401(k) · DOL Form 5500 · 2023

Business Wire, Inc. 401(k) Plan

Data updated 2026-08-11

$117M
Total assets
369
Participants
92nd
Percentile by assets
$317,514
Avg per participant
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Official DOL plan name: Business Wire 401(k) Savings Trust · Sponsored by Business Wire, Inc. · California · Information & Media

$117M in assets, 369 participants

Business Wire, Inc.'s Business Wire 401(k) Savings Trust reported $117M in total assets and 369 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 127,072 plans)
  • #2,491 in Information & Media (2,818 peers)

Where Business Wire 401(k) Savings Trust sits by assets

Business Wire 401(k) Savings Trust sits in the top 10% of all filed plans by assets, $117M for 369 participants (~$317,514/participant), up 17.7% in 2023.

$117M
total plan assets (2023 EOY)
369
covered participants
92nd
percentile by assets (of 127,072 plans)
$317,514
avg assets per participant

Where Business Wire 401(k) Savings Trust sits by total assets

Business Wire 401(k) Savings Trust vs every filed plan by assets

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

$117,162,850 Top 8% higher than 92% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Business Wire 401(k) Savings Trust reported net income rose from -$18M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Business Wire 401(k) Savings Trust end-of-year assets rose from $100M in the plan year 2022 filing to $117M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
California
Industry
Information & Media

Business Wire 401(k) Savings Trust vs the 2023 asset distribution

By assets, Business Wire 401(k) Savings Trust outranks 92% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$100M
Net Assets (End of Year)$117M
Net Income$18M
Employer EIN204146409
Plan Effective Date1969-02-20
Filing StatusFILING RECEIVED

Sponsor Plan History (Business Wire, Inc.)

$90M$100M$110M$120M$130M 202220232024 $99.5M $125M ▲ +25.5%
Total plan assets by year, all Business Wire, Inc. plans on file
Year Plans Participants Total Assets
2022 1 366 $100M
2023 1 369 $117M
2024 1 323 $125M

Nearby 401(k) Plans in California

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

Business Wire 401(k) Savings Trust vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Business Wire 401(k)…, Total assets ($B): 0.11716285 · Participants: 369Business Wire 401(k)…Wells Fargo & Compan…, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Compan…Google LLC 401(k) Sa…, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Sa…Oracle Corporation 4…, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 4…Intel 401(k) Savings…, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings…Apple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Business Wire 401(k) Savings Trust vs. nearby 401(k) plans in California, assets vs. participants
Compare Business Wire 401(k) Savings Trust side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Business Wire 401(k) Savings Trust by total assets, not by location.

Frequently Asked Questions

How did Business Wire 401(k) Savings Trust assets move in 2023? ▼
Business Wire 401(k) Savings Trust grew sharply - up 17.7% during 2023, from $100M to $117M. Reported net income was $18M.
How have Business Wire, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Business Wire, Inc.'s sponsor-wide assets grew 25.5%, from $100M to $125M.
Where does Business Wire 401(k) Savings Trust rank by assets among Form 5500 filers? ▼
Business Wire 401(k) Savings Trust ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Business Wire 401(k) Savings Trust? ▼
Among 401(k) plans in other states, the closest by assets is Jostens 401(k) Retirement Plan in MN ($117M, 2,185 participants).

Next read for Business Wire 401(k) Savings Trust

Scale reading

Ways to act on Business Wire 401(k) Savings Trust's numbers.

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 204146409.

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.