401(k) · DOL Form 5500 · 2022

Avidxchange, Inc. 401(k) Plan

Data updated 2026-08-25

$71M
Total assets Below avg plan size
1,714
Participants Near avg headcount
91st
Percentile by assets National rank
$41,711
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Avidxchange, Inc. 401(k) Plan · Sponsored by Avidxchange, Inc. · North Carolina · Professional & Technical Services

$71M in assets, 1,714 participants

Avidxchange, Inc.'s Avidxchange, Inc. 401(k) Plan reported $71M in total assets and 1,714 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

  • #19,803 in Professional & Technical Services (21,562 peers)

Coverage in North Carolina

Avidxchange, Inc. 401(k) Plan covers 1,714 participants in North Carolina, 2.1x the typical North Carolina plan (state average ~819 per filing). Assets: $71M.

#19,803
in Professional & Technical Services (21,562 peers)
+6.0%
assets growth YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Avidxchange, Inc. 401(k) Plan's outsized position by total assets

Avidxchange, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$71,492,620 Top 9% higher than 91% of 139,123 filed plans

This plan $0 $2,050,000,000 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 2022

Avidxchange, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Avidxchange, Inc. 401(k) Plan lands in the large band (1,714 participants).

DOL schedule card

Filing strip 562193588 · Avidxchange, Inc. PY 2022 · 401(k)

Avidxchange, Inc. 401(k) Plan · $71M · 1,714 · 91st

  • BOOK $71M
  • BOOK 1,714
  • BOOK 91st
  • BOOK 401(k)
  • BOOK near Iron Workers' Locals No. 15 & 424 Annuity Plan
  • BOOK ind #19803

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in North Carolina →

Avidxchange, Inc. 401(k) Plan in the asset neighbourhood

The Finish Line, Inc. Profit Sharing and 401(k) PlanThe Finish Line, Inc. Profit…$71MDignity Health 401(k) Plan$71MAvidxchange, Inc. 401(k) Plan$71MIron Workers' Locals No. 15 & 424 Annuity PlanIron Workers' Locals No. 15 …$71MBergankdv 401(k) Retirement PlanBergankdv 401(k) Retirement …$71M
End-of-year total assets ($M) among Avidxchange, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$67M
Net Assets (End of Year)$71M
Net Income-$2M
Employer EIN562193588
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avidxchange, Inc.)

Sponsor-wide plan assets over time

All Avidxchange, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$120M 68.48439741052992% vs 2022
2024 filing year
$60M$80M$100M$120M$140M 202220232024 $71.5M $120M ▲ +68.5%
Year Plans Participants Total Assets
2022 1 1,714 $71M
2023 1 1,677 $96M
2024 1 1,688 $120M

Nearby 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Avidxchange, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Avidxchange, Inc. 401(k) Plan, Total assets ($B): 0.07149262 · Participants: 1714Avidxchange, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Avidxchange, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Avidxchange, Inc. 401(k) Plan side-by-side with 3 peers →

Avidxchange, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Iron Workers' Locals No. 15 & 424 Annuity Plan in CT ($71M); by covered participants it is American Crystal Sugar Company 401(k) Partnership Plan in MN (1,715 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($71M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,714 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Avidxchange, Inc. 401(k) Plan assets move in 2022? ▼
Avidxchange, Inc. 401(k) Plan grew at a solid clip - up 6.0% during 2022, from $67M to $71M. Reported net income was -$2M.
How have Avidxchange, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avidxchange, Inc.'s sponsor-wide assets grew 68.5%, from $71M to $120M.
Where does Avidxchange, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Avidxchange, Inc. 401(k) Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Avidxchange, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Iron Workers' Locals No. 15 & 424 Annuity Plan in CT ($71M, 1,273 participants).
Which 401(k) plans cover a similar participant headcount to Avidxchange, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is American Crystal Sugar Company 401(k) Partnership Plan in MN (1,715 participants, $173M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 562193588.

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.