ESOP · DOL Form 5500 · 2022

Naxion, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
61
Participants Small participant base
73rd
Percentile by assets National rank
$253,448
Avg per participant Above avg balance/head
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Official DOL plan name: Naxion, Inc. Employee Stock Ownership Plan · Sponsored by Naxion, Inc. · Pennsylvania · Professional & Technical Services

$15M in assets, 61 participants

Naxion, Inc.'s Naxion, Inc. Employee Stock Ownership Plan reported $15M in total assets and 61 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd 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.

  • #15,680 in Professional & Technical Services (21,562 peers)

What the 2022 filing shows

Naxion, Inc. Employee Stock Ownership Plan holds $15M for 61 participants - about $253,448 per participant, above the median plan by assets.

#15,680
in Professional & Technical Services (21,562 peers)
-4.8%
assets change YoY

The plan reported a net loss of $150K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Naxion, Inc. Employee Stock Ownership Plan's outsized position by total assets

Naxion, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$15,460,308 Top 27% higher than 73% 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

Naxion, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Naxion, Inc. Employee Stock Ownership Plan is a small filing (61 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 232681082 · Naxion, Inc. PY 2022 · ESOP

Naxion, Inc. Employee Stock Ownership Plan · $15M · 61 · 73rd

  • PCT $15M
  • EIN 61
  • RANK 73rd
  • PHOTO ESOP
  • IND near Technical Systems, Inc. Employee Stock Ownership Plan
  • EOY ind #15680

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 What is an ESOP? → · Plans in Pennsylvania →

Naxion, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Art's Electric Employee Stock Ownership PlanArt's Electric Employee Stoc…$15MFrank P. Langley Co., Inc. Employee Profit Sharing and Stock Ownership PlanFrank P. Langley Co., Inc. E…$15MNaxion, Inc. Employee Stock Ownership PlanNaxion, Inc. Employee Stock …$15MTechnical Systems, Inc. Employee Stock Ownership PlanTechnical Systems, Inc. Empl…$15MPebcor Corporation Employee Stock Ownership PlanPebcor Corporation Employee …$15M
End-of-year total assets ($M) among Naxion, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$2M
Net Income-$150K
Employer EIN232681082
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Naxion, Inc.)

Sponsor-wide plan assets over time

All Naxion, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 2.834329044414898% vs 2022
2024 filing year
$13M$14M$15M$16M$17M 202220232024 $15.5M $15.9M ▲ +2.8%
Year Plans Participants Total Assets
2022 1 61 $15M
2023 1 53 $13M
2024 1 68 $16M

Nearby ESOP Plans in Pennsylvania

Peer ESOP plans, same state, same plan type, ranked by total assets.

Naxion, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -1012345 Total assets ($B) Participants Naxion, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.015460308 · Participants: 61Naxion, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 4.519811811 · Participants: 22323Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.154561341 · Participants: 337Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.533697969 · Participants: 12847Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.48126732 · Participants: 2268Centimark Corporation Employee Stock Ownership Plan and TrustNewage Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.310383492 · Participants: 304Newage Industries, Inc. Employee Stock Ownership Plan
Naxion, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Naxion, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Naxion, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Technical Systems, Inc. Employee Stock Ownership Plan in WA ($15M); by covered participants it is Minn-Dak, Co. Employee Stock Ownership Plan in ND (61 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (61 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 Naxion, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Naxion, Inc. Employee Stock Ownership Plan edged down modestly - down 4.8% during 2022, from $16M to $15M. Reported net income was -$150K.
How have Naxion, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Naxion, Inc.'s sponsor-wide assets grew 2.8%, from $15M to $16M.
Which ESOP plans are similar in size to Naxion, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Technical Systems, Inc. Employee Stock Ownership Plan in WA ($15M, 58 participants).
Which ESOP plans cover a similar participant headcount to Naxion, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Minn-Dak, Co. Employee Stock Ownership Plan in ND (61 participants, $21M 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 232681082.

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.