401(k) · DOL Form 5500 · 2024

Wade's Wave Inc 401(k) Plan

Data updated 2026-05-15

$651K
Total assets
19
Participants
20th
Percentile by assets
$34,256
Avg per participant

Sponsored by Wade's Wave Inc · Illinois · Food Services & Accommodation

What the 2024 filing shows

Wade's Wave Inc 401(k) Plan holds $651K for 19 participants - about $34,256 per participant, among the smaller plans by assets on file, down 38.8% over the 2024 plan year.

$651K
total plan assets (2024 EOY)
19
covered participants
20th
percentile by assets (of 116,472 plans)
$34,256
avg assets per participant

The plan reported a net loss of $412K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Food Services & Accommodation

401(k) · DOL Form 5500 · 2024

What the Filing Says About Wade's Wave Inc 401(k) Plan

Wade's Wave Inc 401(k) Plan is a 401(k) retirement plan sponsored by Wade's Wave Inc, headquartered in Illinois. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $651K in total end-of-year assets and covers 19 participants across the Food Services & Accommodation industry. The sponsor's EIN on file with the U.S. Department of Labor is 821263518, and the plan has been effective since 2017-04-14. Its filing status is currently FILING RECEIVED.

Year over year, total assets contracted severely from $1M at the beginning of 2024 to $651K at year-end - down 38.8%. Net assets (after liabilities) closed the year at $651K, with reported net income of -$412K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Wade's Wave Inc has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $353K to $651K, a gain of 84.3%, while reported participants moved from 17 to 19 (+11.8%). The strongest year on file by total sponsor assets was 2023 at $1M; the softest was 2022 at $353K. Year-by-year, sponsor-wide filings show: 2022 - $353K in assets across 1 plan covering 17 participants; 2023 - $1M in assets across 1 plan covering 21 participants; 2024 - $651K in assets across 1 plan covering 19 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Wade's Wave Inc 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$1M
Total Assets (End of Year)$651K
Net Assets (End of Year)$651K
Net Income-$412K
Plan Type401(k)
Employer EIN821263518
Plan Effective Date2017-04-14
Filing StatusFILING RECEIVED

Sponsor Plan History (Wade's Wave Inc)

Year Plans Participants Total Assets
2022 1 17 $353K
2023 1 21 $1M
2024 1 19 $651K

Nearby 401(k) Plans in Illinois

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

Frequently Asked Questions

How much money is in the Wade's Wave Inc 401(k) Plan?
As of the 2024 Form 5500 filing, Wade's Wave Inc 401(k) Plan holds $651K in total assets with 19 participants. It is sponsored by Wade's Wave Inc.
What type of plan is Wade's Wave Inc 401(k) Plan?
Wade's Wave Inc 401(k) Plan is a 401(k) plan. It has been effective since 2017-04-14. The plan is filed with the U.S. Department of Labor under EIN 821263518.
Who sponsors the Wade's Wave Inc 401(k) Plan?
Wade's Wave Inc 401(k) Plan is sponsored by Wade's Wave Inc, located in Illinois. The sponsor's EIN is 821263518 and the plan operates in the Food Services & Accommodation industry.
How did Wade's Wave Inc 401(k) Plan perform in 2024?
Wade's Wave Inc 401(k) Plan contracted severely - down 38.8% during 2024, moving from $1M to $651K in total assets. Net income was -$412K.

What this filing means

Ways to act on Wade's Wave Inc 401(k) Plan's numbers.

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 821263518.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.