401(k) · DOL Form 5500 · 2024

Fibertek, Inc. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
197
Participants Below avg headcount
86th
Percentile by assets National rank
$302,366
Avg per participant High balance/head
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Official DOL plan name: Fibertek, Inc. 401(k) Plan · Sponsored by Fibertek, Inc. · Virginia · Professional & Technical Services

$60M in assets, 197 participants

Fibertek, Inc.'s Fibertek, Inc. 401(k) Plan reported $60M in total assets and 197 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,529 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Fibertek, Inc. 401(k) Plan covers 197 participants in Virginia, about 25% of the average Virginia filer (state average ~782 per filing). Assets: $60M.

#17,529
in Professional & Technical Services (20,173 peers)
+14.7%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Fibertek, Inc. 401(k) Plan's outsized position by total assets

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

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

$59,566,051 Top 14% higher than 86% 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

Fibertek, 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. Fibertek, Inc. 401(k) Plan sits mid-pack in the medium band (197 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Fibertek, Inc. 401(k) Plan reported net income fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Fibertek, Inc. 401(k) Plan end-of-year assets rose from $52M in the plan year 2023 filing to $60M in the plan year 2024 filing.
  • Fibertek, Inc. 401(k) Plan reported participants rose from 193 in the plan year 2023 filing to 197 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 541255705 · Fibertek, Inc. PY 2024 · 401(k)

Fibertek, Inc. 401(k) Plan · $60M · 197 · 86th

  • TYPE $60M
  • NET 197
  • BOOK 86th
  • VS-ST 401(k)
  • BOY near Crystal Dynamics, Inc. 401(k) Plan
  • SCH ind #17529

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 →

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

Tracelink 401(k) Plan$60MFibertek, Inc. 401(k) Plan$60MCrystal Dynamics, Inc. 401(k) PlanCrystal Dynamics, Inc. 401(k…$60MState Volunteer Mutual Insurance Company Thrift PlanState Volunteer Mutual Insur…$60MDes Architects + Engineers 401(k) Profit Sharing PlanDes Architects + Engineers 4…$60M
End-of-year total assets ($M) among Fibertek, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$60M
Net Income$8M
Employer EIN541255705
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Fibertek, Inc.)

Sponsor-wide plan assets over time

All Fibertek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$60M 39.171380766249406% vs 2022
2024 filing year
$40M$50M$60M$70M 202220232024 $42.8M $59.6M ▲ +39.2%
Year Plans Participants Total Assets
2022 1 177 $43M
2023 1 193 $52M
2024 1 197 $60M

Nearby 401(k) Plans in Virginia

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

Fibertek, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Fibertek, Inc. 401(k) Plan, Total assets ($B): 0.059566051 · Participants: 197Fibertek, Inc. 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Fibertek, Inc. 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Crystal Dynamics, Inc. 401(k) Plan in CA ($60M); by covered participants it is Applied Mechanical Systems, Inc. 401(k) Profit Sharing Plan in OH (197 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (197 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 Fibertek, Inc. 401(k) Plan assets move in 2024?
Fibertek, Inc. 401(k) Plan grew at a solid clip - up 14.7% during 2024, from $52M to $60M. Reported net income was $8M.
How have Fibertek, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Fibertek, Inc.'s sponsor-wide assets grew 39.2%, from $43M to $60M.
Where does Fibertek, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Fibertek, Inc. 401(k) Plan ranks in the 86th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Fibertek, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Crystal Dynamics, Inc. 401(k) Plan in CA ($60M, 298 participants).
Which 401(k) plans cover a similar participant headcount to Fibertek, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Applied Mechanical Systems, Inc. 401(k) Profit Sharing Plan in OH (197 participants, $17M in assets).