
  • BOY near Kamco Industries, Inc. 401(k) Plan & Trust
  • BOY ind #15110

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 →

Nwt 401(k) Profit Sharing Plan in the asset neighbourhood

Nwt 401(k) Profit Sharing PlanNwt 401(k) Profit Sharing Pl…$22MKamco Industries, Inc. 401(k) Plan & TrustKamco Industries, Inc. 401(k…$22MOrganicgirl, LLC Tax Deferred Savings PlanOrganicgirl, LLC Tax Deferre…$22MGame Creek Video 401(k) Plan$22MWillson, Jones, Carter & Baxley, P.a. 401(k) PlanWillson, Jones, Carter & Bax…$22M
End-of-year total assets ($M) among Nwt 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$22M
Net Income$3M
Employer EIN201439479
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newwave Telecom & Technologies)

Sponsor-wide plan assets over time

All Newwave Telecom & Technologies plans reported in each filing year

Latest sponsor-wide plan assets
$22M 17.684499243224014% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19M $22.4M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 295 $19M
2023 1 241 $22M
2024 1 153 $22M

Nearby 401(k) Plans in Maryland

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

Nwt 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Nwt 401(k) Profit Sharing Plan, Total assets ($B): 0.021950876 · Participants: 241Nwt 401(k) Profit Sharing 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
Nwt 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Nwt 401(k) Profit Sharing Plan side-by-side with 3 peers →

Nwt 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Kamco Industries, Inc. 401(k) Plan & Trust in OH ($22M); by covered participants it is Tango Card Inc 401(k) Profit Sharing Plan and Trust in WA (241 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($22M here).

Similar participant headcount

Nearest other-state filings by covered participants (241 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 Nwt 401(k) Profit Sharing Plan assets move in 2023? ▼
Nwt 401(k) Profit Sharing Plan grew sharply - up 15.3% during 2023, from $19M to $22M. Reported net income was $3M.
How have Newwave Telecom & Technologies plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newwave Telecom & Technologies's sponsor-wide assets grew 17.7%, from $19M to $22M.
Which 401(k) plans are similar in size to Nwt 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kamco Industries, Inc. 401(k) Plan & Trust in OH ($22M, 469 participants).
Which 401(k) plans cover a similar participant headcount to Nwt 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tango Card Inc 401(k) Profit Sharing Plan and Trust in WA (241 participants, $19M 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 201439479.

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.