401(k) · DOL Form 5500 · 2023
Axon Enterprise, Inc. 401(k) Plan
Data updated 2026-08-11
- $161M
- Total assets
- 2,299
- Participants
- 94th
- Percentile by assets
- $70,126
- Avg per participant
Official DOL plan name: Axon 401(k) Plan · Sponsored by Axon Enterprise, Inc. · Arizona · Manufacturing
$161M in assets, 2,299 participants
Axon Enterprise, Inc.'s Axon 401(k) Plan reported $161M in total assets and 2,299 participants in its 2023 DOL Form 5500 filing, ranking in the 94th 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.
- 94th percentile by assets (of 127,072 plans)
- #16,966 in Manufacturing (18,722 peers)
Coverage in Arizona
Axon 401(k) Plan covers 2,299 participants in Arizona, 4.1x the typical Arizona plan (state average ~564 per filing). Assets: $161M.
- $161M
- total plan assets (2023 EOY)
- 2,299
- covered participants
- 94th
- percentile by assets (of 127,072 plans)
- $70,126
- avg assets per participant
Where Axon 401(k) Plan sits by total assets
Axon 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$161,218,803 Top 6% higher than 94% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Axon 401(k) Plan reported net income rose from $7M in the plan year 2022 filing to $56M in the plan year 2023 filing.
- Axon 401(k) Plan end-of-year assets rose from $106M in the plan year 2022 filing to $161M in the plan year 2023 filing.
- Axon 401(k) Plan reported participants rose from 1,724 in the plan year 2022 filing to 2,299 in the plan year 2023 filing.
Participants vs Arizona filers
In Arizona, the average filing covers about 564 participants across 2,304 plans. Axon 401(k) Plan reports 2,299 participants - 4.1x that state average ($161M EOY assets).
Arizona filing particulars
| Total Assets (Beginning of Year) | $106M |
|---|---|
| Net Assets (End of Year) | $161M |
| Net Income | $56M |
| Employer EIN | 860741227 |
| Plan Effective Date | 2006-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Axon Enterprise, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,724 | $106M |
| 2023 | 1 | 2,299 | $161M |
| 2024 | 1 | 2,614 | $229M |
Nearby 401(k) Plans in Arizona
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Axon 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
- Bechtel Trust & Thrift Plan $5.7B · 7,448
- Banner Health Employees 401(k) Plan $4.3B · 52,452
- Republic Services, Inc. 401(k) Plan $2.4B · 28,131
- Freeport-Mcmoran Inc. Employee Capital Accumulation Program $2.3B · 13,105
- Stantec 401(k) Plan $2.0B · 10,719
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Axon 401(k) Plan by total assets, not by location.
- Willamette Dental Group, P.C. 401(k) Savings Plan (OR) $161M · 1,309
- Ars Employee 401(k) Plan (TN) $161M · 5,391
- Polynt Composites USA Inc. 401(k) Plan (IL) $161M · 691
- Nordic Consulting Partners, Inc. 401(k) Plan (WI) $161M · 1,647
Frequently Asked Questions
How did Axon 401(k) Plan assets move in 2023? ▼
How have Axon Enterprise, Inc. plan assets changed over time? ▼
Where does Axon 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Axon 401(k) Plan? ▼
Next read for Axon 401(k) Plan
Filing takeaways
Ways to act on Axon 401(k) Plan's numbers.
- By total assets, Axon 401(k) Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Arizona. Compare plans
- Axon Enterprise, Inc.'s sponsor-wide assets have grown 116.5% since 2022 across 3 plan years on file. More Manufacturing plans