401(k) · DOL Form 5500 · 2024

Optical Cable Corporation 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
314
Participants Below avg headcount
70th
Percentile by assets National rank
$64,480
Avg per participant Low balance/head
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Official DOL plan name: Optical Cable Corporation Employees' 401(k) Plan · Sponsored by Optical Cable Corporation · Virginia · Manufacturing

$20M in assets, 314 participants

Optical Cable Corporation's Optical Cable Corporation Employees' 401(k) Plan reported $20M in total assets and 314 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.

  • #10,681 in Manufacturing (17,777 peers)

Coverage in Virginia

Optical Cable Corporation Employees' 401(k) Plan covers 314 participants in Virginia, about 40% of the average Virginia filer (state average ~782 per filing). Assets: $20M.

#10,681
in Manufacturing (17,777 peers)
+8.5%
assets growth YoY

Optical Cable Corporation Employees' 401(k) Plan's outsized position by total assets

Optical Cable Corporation Employees' 401(k) Plan vs every filed plan by assets

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

$20,246,728 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

Optical Cable Corporation Employees' 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. Optical Cable Corporation Employees' 401(k) Plan sits mid-pack in the medium band (314 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Optical Cable Corporation Employees' 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Optical Cable Corporation Employees' 401(k) Plan end-of-year assets rose from $19M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Optical Cable Corporation Employees' 401(k) Plan reported participants fell from 323 in the plan year 2023 filing to 314 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 541237042 · Optical Cable Corporation PY 2024 · 401(k)

Optical Cable Corporation Employees' 401(k) Plan · $20M · 314 · 70th

  • SCH $20M
  • SCH 314
  • SCH 70th
  • SCH 401(k)
  • SCH near Coreweave 401(k) Plan
  • SCH ind #10681

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 Virginia →

Optical Cable Corporation Employees' 401(k) Plan in the asset neighbourhood

Optical Cable Corporation Employees' 401(k) PlanOptical Cable Corporation Em…$20MCoreweave 401(k) Plan$20MAtlas Distributing 401(k) PlanAtlas Distributing 401(k) Pl…$20MThe Cutter Team 401(k) Retirement Savings Plan (003)The Cutter Team 401(k) Retir…$20MBeta Technologies 401(k) Plan$20M
End-of-year total assets ($M) among Optical Cable Corporation Employees' 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN541237042
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Optical Cable Corporation)

Sponsor-wide plan assets over time

All Optical Cable Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$20M 21.368512351646476% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $16.7M $20.3M ▲ +21.4%
Year Plans Participants Total Assets
2022 1 309 $17M
2023 1 323 $19M
2024 1 314 $20M

Nearby 401(k) Plans in Virginia

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

Optical Cable Corporation Employees' 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Optical Cable Corporation Employees' 401(k) Plan, Total assets ($B): 0.020246728 · Participants: 314Optical Cable Corporation Employees' 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Optical Cable Corporation Employees' 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Optical Cable Corporation Employees' 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Coreweave 401(k) Plan in NJ ($20M); by covered participants it is Data Center, Inc. Savings & Retirement Plan in KS (314 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 (314 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 Optical Cable Corporation Employees' 401(k) Plan assets move in 2024?
Optical Cable Corporation Employees' 401(k) Plan grew at a solid clip - up 8.5% during 2024, from $19M to $20M. Reported net income was $2M.
How have Optical Cable Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Optical Cable Corporation's sponsor-wide assets grew 21.4%, from $17M to $20M.
Which 401(k) plans are similar in size to Optical Cable Corporation Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Coreweave 401(k) Plan in NJ ($20M, 243 participants).
Which 401(k) plans cover a similar participant headcount to Optical Cable Corporation Employees' 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Data Center, Inc. Savings & Retirement Plan in KS (314 participants, $64M in assets).