401(k) · DOL Form 5500 · 2023

Rekor Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
242
Participants Below avg headcount
52nd
Percentile by assets National rank
$29,856
Avg per participant Low balance/head
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Official DOL plan name: Rekor Systems, Inc. 401(k) Plan · Sponsored by Rekor Systems, Inc. · Maryland · Professional & Technical Services

$7M in assets, 242 participants

Rekor Systems, Inc.'s Rekor Systems, Inc. 401(k) Plan reported $7M in total assets and 242 participants in its 2023 DOL Form 5500 filing, ranking in the 52nd 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.

  • #10,161 in Professional & Technical Services (20,321 peers)

Coverage in Maryland

Rekor Systems, Inc. 401(k) Plan covers 242 participants in Maryland, about 26% of the average Maryland filer (state average ~929 per filing). Assets: $7M.

#10,161
in Professional & Technical Services (20,321 peers)
+49.2%
assets growth YoY

Rekor Systems, Inc. 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Rekor Systems, Inc. 401(k) Plan vs every filed plan by assets

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

$7,225,099 Top 48% higher than 52% 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

Rekor Systems, Inc. 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. Rekor Systems, Inc. 401(k) Plan sits mid-pack in the medium band (242 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Rekor Systems, Inc. 401(k) Plan reported net income rose from $566K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Rekor Systems, Inc. 401(k) Plan reported participants rose from 146 in the plan year 2022 filing to 242 in the plan year 2023 filing.
  • Rekor Systems, Inc. 401(k) Plan end-of-year assets rose from $5M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 815266334 · Rekor Systems, Inc. PY 2023 · 401(k)

Rekor Systems, Inc. 401(k) Plan · $7M · 242 · 52nd

  • NET $7M
  • BOOK 242
  • VS-ST 52nd
  • BOY 401(k)
  • SCH near Tcat, Inc. Employee Retirement Plan
  • EBSA ind #10161

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 →

Rekor Systems, Inc. 401(k) Plan in the asset neighbourhood

Rekor Systems, Inc. 401(k) PlanRekor Systems, Inc. 401(k) P…$7MTcat, Inc. Employee Retirement PlanTcat, Inc. Employee Retireme…$7MSmelter Service Corp 401(k) Profit Sharing PlanSmelter Service Corp 401(k) …$7MAnastasia Beverly Hills LLC 401(k) PlanAnastasia Beverly Hills LLC …$7MNetgain Technologies, LLC 401(k) Profit Sharing Plan & TrustNetgain Technologies, LLC 40…$7M
End-of-year total assets ($M) among Rekor Systems, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$7M
Net Income$2M
Employer EIN815266334
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Rekor Systems, Inc.)

Sponsor-wide plan assets over time

All Rekor Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 91.53723871477274% vs 2022
2024 filing year
$0M$5M$10M$15M$20M$25M 202220232024 $4.84M $9.27M ▲ +91.5%
Year Plans Participants Total Assets
2022 1 146 $5M
2023 2 769 $19M
2024 1 260 $9M

Nearby 401(k) Plans in Maryland

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

Rekor Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Rekor Systems, Inc. 401(k) Plan, Total assets ($B): 0.007225099 · Participants: 242Rekor Systems, Inc. 401(k) 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
Rekor Systems, Inc. 401(k) Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Rekor Systems, Inc. 401(k) Plan side-by-side with 3 peers →

Rekor Systems, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Tcat, Inc. Employee Retirement Plan in NY ($7M); by covered participants it is Activehours 401(k) Plan in CA (242 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (242 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 Rekor Systems, Inc. 401(k) Plan assets move in 2023? ▼
Rekor Systems, Inc. 401(k) Plan surged - up 49.2% during 2023, from $5M to $7M. Reported net income was $2M.
How have Rekor Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Rekor Systems, Inc.'s sponsor-wide assets grew 91.5%, from $5M to $9M.
Which 401(k) plans are similar in size to Rekor Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Tcat, Inc. Employee Retirement Plan in NY ($7M, 114 participants).
Which 401(k) plans cover a similar participant headcount to Rekor Systems, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Activehours 401(k) Plan in CA (242 participants, $17M 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 815266334.

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.