ESOP · DOL Form 5500 · 2024

Newwave Technologies Inc. ESOP

Data updated 2026-08-11

$12M
Total assets
36
Participants
60th
Percentile by assets
$342,325
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Newwave Technologies, Inc. Employee Stock Ownership Plan · Sponsored by Newwave Technologies Inc. · Maryland · Wholesale Trade

$12M in assets, 36 participants

Newwave Technologies Inc.'s Newwave Technologies, Inc. Employee Stock Ownership Plan reported $12M in total assets and 36 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 123,622 plans)
  • #3,185 in Wholesale Trade (6,080 peers)

Newwave Technologies Inc. multi-year trail

Newwave Technologies Inc.'s plans moved +26.9% in assets from 2022 to 2024; this filing shows Newwave Technologies, Inc. Employee Stock Ownership Plan at $12M / 36 participants.

$12M
total plan assets (2024 EOY)
36
covered participants
60th
percentile by assets (of 123,622 plans)
$342,325
avg assets per participant

Where Newwave Technologies, Inc. Employee Stock Ownership Plan sits by total assets

Newwave Technologies, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$12,323,682 Top 40% higher than 60% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Newwave Technologies, Inc. Employee Stock Ownership Plan reported net income rose from $977K in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Newwave Technologies, Inc. Employee Stock Ownership Plan end-of-year assets rose from $11M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • Newwave Technologies, Inc. Employee Stock Ownership Plan reported participants fell from 40 in the plan year 2023 filing to 36 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Maryland
Industry
Wholesale Trade

Newwave Technologies Inc. across 3 plan years on file

Across the 3 plan years Newwave Technologies Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $10M to $12M, a gain of 26.9%, while reported participants moved from 42 to 36 (-14.3%). Peak year by sponsor assets: 2024 ($12M); trough: 2022 ($10M).

Newwave Technologies Inc. multi-year asset trail

$9M$10M$11M$12M$13M 202220232024 $9.71M $12.3M ▲ +26.9%
Total plan assets by year, all Newwave Technologies Inc. plans on file
Year Plans Participants Total Assets
2022 1 42 $10M
2023 1 40 $11M
2024 1 36 $12M

Newwave Technologies Inc. filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN521777455
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Maryland

Peer ESOP plans, same state, same plan type, ranked by total assets.

Newwave Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants Newwave Technologies…, Total assets ($B): 0.012323682 · Participants: 36Newwave Technologies…Evapco, Inc. Employe…, Total assets ($B): 1.142811894 · Participants: 1803Evapco, Inc. Employe…Westat, Inc. Employe…, Total assets ($B): 0.418966511 · Participants: 3167Westat, Inc. Employe…Kci Technologies, In…, Total assets ($B): 0.392391805 · Participants: 1918Kci Technologies, In…Lockheed Martin Corp…, Total assets ($B): 0.283619058 · Participants: 7445Lockheed Martin Corp…Brown Capital Manage…, Total assets ($B): 0.211360737 · Participants: 35Brown Capital Manage…
Newwave Technologies, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maryland, assets vs. participants
Compare Newwave Technologies, Inc. Employee Stoc… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Newwave Technologies, Inc. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Newwave Technologies, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Newwave Technologies, Inc. Employee Stock Ownership Plan grew sharply - up 15.6% during 2024, from $11M to $12M. Reported net income was $2M.
How have Newwave Technologies Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Newwave Technologies Inc.'s sponsor-wide assets grew 26.9%, from $10M to $12M.
Which ESOP plans are similar in size to Newwave Technologies, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Columbia Cosmetics Manufacturing, Inc. Employee Stock Ownership Plan in CA ($12M, 54 participants).

Next read for Newwave Technologies, Inc. Employee Stoc…

Multi-year trail

Ways to act on Newwave Technologies, Inc. Employee Stock Ownership Plan's numbers.

  • By total assets, Newwave Technologies, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in Maryland. Compare plans
  • Newwave Technologies Inc.'s sponsor-wide assets have grown 26.9% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 521777455.

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.