401(k) · DOL Form 5500 · 2024

Globitech, Incorporated 401(k) Plan

Data updated 2026-08-25

$121M
Total assets Near avg plan size
619
Participants Below avg headcount
92nd
Percentile by assets National rank
$195,788
Avg per participant Above avg balance/head
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Official DOL plan name: Global Wafers US 401(k) Plan · Sponsored by Globitech, Incorporated · Texas · Manufacturing

$121M in assets, 619 participants

Globitech, Incorporated's Global Wafers US 401(k) Plan reported $121M in total assets and 619 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #15,582 in Manufacturing (17,777 peers)

Where Global Wafers US 401(k) Plan sits by assets

Global Wafers US 401(k) Plan sits in the top 10% of all filed plans by assets, $121M for 619 participants (~$195,788/participant), up 13.4% in 2024.

#15,582
in Manufacturing (17,777 peers)
+13.4%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Global Wafers US 401(k) Plan's outsized position by total assets

Global Wafers US 401(k) Plan vs every filed plan by assets

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

$121,192,473 Top 8% higher than 92% 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

Global Wafers US 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. Global Wafers US 401(k) Plan sits mid-pack in the medium band (619 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Global Wafers US 401(k) Plan reported net income rose from $11M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Global Wafers US 401(k) Plan end-of-year assets rose from $107M in the plan year 2023 filing to $121M in the plan year 2024 filing.
  • Global Wafers US 401(k) Plan reported participants rose from 574 in the plan year 2023 filing to 619 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 752793645 · Globitech, Incorporated PY 2024 · 401(k)

Global Wafers US 401(k) Plan · $121M · 619 · 92nd

  • PHOTO $121M
  • PHOTO 619
  • PHOTO 92nd
  • PHOTO 401(k)
  • PHOTO near Cable Television Laboratories, Inc. Profit Sharing Plan
  • PHOTO ind #15582

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 Manufacturing retirement plans → · Plans in Texas →

Global Wafers US 401(k) Plan in the asset neighbourhood

Gordon Brothers Profit-Sharing PlanGordon Brothers Profit-Shari…$121MUniversal Leaf Tobacco Company, Inc. 401(k) Savings PlanUniversal Leaf Tobacco Compa…$121MCable Television Laboratories, Inc. Profit Sharing PlanCable Television Laboratorie…$121MGlobal Wafers US 401(k) Plan$121MHealthedge Software 401(k) PlanHealthedge Software 401(k) P…$121M
End-of-year total assets ($M) among Global Wafers US 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$107M
Net Assets (End of Year)$121M
Net Income$14M
Employer EIN752793645
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Globitech, Incorporated)

Sponsor-wide plan assets over time

All Globitech, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$121M 29.462794525853447% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $93.6M $121M ▲ +29.5%
Year Plans Participants Total Assets
2022 1 570 $94M
2023 1 574 $107M
2024 1 619 $121M

Nearby 401(k) Plans in Texas

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

Global Wafers US 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Global Wafers US 401(k) Plan, Total assets ($B): 0.121192473 · Participants: 619Global Wafers US 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Global Wafers US 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Global Wafers US 401(k) Plan side-by-side with 3 peers →

Global Wafers US 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Cable Television Laboratories, Inc. Profit Sharing Plan in CO ($121M); by covered participants it is Intellia Tx, Inc. 401(k) Plan in MA (619 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (619 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 Global Wafers US 401(k) Plan assets move in 2024? ▼
Global Wafers US 401(k) Plan grew at a solid clip - up 13.4% during 2024, from $107M to $121M. Reported net income was $14M.
How have Globitech, Incorporated plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Globitech, Incorporated's sponsor-wide assets grew 29.5%, from $94M to $121M.
Where does Global Wafers US 401(k) Plan rank by assets among Form 5500 filers? ▼
Global Wafers US 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Global Wafers US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cable Television Laboratories, Inc. Profit Sharing Plan in CO ($121M, 218 participants).
Which 401(k) plans cover a similar participant headcount to Global Wafers US 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Intellia Tx, Inc. 401(k) Plan in MA (619 participants, $67M 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 752793645.

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.