Axiom Bank 401(K) Savings Plan — Form 5500 plan (Axiom Bank)
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, Axiom Bank 401(K) Savings Plan is a benefit plan reported by Axiom Bank under EIN 59-1008568 and plan number 001. The latest loaded filing year is 2023. The filing reports 202 participants and $7,988,413 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Axiom Bank
- EIN
- 59-1008568
- Plan number
- 001
- Plan type
- 2
- Location
- Maitland, FL
- Latest filing year
- 2023
- Participants
- 202
- End-of-year plan assets
- $7,988,413
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 202 | H, C | 20250811092110NAL0008449392001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,988,413
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,988,413
- Net assets (BOY)
- $5,994,158
Income & contributions
- Employer contributions
- $554,098
- Participant contributions
- $1,132,230
- Total contributions
- $2,303,079
- Total income / additions
- $3,475,367
Expenses & distributions
- Benefits paid
- $1,458,813
- Administrative expenses
- $15,984
- Total expenses
- $1,481,112
- Net increase / (decrease)
- $1,994,255
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sageview Advisory Group LLC | INVESTMENT/FINANCIAL ADVI | $11,014 | $0 | 2023 |
| Adp, Inc. | RECORD KEEPER | $4,969 | $0 | 2023 |