401(k) · DOL Form 5500 · 2022

Axis Communications, Inc. 401(k) Plan

Data updated 2026-08-25

$37M
Total assets Below avg plan size
464
Participants Below avg headcount
85th
Percentile by assets National rank
$80,367
Avg per participant Below avg balance/head
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Official DOL plan name: Axis Communications, Inc. 401(k) Plan · Sponsored by Axis Communications, Inc. · Massachusetts · Professional & Technical Services

$37M in assets, 464 participants

Axis Communications, Inc.'s Axis Communications, Inc. 401(k) Plan reported $37M in total assets and 464 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #18,569 in Professional & Technical Services (21,562 peers)

Where Axis Communications, Inc. 401(k) Plan sits by assets

Axis Communications, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $37M for 464 participants (~$80,367/participant), down 12.7% in 2022.

#18,569
in Professional & Technical Services (21,562 peers)
-12.7%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Axis Communications, Inc. 401(k) Plan's outsized position by total assets

Axis Communications, Inc. 401(k) Plan vs every filed plan by assets

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

$37,290,237 Top 15% higher than 85% 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

Axis Communications, Inc. 401(k) 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. Axis Communications, Inc. 401(k) Plan sits mid-pack in the medium band (464 participants).

DOL schedule card

Filing strip 043017622 · Axis Communications, Inc. PY 2022 · 401(k)

Axis Communications, Inc. 401(k) Plan · $37M · 464 · 85th

  • PHOTO $37M
  • IND 464
  • EOY 85th
  • 5500 401(k)
  • ASSETS near Cardiothoracic & Vascular Surgical Associates, S.C. Retirement Savings Plan
  • PCT ind #18569

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 Professional & Technical Services retirement plans → · Plans in Massachusetts →

Axis Communications, Inc. 401(k) Plan in the asset neighbourhood

Axis Communications, Inc. 401(k) PlanAxis Communications, Inc. 40…$37MCardiothoracic & Vascular Surgical Associates, S.C. Retirement Savings PlanCardiothoracic & Vascular Su…$37MSturm Financial Group 401(k) Profit Sharing PlanSturm Financial Group 401(k)…$37MFirst State Bancorp, Inc. Combined Retirement Benefit PlanFirst State Bancorp, Inc. Co…$37MHawthorn Bancshares, Inc. Profit Sharing 401(k) PlanHawthorn Bancshares, Inc. Pr…$37M
End-of-year total assets ($M) among Axis Communications, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$37M
Net Income-$5M
Employer EIN043017622
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Axis Communications, Inc.)

Sponsor-wide plan assets over time

All Axis Communications, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$64M 70.46881734755401% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $37.3M $63.6M ▲ +70.5%
Year Plans Participants Total Assets
2022 1 464 $37M
2023 1 507 $50M
2024 1 565 $64M

Nearby 401(k) Plans in Massachusetts

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

Axis Communications, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Axis Communications, Inc. 401(k) Plan, Total assets ($B): 0.037290237 · Participants: 464Axis Communications, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Axis Communications, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Axis Communications, Inc. 401(k) Plan side-by-side with 3 peers →

Axis Communications, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Cardiothoracic & Vascular Surgical Associates, S.C. Retirement Savings Plan in IL ($37M); by covered participants it is Santiago Inc 401(k) Profit Sharing Plan & Trust in FL (464 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (464 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 Axis Communications, Inc. 401(k) Plan assets move in 2022? ▼
Axis Communications, Inc. 401(k) Plan pulled back noticeably - down 12.7% during 2022, from $43M to $37M. Reported net income was -$5M.
How have Axis Communications, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Axis Communications, Inc.'s sponsor-wide assets grew 70.5%, from $37M to $64M.
Where does Axis Communications, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Axis Communications, Inc. 401(k) Plan ranks in the 85th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Axis Communications, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cardiothoracic & Vascular Surgical Associates, S.C. Retirement Savings Plan in IL ($37M, 66 participants).
Which 401(k) plans cover a similar participant headcount to Axis Communications, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Santiago Inc 401(k) Profit Sharing Plan & Trust in FL (464 participants, N/A 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 043017622.

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.