401(k) · DOL Form 5500 · 2022
Avidxchange, Inc. 401(k) Plan
Data updated 2026-08-11
- $71M
- Total assets
- 1,714
- Participants
- 91st
- Percentile by assets
- $41,711
- Avg per participant
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.
- 91st percentile by assets (of 139,126 plans)
- #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.
- $71M
- total plan assets (2022 EOY)
- 1,714
- covered participants
- 91st
- percentile by assets (of 139,126 plans)
- $41,711
- avg assets per participant
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.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Avidxchange, Inc. 401(k) Plan reports 1,714 participants - 2.1x that state average ($71M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $67M |
|---|---|
| Net Assets (End of Year) | $71M |
| Net Income | -$2M |
| Employer EIN | 562193588 |
| Plan Effective Date | 2013-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Avidxchange, Inc.)
| 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
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Avidxchange, Inc. 401(k) Plan by total assets, not by location.
- Iron Workers' Locals No. 15 & 424 Annuity Plan (CT) $71M · 1,273
- The Finish Line, Inc. Profit Sharing and 401(k) Plan (IN) $71M · 10,519
- Dignity Health 401(k) Plan (CA) $71M · 850
- Bergankdv 401(k) Retirement Plan (MN) $71M · 511
Frequently Asked Questions
How did Avidxchange, Inc. 401(k) Plan assets move in 2022? ▼
How have Avidxchange, Inc. plan assets changed over time? ▼
Where does Avidxchange, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Avidxchange, Inc. 401(k) Plan? ▼
Next read for Avidxchange, Inc. 401(k) Plan
Filing takeaways
Ways to act on Avidxchange, Inc. 401(k) Plan's numbers.
- By total assets, Avidxchange, Inc. 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Avidxchange, Inc.'s sponsor-wide assets have grown 68.5% since 2022 across 3 plan years on file. More Professional & Technical Services plans