401(k) · DOL Form 5500 · 2024

Newwave Telecom & Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
153
Participants Small participant base
72nd
Percentile by assets National rank
$146,426
Avg per participant Above avg balance/head
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Official DOL plan name: Nwt 401(k) Profit Sharing Plan · Sponsored by Newwave Telecom & Technologies, Inc. · Maryland · Professional & Technical Services

$22M in assets, 153 participants

Newwave Telecom & Technologies, Inc.'s Nwt 401(k) Profit Sharing Plan reported $22M in total assets and 153 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #14,510 in Professional & Technical Services (20,173 peers)

Coverage in Maryland

Nwt 401(k) Profit Sharing Plan covers 153 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $22M.

#14,510
in Professional & Technical Services (20,173 peers)
+2.1%
assets growth YoY

Nwt 401(k) Profit Sharing Plan's outsized position by total assets

Nwt 401(k) Profit Sharing Plan vs every filed plan by assets

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

$22,403,218 Top 28% higher than 72% 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

Nwt 401(k) Profit Sharing 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. Nwt 401(k) Profit Sharing Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Nwt 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $452K in the plan year 2024 filing.
  • Nwt 401(k) Profit Sharing Plan reported participants fell from 241 in the plan year 2023 filing to 153 in the plan year 2024 filing.
  • Nwt 401(k) Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2023 filing to $22M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 201439479 · Newwave Telecom & Technologies, Inc. PY 2024 · 401(k)

Nwt 401(k) Profit Sharing Plan · $22M · 153 · 72nd

  • BOY $22M
  • BOY 153
  • BOY 72nd
  • BOY 401(k)
  • BOY near Cache Valley Bank Employee 401(k) Profit Sharing Plan
  • BOY ind #14510

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 →

Nwt 401(k) Profit Sharing Plan in the asset neighbourhood

Nwt 401(k) Profit Sharing PlanNwt 401(k) Profit Sharing Pl…$22MCache Valley Bank Employee 401(k) Profit Sharing PlanCache Valley Bank Employee 4…$22MRice Hall James 401(k) Profit Sharing PlanRice Hall James 401(k) Profi…$22MRanpak Corp. 401(k) Profit Sharing Plan and TrustRanpak Corp. 401(k) Profit S…$22MFar Niente Wine Estates 401(k) PlanFar Niente Wine Estates 401(…$22M
End-of-year total assets ($M) among Nwt 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$22M
Net Income$452K
Employer EIN201439479
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newwave Telecom & Technologies, Inc.)

Sponsor-wide plan assets over time

All Newwave Telecom & Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$22M 17.684499243224014% vs 2022
2024 filing year
$18M$20M$22M$24M 202220232024 $19M $22.4M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 295 $19M
2023 1 241 $22M
2024 1 153 $22M

Nearby 401(k) Plans in Maryland

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

Nwt 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Nwt 401(k) Profit Sharing Plan, Total assets ($B): 0.022403218 · Participants: 153Nwt 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Nwt 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Nwt 401(k) Profit Sharing Plan side-by-side with 3 peers →

Nwt 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Cache Valley Bank Employee 401(k) Profit Sharing Plan in UT ($22M); by covered participants it is American Guardian Warranty 401(k) Plan in IL (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Nwt 401(k) Profit Sharing Plan assets move in 2024? ▼
Nwt 401(k) Profit Sharing Plan edged up modestly - up 2.1% during 2024, from $22M to $22M. Reported net income was $452K.
How have Newwave Telecom & Technologies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newwave Telecom & Technologies, Inc.'s sponsor-wide assets grew 17.7%, from $19M to $22M.
Which 401(k) plans are similar in size to Nwt 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cache Valley Bank Employee 401(k) Profit Sharing Plan in UT ($22M, 322 participants).
Which 401(k) plans cover a similar participant headcount to Nwt 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Guardian Warranty 401(k) Plan in IL (153 participants, N/A 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 201439479.

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.