401(k) · DOL Form 5500 · 2022

Axel Johnson Inc. 401(k) Plan

Data updated 2026-08-11

$157M
Total assets
838
Participants
95th
Percentile by assets
$187,408
Avg per participant
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Official DOL plan name: Axel Johnson Inc. Thrift and Defined Contribution Plan · Sponsored by Axel Johnson Inc. · Connecticut · Wholesale Trade

$157M in assets, 838 participants

Axel Johnson Inc.'s Axel Johnson Inc. Thrift and Defined Contribution Plan reported $157M in total assets and 838 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #6,578 in Wholesale Trade (6,843 peers)

Where Axel Johnson Inc. Thrift and Defined Contribution Plan sits by assets

Axel Johnson Inc. Thrift and Defined Contribution Plan sits in the top 5% of all filed plans by assets, $157M for 838 participants (~$187,408/participant), down 13.9% in 2022.

$157M
total plan assets (2022 EOY)
838
covered participants
95th
percentile by assets (of 139,126 plans)
$187,408
avg assets per participant

The plan reported a net loss of $25M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Axel Johnson Inc. Thrift and Defined Contribution Plan vs the 2022 asset distribution

By assets, Axel Johnson Inc. Thrift and Defined Contribution Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$182M
Net Assets (End of Year)$157M
Net Income-$25M
Employer EIN061600707
Plan Effective Date1975-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Axel Johnson Inc.)

$220M$240M$260M$280M 202220232024 $235M $274M ▲ +16.7%
Total plan assets by year, all Axel Johnson Inc. plans on file
Year Plans Participants Total Assets
2022 2 943 $235M
2023 2 1,052 $263M
2024 2 1,036 $274M

Nearby 401(k) Plans in Connecticut

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

Axel Johnson Inc. Thrift and Defined Contribution Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Axel Johnson Inc. Thrift and Defined Contribution Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -200204060 Total assets ($B) Participants Axel Johnson Inc. Th…United Technologies …GE Retirement Saving…Citi Retirement Savi…The Hartford Investm…Xerox Corporation Sa…
Axel Johnson Inc. Thrift and Defined Contribution Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Axel Johnson Inc. Thrift and Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did Axel Johnson Inc. Thrift and Defined Contribution Plan assets move in 2022?
Axel Johnson Inc. Thrift and Defined Contribution Plan pulled back noticeably - down 13.9% during 2022, from $182M to $157M. Reported net income was -$25M.
How have Axel Johnson Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Axel Johnson Inc.'s sponsor-wide assets grew 16.7%, from $235M to $274M.
Where does Axel Johnson Inc. Thrift and Defined Contribution Plan rank by assets among Form 5500 filers?
Axel Johnson Inc. Thrift and Defined Contribution Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Axel Johnson Inc. Thrift and Defined Contribution Plan?
Among 401(k) plans in other states, the closest by assets is Sp+ 401(k) Savings Plan in IL ($157M, 11,171 participants).

Next read for Axel Johnson Inc. Thrift and Defined Con…

Scale reading

Ways to act on Axel Johnson Inc. Thrift and Defined Contribution Plan's numbers.

  • By total assets, Axel Johnson Inc. Thrift and Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Connecticut. Compare plans
  • Axel Johnson Inc.'s sponsor-wide assets have grown 16.7% since 2022 across 3 plan years on file. More Wholesale Trade plans