Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

HYAXIOM, INC. 401(K) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HYAXIOM, INC.

This Profit Sharing plan holds $16M in total assets and serves 262 participants as of 2022. It is sponsored by HYAXIOM, INC. in Connecticut. The plan reported a net loss of $547K for the year.

Total Assets (2023)
$16M
Participants
262
State
Industry
Manufacturing

What the Filing Says About HYAXIOM, INC. 401(K) PLAN

HYAXIOM, INC. 401(K) PLAN is a Profit Sharing retirement plan sponsored by HYAXIOM, INC., headquartered in Connecticut. As of the 2022 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 262 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 471300816, and the plan has been effective since 2022-07-29. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2022 to $16M at year-end. Net assets (after liabilities) closed the year at $16M, with reported net income of $-547,358 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)N/A
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$-547,358
Plan TypeProfit Sharing
Employer EIN471300816
Plan Effective Date2022-07-29
Filing StatusFILING RECEIVED

Sponsor Plan History (HYAXIOM, INC.)

Year Plans Participants Total Assets
2022 1 262 $16M
2023 1 282 $21M
2024 1 239 $27M

Nearby Profit Sharing Plans in Connecticut

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Frequently Asked Questions

How much money is in the HYAXIOM, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, HYAXIOM, INC. 401(K) PLAN holds $16M in total assets with 262 participants. It is sponsored by HYAXIOM, INC..
What type of plan is HYAXIOM, INC. 401(K) PLAN?
HYAXIOM, INC. 401(K) PLAN is a Profit Sharing plan. It has been effective since 2022-07-29. The plan is filed with the U.S. Department of Labor under EIN 471300816.
Who sponsors the HYAXIOM, INC. 401(K) PLAN?
HYAXIOM, INC. 401(K) PLAN is sponsored by HYAXIOM, INC., located in Connecticut. The sponsor's EIN is 471300816 and the plan operates in the Manufacturing industry.
How did HYAXIOM, INC. 401(K) PLAN perform in 2022?
HYAXIOM, INC. 401(K) PLAN held $16M in total assets at the end of 2022. Net income was $-547,358.
Where can I find official filings for HYAXIOM, INC. 401(K) PLAN?
Official Form 5500 filings for HYAXIOM, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 471300816 or plan name at efast.dol.gov.
How does HYAXIOM, INC. 401(K) PLAN compare to other plans?
You can compare HYAXIOM, INC. 401(K) PLAN against other Profit Sharing plans on the plan type page, or view plans in Connecticut on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 471300816.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.