401(k) · DOL Form 5500 · 2024

Takeoff Technologies, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
95
Participants Small participant base
26th
Percentile by assets National rank
$15,120
Avg per participant Low balance/head
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Official DOL plan name: Takeoff Technologies, Inc. 401(k) Plan · Sponsored by Takeoff Technologies, Inc. · Massachusetts · Retail Trade

$1M in assets, 95 participants

Takeoff Technologies, Inc.'s Takeoff Technologies, Inc. 401(k) Plan reported $1M in total assets and 95 participants in its 2024 DOL Form 5500 filing, ranking in the 26th 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.

  • #3,127 in Retail Trade (8,048 peers)

Takeoff Technologies, Inc. multi-year trail

Takeoff Technologies, Inc.'s plans moved -82.0% in assets from 2022 to 2024; this filing shows Takeoff Technologies, Inc. 401(k) Plan at $1M / 95 participants.

#3,127
in Retail Trade (8,048 peers)
-85.4%
assets change YoY

The plan reported a net loss of $8M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Takeoff Technologies, Inc. 401(k) Plan among the smaller filed plans by assets

Takeoff Technologies, Inc. 401(k) Plan vs every filed plan by assets

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

$1,436,403 26th percentile higher than 26% 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

Takeoff Technologies, Inc. 401(k) 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. Takeoff Technologies, Inc. 401(k) 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

  • Takeoff Technologies, Inc. 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to -$8M in the plan year 2024 filing.
  • Takeoff Technologies, Inc. 401(k) Plan end-of-year assets fell from $10M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Takeoff Technologies, Inc. 401(k) Plan reported participants fell from 116 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 813190552 · Takeoff Technologies, Inc. PY 2024 · 401(k)

Takeoff Technologies, Inc. 401(k) Plan · $1M · 95 · 26th

  • VS-ST $1M
  • BOY 95
  • SCH 26th
  • EBSA 401(k)
  • PART near Don Morin, Inc. 401(k) Profit Sharing Plan and Trust
  • TYPE ind #3127

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 Retail Trade retirement plans → · Plans in Massachusetts →

Takeoff Technologies, Inc. 401(k) Plan in the asset neighbourhood

Takeoff Technologies, Inc. 401(k) PlanTakeoff Technologies, Inc. 4…$1MDon Morin, Inc. 401(k) Profit Sharing Plan and TrustDon Morin, Inc. 401(k) Profi…$1MKirby Oldsmobile 401(k) Profit Sharing Plan & TrustKirby Oldsmobile 401(k) Prof…$1MParkwood Management, Inc. 401(k) PlanParkwood Management, Inc. 40…$1MCortina Solutions, LLC 401(k) PlanCortina Solutions, LLC 401(k…$1M
End-of-year total assets ($M) among Takeoff Technologies, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Takeoff Technologies, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Takeoff Technologies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1M 82.00114654111101% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $7.98M $1.44M ▼ -82.0%
Year Plans Participants Total Assets
2022 1 130 $8M
2023 1 116 $10M
2024 1 95 $1M

Takeoff Technologies, Inc. filing trail (2024)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$1M
Net Income-$8M
Employer EIN813190552
Plan Effective Date2018-08-26
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Massachusetts

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

Takeoff Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Takeoff Technologies, Inc. 401(k) Plan, Total assets ($B): 0.001436403 · Participants: 95Takeoff Technologies, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Takeoff Technologies, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Takeoff Technologies, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Don Morin, Inc. 401(k) Profit Sharing Plan and Trust in WA ($1M); by covered participants it is Disys Solutions, Inc. 401(k) Plan in VA (95 participants). Same-state nearby plans are listed separately above.

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 Takeoff Technologies, Inc. 401(k) Plan assets move in 2024?
Takeoff Technologies, Inc. 401(k) Plan contracted severely - down 85.4% during 2024, from $10M to $1M. Reported net income was -$8M.
How have Takeoff Technologies, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Takeoff Technologies, Inc.'s sponsor-wide assets declined 82.0%, from $8M to $1M.
Which 401(k) plans are similar in size to Takeoff Technologies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Don Morin, Inc. 401(k) Profit Sharing Plan and Trust in WA ($1M, N/A participants).
Which 401(k) plans cover a similar participant headcount to Takeoff Technologies, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Disys Solutions, Inc. 401(k) Plan in VA (95 participants, $14M in assets).