401(k) · DOL Form 5500 · 2024

Iridium Satellite, LLC 401(k) Plan

Data updated 2026-07-24

$174M
Total assets
842
Participants
94th
Percentile by assets
$206,065
Avg per participant
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Official DOL plan name: Iridium Satellite 401(k) Plan · Sponsored by Iridium Satellite, LLC · Arizona · Information & Media

$174M in assets, 842 participants

Iridium Satellite, LLC's Iridium Satellite 401(k) Plan reported $174M in total assets and 842 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 116,472 plans)

Where Iridium Satellite 401(k) Plan sits by assets

Iridium Satellite 401(k) Plan sits in the top 10% of all filed plans by assets, $174M for 842 participants (~$206,065/participant), up 29.5% in 2024.

$174M
total plan assets (2024 EOY)
842
covered participants
94th
percentile by assets (of 116,472 plans)
$206,065
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Iridium Satellite 401(k) Plan reported net income rose from $27M in the plan year 2023 filing to $40M in the plan year 2024 filing.
  • Iridium Satellite 401(k) Plan end-of-year assets rose from $134M in the plan year 2023 filing to $174M in the plan year 2024 filing.
  • Iridium Satellite 401(k) Plan reported participants rose from 730 in the plan year 2023 filing to 842 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Iridium Satellite 401(k) Plan vs the 2024 asset distribution

By assets, Iridium Satellite 401(k) Plan outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$134M
Net Assets (End of Year)$174M
Net Income$40M
Employer EIN542000237
Plan Effective Date2001-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Iridium Satellite, LLC)

$100M$150M$200M 202220232024 $107M $174M ▲ +62.6%
Total plan assets by year, all Iridium Satellite, LLC plans on file
Year Plans Participants Total Assets
2022 1 586 $107M
2023 1 730 $134M
2024 1 842 $174M

Nearby 401(k) Plans in Arizona

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

Iridium Satellite 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Iridium Satellite 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Iridium Satellite 40…Bechtel Trust & Thri…Banner Health Employ…Freeport-Mcmoran Inc…Republic Services, I…Stantec 401(k) Plan
Iridium Satellite 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Iridium Satellite 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Iridium Satellite 401(k) Plan assets move in 2024?
Iridium Satellite 401(k) Plan grew sharply - up 29.5% during 2024, from $134M to $174M. Reported net income was $40M.
How have Iridium Satellite, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Iridium Satellite, LLC's sponsor-wide assets grew 62.6%, from $107M to $174M.
Where does Iridium Satellite 401(k) Plan rank by assets among Form 5500 filers?
Iridium Satellite 401(k) Plan ranks in the 94th percentile by end-of-year assets among 116,472 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 Iridium Satellite 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Swissport North America Holdings, Inc. 401(k) Savings and Retirement Plan in NC ($174M, 4,174 participants).

Scale reading

Ways to act on Iridium Satellite 401(k) Plan's numbers.

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 542000237.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.