Axient 401(K) Plan — Form 5500 plan (Axient, LLC)

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, Axient 401(K) Plan is a benefit plan reported by Axient, LLC under EIN 63-1055760 and plan number 001. The latest loaded filing year is 2023. The filing reports 2,567 participants and $291,104,011 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Axient, LLC
EIN
63-1055760
Plan number
001
Plan type
2
Location
Huntsville, AL
Latest filing year
2023
Participants
2,567
End-of-year plan assets
$291,104,011

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,567H, C20241015174756NAL0029297809001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$291,104,011
Total liabilities (EOY)
$0
Net assets (EOY)
$291,104,011
Net assets (BOY)
$236,533,932

Income & contributions

Employer contributions
$14,144,667
Participant contributions
$23,422,485
Total contributions
$41,258,720
Total income / additions
$88,262,444

Expenses & distributions

Benefits paid
$32,967,416
Administrative expenses
$260,380
Total expenses
$33,692,365
Net increase / (decrease)
$54,570,079

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Usi Consulting GroupN/A$260,354$02023
Charles Schwab Trust BankN/A$26$02023

Related Form 5500 pages