401(k) · DOL Form 5500 · 2024

Blue Wave Ultrasonics, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
14
Participants Small participant base
27th
Percentile by assets National rank
$113,760
Avg per participant Below avg balance/head
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Official DOL plan name: Blue Wave Ultrasonics, Inc. 401(k) Plan · Sponsored by Blue Wave Ultrasonics, Inc. · Iowa · Manufacturing

$2M in assets, 14 participants

Blue Wave Ultrasonics, Inc.'s Blue Wave Ultrasonics, Inc. 401(k) Plan reported $2M in total assets and 14 participants in its 2024 DOL Form 5500 filing, ranking in the 27th 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.

  • #2,183 in Manufacturing (17,777 peers)

Blue Wave Ultrasonics, Inc. multi-year trail

Blue Wave Ultrasonics, Inc.'s plans moved -25.0% in assets from 2022 to 2024; this filing shows Blue Wave Ultrasonics, Inc. 401(k) Plan at $2M / 14 participants.

#2,183
in Manufacturing (17,777 peers)
-36.0%
assets change YoY

The plan reported a net loss of $897K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Blue Wave Ultrasonics, Inc. 401(k) Plan among the smaller filed plans by assets

Blue Wave Ultrasonics, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,592,638 27th percentile higher than 27% of 123,620 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 2024

Blue Wave Ultrasonics, Inc. 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Blue Wave Ultrasonics, Inc. 401(k) Plan is a small filing (14 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Blue Wave Ultrasonics, Inc. 401(k) Plan reported net income fell from $366K in the plan year 2023 filing to -$897K in the plan year 2024 filing.
  • Blue Wave Ultrasonics, Inc. 401(k) Plan end-of-year assets fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Blue Wave Ultrasonics, Inc. 401(k) Plan reported participants fell from 16 in the plan year 2023 filing to 14 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 421437584 · Blue Wave Ultrasonics, Inc. PY 2024 · 401(k)

Blue Wave Ultrasonics, Inc. 401(k) Plan · $2M · 14 · 27th

  • PART $2M
  • TYPE 14
  • NET 27th
  • BOOK 401(k)
  • VS-ST near Michael J. Chandler M.D. PLLC Pension Plan
  • BOY ind #2183

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 Manufacturing retirement plans → · Plans in Iowa →

Blue Wave Ultrasonics, Inc. 401(k) Plan in the asset neighbourhood

Blue Wave Ultrasonics, Inc. 401(k) PlanBlue Wave Ultrasonics, Inc. …$2MMichael J. Chandler M.D. PLLC Pension PlanMichael J. Chandler M.D. PLL…$2MXact Tech, Inc. 401(k) Plan$2MSuperior Walls of Upstate Ny, Inc. 401 (K) PlanSuperior Walls of Upstate Ny…$2MCrespo & Associates PA 401(k) Profit Sharing Plan and TrustCrespo & Associates PA 401(k…$2M
End-of-year total assets ($M) among Blue Wave Ultrasonics, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Blue Wave Ultrasonics, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Blue Wave Ultrasonics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 25.018278889001362% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $2.12M $1.59M ▼ -25.0%
Year Plans Participants Total Assets
2022 1 16 $2M
2023 1 16 $2M
2024 1 14 $2M

Blue Wave Ultrasonics, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$897K
Employer EIN421437584
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Blue Wave Ultrasonics, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Blue Wave Ultrasonics, Inc. 401(k) Plan, Total assets ($B): 0.001592638 · Participants: 14Blue Wave Ultrasonics, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Blue Wave Ultrasonics, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Blue Wave Ultrasonics, Inc. 401(k) Plan side-by-side with 3 peers →

Blue Wave Ultrasonics, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Michael J. Chandler M.D. PLLC Pension Plan in NY ($2M); by covered participants it is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (14 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Blue Wave Ultrasonics, Inc. 401(k) Plan assets move in 2024? ▼
Blue Wave Ultrasonics, Inc. 401(k) Plan contracted severely - down 36.0% during 2024, from $2M to $2M. Reported net income was -$897K.
How have Blue Wave Ultrasonics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Blue Wave Ultrasonics, Inc.'s sponsor-wide assets declined 25.0%, from $2M to $2M.
Which 401(k) plans are similar in size to Blue Wave Ultrasonics, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Michael J. Chandler M.D. PLLC Pension Plan in NY ($2M, 3 participants).
Which 401(k) plans cover a similar participant headcount to Blue Wave Ultrasonics, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Layne Pumps, Inc. 401(k) Profit Sharing Plan in ID (14 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 421437584.

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.