401(k) · DOL Form 5500 · 2024

Telit Iot Solutions, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
160
Participants Small participant base
74th
Percentile by assets National rank
$156,716
Avg per participant Above avg balance/head
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Official DOL plan name: Telit North America 401(k) Plan · Sponsored by Telit Iot Solutions, Inc. · North Carolina · Information & Media

$25M in assets, 160 participants

Telit Iot Solutions, Inc.'s Telit North America 401(k) Plan reported $25M in total assets and 160 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • #1,845 in Information & Media (2,822 peers)

Coverage in North Carolina

Telit North America 401(k) Plan covers 160 participants in North Carolina, about 20% of the average North Carolina filer (state average ~819 per filing). Assets: $25M.

#1,845
in Information & Media (2,822 peers)
+19.2%
assets growth YoY

Telit North America 401(k) Plan's outsized position by total assets

Telit North America 401(k) Plan vs every filed plan by assets

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

$25,074,606 Top 26% higher than 74% 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

Telit North America 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. Telit North America 401(k) Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Telit North America 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Telit North America 401(k) Plan reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 372000778 · Telit Iot Solutions, Inc. PY 2024 · 401(k)

Telit North America 401(k) Plan · $25M · 160 · 74th

  • NET $25M
  • BOOK 160
  • VS-ST 74th
  • BOY 401(k)
  • SCH near Washington Financial Bank 401(k) Plan
  • EBSA ind #1845

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 Information & Media retirement plans → · Plans in North Carolina →

Telit North America 401(k) Plan in the asset neighbourhood

Telit North America 401(k) PlanTelit North America 401(k) P…$25MWashington Financial Bank 401(k) PlanWashington Financial Bank 40…$25MHelena Laboratories Corporation 401(k) Profit Sharing PlanHelena Laboratories Corporat…$25MSpyglass Corporate Services Group 401(k) PlanSpyglass Corporate Services …$25MNofziger Companies 401(k) Retirement Savings PlanNofziger Companies 401(k) Re…$25M
End-of-year total assets ($M) among Telit North America 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$25M
Net Income$4M
Employer EIN372000778
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Telit Iot Solutions, Inc.)

Sponsor-wide plan assets over time

All Telit Iot Solutions, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 48.827535170739765% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $16.9M $25.1M ▲ +48.8%
Year Plans Participants Total Assets
2022 1 157 $17M
2023 1 159 $21M
2024 1 160 $25M

Nearby 401(k) Plans in North Carolina

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

Telit North America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Telit North America 401(k) Plan, Total assets ($B): 0.025074606 · Participants: 160Telit North America 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Telit North America 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Telit North America 401(k) Plan side-by-side with 3 peers →

Telit North America 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Washington Financial Bank 401(k) Plan in PA ($25M); by covered participants it is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Telit North America 401(k) Plan assets move in 2024? ▼
Telit North America 401(k) Plan grew sharply - up 19.2% during 2024, from $21M to $25M. Reported net income was $4M.
How have Telit Iot Solutions, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Telit Iot Solutions, Inc.'s sponsor-wide assets grew 48.8%, from $17M to $25M.
Which 401(k) plans are similar in size to Telit North America 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Washington Financial Bank 401(k) Plan in PA ($25M, 161 participants).
Which 401(k) plans cover a similar participant headcount to Telit North America 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants, N/A 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 372000778.

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.