Department of Labor filing

WAVESTREAM CORPORATION

WAVESTREAM CORPORATION 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 14, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

78filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$3,712

Reported employer contributions per active participant.

Higher than about 71% of comparable plans

#People in the filing

139

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$16 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 94% of comparable plans

↗Investment performance

Not available

Plan assets changed -3.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202478out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions71st percentileTypical peer $2,580 · based on 344 comparable plans

Lower reported administrative expense94th percentileTypical peer $167 · based on 337 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, WAVESTREAM CORPORATION reported $515,934 in employer contributions across the plan and 139 active participants. That works out to $3,712 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy61%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 15.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 15.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context78/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $515,934
Participant contributions: $1,248,368
Other contributions: $93,955
Employer share of reported contributions: 29.2%
Beginning assets: $20,092,071
Ending assets: $19,396,586
Ending net assets: $19,396,586
Ending liabilities: Not reported
Total income: $4,468,009
Total expenses: $5,163,494
Administrative expenses: $3,482
Participant loans: $242,056

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,222

2023

$3,505

2024

$3,712

Plan-paid administrative expenses per participant

2022

$14

2023

$18

2024

$16

Active participants

2022

158

2023

147

2024

139

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$3,712	139	19.4M	20251014133236NAL0004086272003
2023	$3,505	147	20.1M	20241014170746NAL0026796881002
2022	$3,222	158	17.3M	20231013113613NAL0021727043001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.2%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 943369894-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2008
Industry: Industry group 334
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2F2G2J2T3D

Current plan terms

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Filing ACK_ID20251014133236NAL0004086272003

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗