401(k) · DOL Form 5500 · 2023

Axon Enterprise, Inc. 401(k) Plan

Data updated 2026-08-25

$161M
Total assets Near avg plan size
2,299
Participants Above avg headcount
94th
Percentile by assets National rank
$70,126
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#16,966
in Manufacturing (18,722 peers)
+52.7%
assets growth YoY
1.6×
vs typical plan assets (national mean)

Axon 401(k) Plan's outsized position 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

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 2023

Axon 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Axon 401(k) Plan lands in the large band (2,299 participants).

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.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 860741227 · Axon Enterprise, Inc. PY 2023 · 401(k)

Axon 401(k) Plan · $161M · 2,299 · 94th

  • PHOTO $161M
  • IND 2,299
  • EOY 94th
  • 5500 401(k)
  • ASSETS near Willamette Dental Group, P.C. 401(k) Savings Plan
  • PCT ind #16966

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 Manufacturing retirement plans → · Plans in Arizona →

Axon 401(k) Plan in the asset neighbourhood

Willamette Dental Group, P.C. 401(k) Savings PlanWillamette Dental Group, P.C…$161MArs Employee 401(k) Plan$161MAxon 401(k) Plan$161MPolynt Composites USA Inc. 401(k) PlanPolynt Composites USA Inc. 4…$161MNordic Consulting Partners, Inc. 401(k) PlanNordic Consulting Partners, …$161M
End-of-year total assets ($M) among Axon 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$106M
Net Assets (End of Year)$161M
Net Income$56M
Employer EIN860741227
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Axon Enterprise, Inc.)

Sponsor-wide plan assets over time

All Axon Enterprise, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$229M 116.47820151864336% vs 2022
2024 filing year
$50M$100M$150M$200M$250M 202220232024 $106M $229M ▲ +116.5%
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 Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Axon 401(k) Plan, Total assets ($B): 0.161218803 · Participants: 2299Axon 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Axon 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Axon 401(k) Plan side-by-side with 3 peers →

Axon 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Willamette Dental Group, P.C. 401(k) Savings Plan in OR ($161M); by covered participants it is L&t Technology Services Ltd 401(k) Profit Sharing Plan & Trust in NJ (2,299 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($161M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,299 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Axon 401(k) Plan assets move in 2023? ▼
Axon 401(k) Plan surged - up 52.7% during 2023, from $106M to $161M. Reported net income was $56M.
How have Axon Enterprise, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Axon Enterprise, Inc.'s sponsor-wide assets grew 116.5%, from $106M to $229M.
Where does Axon 401(k) Plan rank by assets among Form 5500 filers? ▼
Axon 401(k) Plan ranks in the 94th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Axon 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Willamette Dental Group, P.C. 401(k) Savings Plan in OR ($161M, 1,309 participants).
Which 401(k) plans cover a similar participant headcount to Axon 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is L&t Technology Services Ltd 401(k) Profit Sharing Plan & Trust in NJ (2,299 participants, $43M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 860741227.

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.