401(k) · DOL Form 5500 · 2024

Globalstar Inc 401(k) Plan

Data updated 2026-08-25

$53M
Total assets Below avg plan size
262
Participants Below avg headcount
85th
Percentile by assets National rank
$203,547
Avg per participant Above avg balance/head
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Official DOL plan name: The Savings Plan of Globalstar, Inc · Sponsored by Globalstar Inc · Louisiana · Information & Media

$53M in assets, 262 participants

Globalstar Inc's The Savings Plan of Globalstar, Inc reported $53M in total assets and 262 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #2,245 in Information & Media (2,822 peers)

Where The Savings Plan of Globalstar, Inc sits by assets

The Savings Plan of Globalstar, Inc sits in the top quartile of all filed plans by assets, $53M for 262 participants (~$203,547/participant), up 14.6% in 2024.

#2,245
in Information & Media (2,822 peers)
+14.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

The Savings Plan of Globalstar, Inc's outsized position by total assets

The Savings Plan of Globalstar, Inc vs every filed plan by assets

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

$53,329,290 Top 15% higher than 85% 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

The Savings Plan of Globalstar, Inc 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. The Savings Plan of Globalstar, Inc sits mid-pack in the medium band (262 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Savings Plan of Globalstar, Inc end-of-year assets rose from $47M in the plan year 2023 filing to $53M in the plan year 2024 filing.
  • The Savings Plan of Globalstar, Inc reported participants rose from 245 in the plan year 2023 filing to 262 in the plan year 2024 filing.
  • The Savings Plan of Globalstar, Inc reported net income fell from $7M in the plan year 2023 filing to $7M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 412116508 · Globalstar Inc PY 2024 · 401(k)

The Savings Plan of Globalstar, Inc · $53M · 262 · 85th

  • EIN $53M
  • RANK 262
  • PHOTO 85th
  • IND 401(k)
  • EOY near Dev Technology Group - 401(k) P/S Plan
  • 5500 ind #2245

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 Information & Media retirement plans → · Plans in Louisiana →

The Savings Plan of Globalstar, Inc in the asset neighbourhood

Planet Equity Group, LLC 401(k) PlanPlanet Equity Group, LLC 401…$53MThe Salary Thrift Savings Plan for Employees of Lapham-Hickey Steel CorpThe Salary Thrift Savings Pl…$53MThe Savings Plan of Globalstar, IncThe Savings Plan of Globalst…$53MDev Technology Group - 401(k) P/S PlanDev Technology Group - 401(k…$53MEastern Washington-Northern Idaho Carpenters 401(k) Retirement PlanEastern Washington-Northern …$53M
End-of-year total assets ($M) among The Savings Plan of Globalstar, Inc and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$53M
Net Income$7M
Employer EIN412116508
Plan Effective Date2001-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Globalstar Inc)

Sponsor-wide plan assets over time

All Globalstar Inc plans reported in each filing year

Latest sponsor-wide plan assets
$53M 34.96972403777998% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.5M $53.3M ▲ +35.0%
Year Plans Participants Total Assets
2022 2 270 $40M
2023 1 245 $47M
2024 1 262 $53M

Nearby 401(k) Plans in Louisiana

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

The Savings Plan of Globalstar, Inc vs. nearby 401(k) plans in Louisiana, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants The Savings Plan of Globalstar, Inc, Total assets ($B): 0.05332929 · Participants: 262The Savings Plan of Globalstar, IncLumen 401(k) Savings Plan, Total assets ($B): 7.295025591 · Participants: 26319Lumen 401(k) Savings PlanSavings Plan of Entergy Corporation and Subsidiaries, Total assets ($B): 4.363805537 · Participants: 9655Savings Plan of Entergy Corporation and SubsidiariesOchsner Clinic Foundation 401(k) Plan, Total assets ($B): 2.6891375 · Participants: 32229Ochsner Clinic Foundation 401(k) PlanLouisiana Children's Medical Center Retirement and Savings Plan, Total assets ($B): 1.01914034 · Participants: 13357Louisiana Children's Medical Center Retirement and Savings PlanAmedisys Holding, LLC 401(k) Plan, Total assets ($B): 0.954895996 · Participants: 18862Amedisys Holding, LLC 401(k) Plan
The Savings Plan of Globalstar, Inc vs. nearby 401(k) plans in Louisiana, assets vs. participants
Compare The Savings Plan of Globalstar, Inc side-by-side with 3 peers →

The Savings Plan of Globalstar, Inc's out-of-state 401(k) peers by assets and headcount

Outside Louisiana, the nearest 401(k) by assets is Dev Technology Group - 401(k) P/S Plan in VA ($53M); by covered participants it is Chesapeake Containment Systems 401(k) Plan in NC (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 The Savings Plan of Globalstar, Inc assets move in 2024? ▼
The Savings Plan of Globalstar, Inc grew at a solid clip - up 14.6% during 2024, from $47M to $53M. Reported net income was $7M.
How have Globalstar Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Globalstar Inc's sponsor-wide assets grew 35.0%, from $40M to $53M.
Where does The Savings Plan of Globalstar, Inc rank by assets among Form 5500 filers? ▼
The Savings Plan of Globalstar, Inc ranks in the 85th 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 The Savings Plan of Globalstar, Inc? ▼
Among 401(k) plans in other states, the closest by assets is Dev Technology Group - 401(k) P/S Plan in VA ($53M, 274 participants).
Which 401(k) plans cover a similar participant headcount to The Savings Plan of Globalstar, Inc? ▼
Among 401(k) plans in other states, the closest by covered participants is Chesapeake Containment Systems 401(k) Plan in NC (262 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 412116508.

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.