401(k) · DOL Form 5500 · 2023

Wits Solutions Inc. 401(k) Plan

Data updated 2026-08-25

$383K
Total assets Small plan by assets
114
Participants Small participant base
16th
Percentile by assets National rank
$3,356
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wits Solutions Inc. 401(k) Plan · Sponsored by Wits Solutions Inc. · Virginia · Professional & Technical Services

$383K in assets, 114 participants

Wits Solutions Inc.'s Wits Solutions Inc. 401(k) Plan reported $383K in total assets and 114 participants in its 2023 DOL Form 5500 filing, ranking in the 16th 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.

  • #2,402 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Wits Solutions Inc. 401(k) Plan covers 114 participants in Virginia, about 15% of the average Virginia filer (state average ~782 per filing). Assets: $383K.

#2,402
in Professional & Technical Services (20,321 peers)
+62.0%
assets growth YoY

Wits Solutions Inc. 401(k) Plan among the smaller filed plans by assets

Wits Solutions Inc. 401(k) Plan vs every filed plan by assets

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

$382,637 16th percentile higher than 16% 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

Wits Solutions 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. Wits Solutions Inc. 401(k) Plan sits mid-pack in the medium band (114 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wits Solutions Inc. 401(k) Plan reported net income rose from $57K in the plan year 2022 filing to $146K in the plan year 2023 filing.
  • Wits Solutions Inc. 401(k) Plan end-of-year assets rose from $236K in the plan year 2022 filing to $383K in the plan year 2023 filing.
  • Wits Solutions Inc. 401(k) Plan reported participants fell from 124 in the plan year 2022 filing to 114 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 263877344 · Wits Solutions Inc. PY 2023 · 401(k)

Wits Solutions Inc. 401(k) Plan · $383K · 114 · 16th

  • VS-ST $383K
  • BOY 114
  • SCH 16th
  • EBSA 401(k)
  • PART near Wilmington Machinery, Inc. 401(k) Plan
  • TYPE ind #2402

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 Virginia →

Wits Solutions Inc. 401(k) Plan in the asset neighbourhood

Wits Solutions Inc. 401(k) PlanWits Solutions Inc. 401(k) P…$383KWilmington Machinery, Inc. 401(k) PlanWilmington Machinery, Inc. 4…$383KTricord Investment Group, Inc. 401(k) Profit Sharing PlanTricord Investment Group, In…$383KRefuge Mercantile and Service Company 401(k) PlanRefuge Mercantile and Servic…$383KBubbling Brook Corp 401(k) PlanBubbling Brook Corp 401(k) P…$383K
End-of-year total assets ($M) among Wits Solutions Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$236K
Net Assets (End of Year)$383K
Net Income$146K
Employer EIN263877344
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wits Solutions Inc.)

Sponsor-wide plan assets over time

All Wits Solutions Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$383K 61.99429306870332% vs 2022
2023 filing year
$0.2M$0.25M$0.3M$0.35M$0.4M 20222023 $0.24M $0.38M ▲ +58.3%
Year Plans Participants Total Assets
2022 1 124 $236K
2023 1 114 $383K

Nearby 401(k) Plans in Virginia

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

Wits Solutions Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Wits Solutions Inc. 401(k) Plan, Total assets ($B): 0.000382637 · Participants: 114Wits Solutions Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Wits Solutions Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Wits Solutions Inc. 401(k) Plan side-by-side with 3 peers →

Wits Solutions Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Wilmington Machinery, Inc. 401(k) Plan in NC ($383K); by covered participants it is Austin Medical Center 403b Plan in MN (114 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (114 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 Wits Solutions Inc. 401(k) Plan assets move in 2023? ▼
Wits Solutions Inc. 401(k) Plan surged - up 62.0% during 2023, from $236K to $383K. Reported net income was $146K.
How have Wits Solutions Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Wits Solutions Inc.'s sponsor-wide assets grew 62.0%, from $236K to $383K.
Where does Wits Solutions Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Wits Solutions Inc. 401(k) Plan ranks in the 16th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Wits Solutions Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Wilmington Machinery, Inc. 401(k) Plan in NC ($383K, 21 participants).
Which 401(k) plans cover a similar participant headcount to Wits Solutions Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Austin Medical Center 403b Plan in MN (114 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 263877344.

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.