401(k) · DOL Form 5500 · 2023

Telit Iot Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
159
Participants Small participant base
74th
Percentile by assets National rank
$132,347
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Telit North America 401(k) Plan · Sponsored by Telit Iot Solutions, Inc. · North Carolina · Information & Media

$21M in assets, 159 participants

Telit Iot Solutions, Inc.'s Telit North America 401(k) Plan reported $21M in total assets and 159 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.

  • #1,807 in Information & Media (2,818 peers)

Coverage in North Carolina

Telit North America 401(k) Plan covers 159 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $21M.

#1,807
in Information & Media (2,818 peers)
+24.9%
assets growth YoY

Telit North America 401(k) Plan's outsized position by total assets

Telit North America 401(k) Plan vs every filed plan by assets

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

$21,043,179 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

Telit North America 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. Telit North America 401(k) Plan sits mid-pack in the medium band (159 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Telit North America 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Telit North America 401(k) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.
  • Telit North America 401(k) Plan reported participants rose from 157 in the plan year 2022 filing to 159 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 372000778 · Telit Iot Solutions, Inc. PY 2023 · 401(k)

Telit North America 401(k) Plan · $21M · 159 · 74th

  • RANK $21M
  • PHOTO 159
  • IND 74th
  • EOY 401(k)
  • 5500 near Henry Avocado Corporation
  • ASSETS ind #1807

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 Information & Media retirement plans → · Plans in North Carolina →

Telit North America 401(k) Plan in the asset neighbourhood

Telit North America 401(k) PlanTelit North America 401(k) P…$21MHenry Avocado Corporation$21MOxbow Calcining LLC Salaried Employees' Retirement and Savings PlanOxbow Calcining LLC Salaried…$21MHome Partners of America, LLC 401(k) Ps Plan &trustHome Partners of America, LL…$21MWright & Mcgill Company 401(k) Profit Sharing PlanWright & Mcgill Company 401(…$21M
End-of-year total assets ($M) among Telit North America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN372000778
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Telit Iot Solutions, Inc.)

Sponsor-wide plan assets over time

All Telit Iot Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 48.827535170739765% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.9M $25.1M ▲ +48.8%
Year Plans Participants Total Assets
2022 1 157 $17M
2023 1 159 $21M
2024 1 160 $25M

Nearby 401(k) Plans in North Carolina

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

Telit North America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Telit North America 401(k) Plan, Total assets ($B): 0.021043179 · Participants: 159Telit North America 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
Telit North America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Telit North America 401(k) Plan side-by-side with 3 peers →

Telit North America 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Henry Avocado Corporation in CA ($21M); by covered participants it is Visiting Angels 401(k) Plan in PA (159 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (159 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 Telit North America 401(k) Plan assets move in 2023? ▼
Telit North America 401(k) Plan grew sharply - up 24.9% during 2023, from $17M to $21M. Reported net income was $4M.
How have Telit Iot Solutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Telit Iot Solutions, Inc.'s sponsor-wide assets grew 48.8%, from $17M to $25M.
Which 401(k) plans are similar in size to Telit North America 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Henry Avocado Corporation in CA ($21M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Telit North America 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Visiting Angels 401(k) Plan in PA (159 participants, N/A 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 372000778.

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.