401(k) · DOL Form 5500 · 2024
Bandwidth Inc. 401(k) Plan
Data updated 2026-08-11
- $108M
- Total assets
- 894
- Participants
- 91st
- Percentile by assets
- $120,694
- Avg per participant
Official DOL plan name: Bandwidth Inc. 401(k) Profit Sharing and Trust · Sponsored by Bandwidth Inc. · North Carolina · Information & Media
$108M in assets, 894 participants
Bandwidth Inc.'s Bandwidth Inc. 401(k) Profit Sharing and Trust reported $108M in total assets and 894 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 123,622 plans)
- #2,455 in Information & Media (2,822 peers)
Where Bandwidth Inc. 401(k) Profit Sharing and Trust sits by assets
Bandwidth Inc. 401(k) Profit Sharing and Trust sits in the top 10% of all filed plans by assets, $108M for 894 participants (~$120,694/participant), up 20.7% in 2024.
- $108M
- total plan assets (2024 EOY)
- 894
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $120,694
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bandwidth Inc. 401(k) Profit Sharing and Trust reported net income fell from $24M in the plan year 2023 filing to $18M in the plan year 2024 filing.
- Bandwidth Inc. 401(k) Profit Sharing and Trust end-of-year assets rose from $89M in the plan year 2023 filing to $108M in the plan year 2024 filing.
- Bandwidth Inc. 401(k) Profit Sharing and Trust reported participants rose from 879 in the plan year 2023 filing to 894 in the plan year 2024 filing.
Bandwidth Inc. 401(k) Profit Sharing and Trust vs the 2024 asset distribution
By assets, Bandwidth Inc. 401(k) Profit Sharing and Trust outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $89M |
|---|---|
| Net Assets (End of Year) | $108M |
| Net Income | $18M |
| Employer EIN | 562242657 |
| Plan Effective Date | 2003-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bandwidth Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 839 | $65M |
| 2023 | 1 | 879 | $89M |
| 2024 | 1 | 894 | $108M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Bandwidth Inc. 401(k) Profit Sharing and Trust vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Bandwidth Inc. 401(k) Profit Sharing and Trust by total assets, not by location.
Frequently Asked Questions
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Ways to act on Bandwidth Inc. 401(k) Profit Sharing and Trust's numbers.
- By total assets, Bandwidth Inc. 401(k) Profit Sharing and Trust ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Bandwidth Inc.'s sponsor-wide assets have grown 66.1% since 2022 across 3 plan years on file. More Information & Media plans