401(k)
2022 plan-year 401(k) DOL Form 5500

Ajax Turner Co., Inc. 401(k) Profit Sharing Plan

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

Sponsored by Ajax Turner Co., Inc. · Tennessee · Wholesale Trade

What the 2023 filing shows

Ajax Turner Co., Inc. 401(k) Profit Sharing Plan holds $23M for 247 participants — about $94,485 per participant, down 14.2% over the 2022 plan year.

$23M
total plan assets (2022 EOY)
247
covered participants
$94,485
avg assets per participant
-14.2%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$23M
Participants
247
State
Industry
Wholesale Trade

What the Filing Says About Ajax Turner Co., Inc. 401(k) Profit Sharing Plan

Ajax Turner Co., Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Ajax Turner Co., Inc., headquartered in Tennessee. As of the 2022 Form 5500 filing, the plan reports $23M in total end-of-year assets and covers 247 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 620645490, and the plan has been effective since 1992-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $27M at the beginning of 2022 to $23M at year-end — a decline of 14.2%. Net assets (after liabilities) closed the year at $23M, with reported net income of $-3,865,785 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)$27M
Total Assets (End of Year)$23M
Net Assets (End of Year)$23M
Net Income$-3,865,785
Plan Type401(k)
Employer EIN620645490
Plan Effective Date1992-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ajax Turner Co., Inc.)

Year Plans Participants Total Assets
2022 1 247 $23M
2023 1 251 $26M
2024 1 273 $28M

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Frequently Asked Questions

How much money is in the Ajax Turner Co., Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Ajax Turner Co., Inc. 401(k) Profit Sharing Plan holds $23M in total assets with 247 participants. It is sponsored by Ajax Turner Co., Inc..
What type of plan is Ajax Turner Co., Inc. 401(k) Profit Sharing Plan?
Ajax Turner Co., Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1992-10-01. The plan is filed with the U.S. Department of Labor under EIN 620645490.
Who sponsors the Ajax Turner Co., Inc. 401(k) Profit Sharing Plan?
Ajax Turner Co., Inc. 401(k) Profit Sharing Plan is sponsored by Ajax Turner Co., Inc., located in Tennessee. The sponsor's EIN is 620645490 and the plan operates in the Wholesale Trade industry.
How did Ajax Turner Co., Inc. 401(k) Profit Sharing Plan perform in 2022?
Ajax Turner Co., Inc. 401(k) Profit Sharing Plan declined by 14.2% during 2022, moving from $27M to $23M in total assets. Net income was $-3,865,785.
Where can I find official filings for Ajax Turner Co., Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Ajax Turner Co., Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 620645490 or plan name at efast.dol.gov.
How does Ajax Turner Co., Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Ajax Turner Co., Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Tennessee 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 620645490.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.