401(k) · DOL Form 5500 · 2024

Convergence Networks, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
134
Participants Small participant base
52nd
Percentile by assets National rank
$62,970
Avg per participant Low balance/head
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Official DOL plan name: Convergence Networks, Inc. 401(k) Plan · Sponsored by Convergence Networks, Inc. · Oregon · Professional & Technical Services

$8M in assets, 134 participants

Convergence Networks, Inc.'s Convergence Networks, Inc. 401(k) Plan reported $8M in total assets and 134 participants in its 2024 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.

  • #10,150 in Professional & Technical Services (20,173 peers)

Coverage in Oregon

Convergence Networks, Inc. 401(k) Plan covers 134 participants in Oregon, about 30% of the average Oregon filer (state average ~443 per filing). Assets: $8M.

#10,150
in Professional & Technical Services (20,173 peers)
+15.3%
assets growth YoY

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

Convergence Networks, Inc. 401(k) Plan vs every filed plan by assets

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

$8,437,999 Top 48% higher than 52% 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

Convergence Networks, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Convergence Networks, Inc. 401(k) Plan sits mid-pack in the medium band (134 participants).

EBSA filing schedule strip

Filing strip 931304921 · Convergence Networks, Inc. PY 2024 · 401(k)

Convergence Networks, Inc. 401(k) Plan · $8M · 134 · 52nd

  • PART $8M
  • TYPE 134
  • NET 52nd
  • BOOK 401(k)
  • VS-ST near Merrick Hardwoods Employee Retirement Plan
  • BOY ind #10150

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 Oregon →

Convergence Networks, Inc. 401(k) Plan in the asset neighbourhood

Convergence Networks, Inc. 401(k) PlanConvergence Networks, Inc. 4…$8MMerrick Hardwoods Employee Retirement PlanMerrick Hardwoods Employee R…$8MHowe, Inc. 401(k) Plan$8MBridgepoint Healthcare 401(k) PlanBridgepoint Healthcare 401(k…$8MCapital Square 401(k) Plan$8M
End-of-year total assets ($M) among Convergence Networks, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Oregon filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$1M
Employer EIN931304921
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Oregon

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

Convergence Networks, Inc. 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Convergence Networks, Inc. 401(k) Plan, Total assets ($B): 0.008437999 · Participants: 134Convergence Networks, Inc. 401(k) Plan401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc., Total assets ($B): 5.896318452 · Participants: 37293401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc.Daimler Truck North America, L.L.C. Employee Retirement Savings Plan, Total assets ($B): 2.72094907 · Participants: 8431Daimler Truck North America, L.L.C. Employee Retirement Savings PlanPrecision Castparts Corp. 401(k) Retirement Savings Plan, Total assets ($B): 2.483708639 · Participants: 17047Precision Castparts Corp. 401(k) Retirement Savings PlanXpo Logistics Retirement Savings Plan, Total assets ($B): 1.888295912 · Participants: 5689Xpo Logistics Retirement Savings PlanPacificorp K Plus Employee Savings Plan, Total assets ($B): 1.771250677 · Participants: 5201Pacificorp K Plus Employee Savings Plan
Convergence Networks, Inc. 401(k) Plan vs. nearby 401(k) plans in Oregon, assets vs. participants
Compare Convergence Networks, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Oregon, the nearest 401(k) by assets is Merrick Hardwoods Employee Retirement Plan in KY ($8M); by covered participants it is Whalar 401(k) Plan in NY (134 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (134 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 Convergence Networks, Inc. 401(k) Plan assets move in 2024? ▼
Convergence Networks, Inc. 401(k) Plan grew sharply - up 15.3% during 2024, from $7M to $8M. Reported net income was $1M.
Which 401(k) plans are similar in size to Convergence Networks, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Merrick Hardwoods Employee Retirement Plan in KY ($8M, 233 participants).
Which 401(k) plans cover a similar participant headcount to Convergence Networks, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Whalar 401(k) Plan in NY (134 participants, $6M 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 931304921.

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.