401(k) · DOL Form 5500 · 2024

Waytek, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
95
Participants Small participant base
70th
Percentile by assets National rank
$205,408
Avg per participant Above avg balance/head
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Official DOL plan name: Waytek, Inc. Employee Savings and Profit Sharing Plan · Sponsored by Waytek, Inc. · Minnesota · Wholesale Trade

$20M in assets, 95 participants

Waytek, Inc.'s Waytek, Inc. Employee Savings and Profit Sharing Plan reported $20M in total assets and 95 participants in its 2024 DOL Form 5500 filing, ranking in the 70th 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.

  • #3,986 in Wholesale Trade (6,080 peers)

Waytek, Inc. multi-year trail

Waytek, Inc.'s plans moved +40.1% in assets from 2022 to 2024; this filing shows Waytek, Inc. Employee Savings and Profit Sharing Plan at $20M / 95 participants.

#3,986
in Wholesale Trade (6,080 peers)
+20.0%
assets growth YoY

Waytek, Inc. Employee Savings and Profit Sharing Plan's outsized position by total assets

Waytek, Inc. Employee Savings and Profit Sharing Plan vs every filed plan by assets

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

$19,513,730 Top 30% higher than 70% 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

Waytek, Inc. Employee Savings and Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Waytek, Inc. Employee Savings and Profit Sharing Plan is a small filing (95 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Waytek, Inc. Employee Savings and Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Waytek, Inc. Employee Savings and Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Waytek, Inc. Employee Savings and Profit Sharing Plan reported participants fell from 96 in the plan year 2023 filing to 95 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 410991786 · Waytek, Inc. PY 2024 · 401(k)

Waytek, Inc. Employee Savings and Profit Sharing Plan · $20M · 95 · 70th

  • TYPE $20M
  • NET 95
  • BOOK 70th
  • VS-ST 401(k)
  • BOY near National Arbor Day Foundation 401(k) Plan and Trust
  • SCH ind #3986

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Waytek, Inc. Employee Savings and Profit Sharing Plan in the asset neighbourhood

Avania 401(k) Retirement Plan$20MWaytek, Inc. Employee Savings and Profit Sharing PlanWaytek, Inc. Employee Saving…$20MNational Arbor Day Foundation 401(k) Plan and TrustNational Arbor Day Foundatio…$20MWarco Retirement Plan$20MPittsford Federal Credit Union 401(k) PlanPittsford Federal Credit Uni…$20M
End-of-year total assets ($M) among Waytek, Inc. Employee Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Waytek, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Waytek, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 40.06113134986016% vs 2022
2024 filing year
$12M$14M$16M$18M$20M$22M 202220232024 $13.9M $19.5M ▲ +40.1%
Year Plans Participants Total Assets
2022 1 90 $14M
2023 1 96 $16M
2024 1 95 $20M

Waytek, Inc. filing trail (2024)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN410991786
Plan Effective Date1985-03-25
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Waytek, Inc. Employee Savings and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Waytek, Inc. Employee Savings and Profit Sharing Plan, Total assets ($B): 0.01951373 · Participants: 95Waytek, Inc. Employee Savings and Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Waytek, Inc. Employee Savings and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Waytek, Inc. Employee Savings and Profit Sharing Plan side-by-side with 3 peers →

Waytek, Inc. Employee Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is National Arbor Day Foundation 401(k) Plan and Trust in NE ($20M); by covered participants it is Galatea Associates 401(k) Plan in MA (95 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($20M here).

Similar participant headcount

Nearest other-state filings by covered participants (95 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 Waytek, Inc. Employee Savings and Profit Sharing Plan assets move in 2024? ▼
Waytek, Inc. Employee Savings and Profit Sharing Plan grew sharply - up 20.0% during 2024, from $16M to $20M. Reported net income was $3M.
How have Waytek, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Waytek, Inc.'s sponsor-wide assets grew 40.1%, from $14M to $20M.
Which 401(k) plans are similar in size to Waytek, Inc. Employee Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is National Arbor Day Foundation 401(k) Plan and Trust in NE ($20M, 457 participants).
Which 401(k) plans cover a similar participant headcount to Waytek, Inc. Employee Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Galatea Associates 401(k) Plan in MA (95 participants, $23M 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 410991786.

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.