Axelon Services Corporation 401(K) Profit Sharing Plan — Form 5500 plan (Axelon Services Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Axelon Services Corporation 401(K) Profit Sharing Plan is a benefit plan reported by Axelon Services Corporation under EIN 11-2447843 and plan number 001. The latest loaded filing year is 2023. The filing reports 458 participants and $16,461,043 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Axelon Services Corporation
- EIN
- 11-2447843
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
- Participants
- 458
- End-of-year plan assets
- $16,461,043
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 458 | H, C | 20241014131016NAL0013326099001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,461,043
- Total liabilities (EOY)
- $191,355
- Net assets (EOY)
- $16,269,688
- Net assets (BOY)
- $13,077,782
Income & contributions
- Employer contributions
- $17,740
- Participant contributions
- $1,057,503
- Total contributions
- $1,178,848
- Total income / additions
- $3,914,516
Expenses & distributions
- Benefits paid
- $692,367
- Administrative expenses
- $30,243
- Total expenses
- $722,610
- Net increase / (decrease)
- $3,191,906
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Mcadam LLC | ADVISOR | $35,245 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$5,002 | $0 | 2023 |