401(k) · DOL Form 5500 · 2024

Basware Inc 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
86
Participants Small participant base
66th
Percentile by assets National rank
$185,218
Avg per participant Above avg balance/head
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Official DOL plan name: Basware Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Basware Inc · South Carolina · Information & Media

$16M in assets, 86 participants

Basware Inc's Basware Inc 401(k) Profit Sharing Plan & Trust reported $16M in total assets and 86 participants in its 2024 DOL Form 5500 filing, ranking in the 66th 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.

  • #1,544 in Information & Media (2,822 peers)

Basware Inc multi-year trail

Basware Inc's plans moved +33.9% in assets from 2022 to 2024; this filing shows Basware Inc 401(k) Profit Sharing Plan & Trust at $16M / 86 participants.

#1,544
in Information & Media (2,822 peers)
+20.3%
assets growth YoY

Basware Inc 401(k) Profit Sharing Plan & Trust's mid-pack asset rank among Information & Media and all filers

Basware Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

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

$15,928,753 Top 34% higher than 66% 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

Basware Inc 401(k) Profit Sharing Plan & Trust among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Basware Inc 401(k) Profit Sharing Plan & Trust is a small filing (86 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Basware Inc 401(k) Profit Sharing Plan & Trust reported net income rose from $1M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Basware Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $13M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Basware Inc 401(k) Profit Sharing Plan & Trust reported participants fell from 103 in the plan year 2023 filing to 86 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 980383758 · Basware Inc PY 2024 · 401(k)

Basware Inc 401(k) Profit Sharing Plan & Trust · $16M · 86 · 66th

  • NET $16M
  • BOOK 86
  • VS-ST 66th
  • BOY 401(k)
  • SCH near Room to Read 401(k) Psp & Trust
  • EBSA ind #1544

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 South Carolina →

Basware Inc 401(k) Profit Sharing Plan & Trust in the asset neighbourhood

Basware Inc 401(k) Profit Sharing Plan & TrustBasware Inc 401(k) Profit Sh…$16MRoom to Read 401(k) Psp & TrustRoom to Read 401(k) Psp & Tr…$16MTurningpoint 401(k) Plan$16MStorage Solutions, Inc. 401(k) PlanStorage Solutions, Inc. 401(…$16MCr Legal Team, LLP 401(k) PlanCr Legal Team, LLP 401(k) Pl…$16M
End-of-year total assets ($M) among Basware Inc 401(k) Profit Sharing Plan & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Basware Inc multi-year asset trail

Sponsor-wide plan assets over time

All Basware Inc plans reported in each filing year

Latest sponsor-wide plan assets
$16M 33.93123921235203% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.9M $15.9M ▲ +34.0%
Year Plans Participants Total Assets
2022 1 94 $12M
2023 1 103 $13M
2024 1 86 $16M

Basware Inc filing trail (2024)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN980383758
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in South Carolina

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

Basware Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -1012345 Total assets ($B) Participants Basware Inc 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.015928753 · Participants: 86Basware Inc 401(k) Profit Sharing Plan & TrustMichelin 401(k) Savings Plan, Total assets ($B): 4.477517422 · Participants: 15095Michelin 401(k) Savings PlanThe Savannah River Nuclear Solutions, LLC Defined Contribution Plan, Total assets ($B): 2.829914985 · Participants: 9296The Savannah River Nuclear Solutions, LLC Defined Contribution PlanSonoco Retirement & Savings Plan, Total assets ($B): 1.663698617 · Participants: 11813Sonoco Retirement & Savings PlanBlue Cross Blue Shield of Sc Employee Savings and Salary Reduction Plan, Total assets ($B): 1.460862801 · Participants: 11878Blue Cross Blue Shield of Sc Employee Savings and Salary Reduction PlanThe Milliken Retirement Plan, Total assets ($B): 1.350798497 · Participants: 5733The Milliken Retirement Plan
Basware Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in South Carolina, assets vs. participants

Basware Inc 401(k) Profit Sharing Plan & Trust's out-of-state 401(k) peers by assets and headcount

Outside South Carolina, the nearest 401(k) by assets is Room to Read 401(k) Psp & Trust in CA ($16M); by covered participants it is Vaughn Electric Company,Inc. 401(k) Plan in TN (86 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (86 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 Basware Inc 401(k) Profit Sharing Plan & Trust assets move in 2024?
Basware Inc 401(k) Profit Sharing Plan & Trust grew sharply - up 20.3% during 2024, from $13M to $16M. Reported net income was $3M.
How have Basware Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Basware Inc's sponsor-wide assets grew 33.9%, from $12M to $16M.
Which 401(k) plans are similar in size to Basware Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by assets is Room to Read 401(k) Psp & Trust in CA ($16M, 82 participants).
Which 401(k) plans cover a similar participant headcount to Basware Inc 401(k) Profit Sharing Plan & Trust?
Among 401(k) plans in other states, the closest by covered participants is Vaughn Electric Company,Inc. 401(k) Plan in TN (86 participants, $6M in assets).