401(k) · DOL Form 5500 · 2022

Axip Services Company, LLC 401(k) Plan

Q: How did Axip Energy Services 401(k) Savings Plan assets move in 2022?

Axip Energy Services 401(k) Savings Plan declined sharply - down 22.5% during 2022, from $12M to $9M. Reported net income was -$3M.

Q: Which 401(k) plans are similar in size to Axip Energy Services 401(k) Savings Plan?

Among 401(k) plans in other states, the closest by assets is Amwest Funding Corp. 401(k) Plan and Trust in CA ($9M, 153 participants).

Q: Which 401(k) plans cover a similar participant headcount to Axip Energy Services 401(k) Savings Plan?

Among 401(k) plans in other states, the closest by covered participants is Kent Materials 401(k) in LA (151 participants, $263K in assets).

Data updated 2026-08-25

$9M
Total assets Small plan by assets: 151
Participants Small participant base: 63rd
Percentile by assets National rank: $60,977
Avg per participant Low balance/head

PlainRetire home → About this data

Official DOL plan name: Axip Energy Services 401(k) Savings Plan · Sponsored by Axip Services Company, LLC · Texas · Utilities

$9M in assets, 151 participants

Axip Services Company, LLC's Axip Energy Services 401(k) Savings Plan reported $9M in total assets and 151 participants in its 2022 DOL Form 5500 filing, ranking in the 63rd 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.

#197 in Utilities (738 peers)

Coverage in Texas

Axip Energy Services 401(k) Savings Plan covers 151 participants in Texas, about 22% of the average Texas filer (state average ~688 per filing). Assets: $9M.

#197
in Utilities (738 peers): -22.5%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Axip Energy Services 401(k) Savings Plan's mid-pack asset rank among Utilities and all filers

Axip Energy Services 401(k) Savings Plan vs every filed plan by assets

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

$9,207,596 Top 37% higher than 63% of 139,123 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Axip Energy Services 401(k) Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Axip Energy Services 401(k) Savings Plan sits mid-pack in the medium band (151 participants).

Micro (1-10) 37,406 filings (26%) Small (11-100) 30,574 filings (21%) Medium (101-1,000) 63,709 filings (45%) Large (1,001-10,000) 9,970 filings (7%) Mega (10,000+) 1,298 filings (<1%)

Published 5500 schedule card

Filing strip 263632807 · Axip Services Company, LLC PY 2022 · 401(k)

Axip Energy Services 401(k) Savings Plan · $9M · 151 · 63rd

EOY $9M
EOY 151
EOY 63rd
EOY 401(k)
EOY near Amwest Funding Corp. 401(k) Plan and Trust
EOY ind #197

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 Utilities retirement plans → · Plans in Texas →

End-of-year total assets ($M) among Axip Energy Services 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)	$12M
Net Assets (End of Year)	$9M
Net Income	-$3M
Employer EIN	263632807
Plan Effective Date	2014-01-03
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Texas

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

Axip Energy Services 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $37.6B · 144,503
Exxonmobil Savings Plan $21.3B · 23,619
Caterpillar 401(k) Savings Plan $13.8B · 38,538
American Airlines, Inc. 401(k) Plan $12.8B · 85,577
Dell Inc. 401(k) Plan $12.0B · 47,532

Compare Axip Energy Services 401(k) Savings Plan side-by-side with 3 peers →

Axip Energy Services 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Amwest Funding Corp. 401(k) Plan and Trust in CA ($9M); by covered participants it is Kent Materials 401(k) in LA (151 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Amwest Funding Corp. 401(k) Plan and Trust (CA) $9M · 153
Program Planning Professionals Inc 401(k) Plan (MI) $9M · 164
Schmitt McDonald's 401(k) Plan (IL) $9M · 426
The Everglades Club, Inc. 401(k) Plan (FL) $9M · 153

Similar participant headcount

Nearest other-state filings by covered participants (151 participants); asset peers above are excluded.

Kent Materials 401(k) (LA) 151 · 0 off
Intec, LLC 401(k) Plan (VA) 151 · 0 off
Building Engines 401(k) Plan (MA) 151 · 0 off
Rpm Management Profit Sharing Plan (NJ) 151 · 0 off

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 Axip Energy Services 401(k) Savings Plan assets move in 2022? ▼

Axip Energy Services 401(k) Savings Plan declined sharply - down 22.5% during 2022, from $12M to $9M. Reported net income was -$3M.

Which 401(k) plans are similar in size to Axip Energy Services 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Amwest Funding Corp. 401(k) Plan and Trust in CA ($9M, 153 participants).

Which 401(k) plans cover a similar participant headcount to Axip Energy Services 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Kent Materials 401(k) in LA (151 participants, $263K 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 263632807.