401(k) · DOL Form 5500 · 2023

Nuaxis LLC Dba Nuaxis Innovation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
359
Participants Below avg headcount
65th
Percentile by assets National rank
$38,333
Avg per participant Low balance/head
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Official DOL plan name: Nuaxis Innovations 401(k) Plan · Sponsored by Nuaxis LLC Dba Nuaxis Innovation · Virginia · Professional & Technical Services

$14M in assets, 359 participants

Nuaxis LLC Dba Nuaxis Innovation's Nuaxis Innovations 401(k) Plan reported $14M in total assets and 359 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #13,141 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Nuaxis Innovations 401(k) Plan covers 359 participants in Virginia, about 46% of the average Virginia filer (state average ~782 per filing). Assets: $14M.

#13,141
in Professional & Technical Services (20,321 peers)
+21.1%
assets growth YoY

Nuaxis Innovations 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Nuaxis Innovations 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$13,761,543 Top 35% higher than 65% 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

Nuaxis Innovations 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Nuaxis Innovations 401(k) Plan sits mid-pack in the medium band (359 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nuaxis Innovations 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Nuaxis Innovations 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Nuaxis Innovations 401(k) Plan reported participants rose from 339 in the plan year 2022 filing to 359 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 043608077 · Nuaxis LLC Dba Nuaxis Innovation PY 2023 · 401(k)

Nuaxis Innovations 401(k) Plan · $14M · 359 · 65th

  • 5500 $14M
  • 5500 359
  • 5500 65th
  • 5500 401(k)
  • 5500 near The Hometown Savings Bank Employee 401(k) Plan and Trust
  • 5500 ind #13141

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 Virginia →

Nuaxis Innovations 401(k) Plan in the asset neighbourhood

Nuaxis Innovations 401(k) PlanNuaxis Innovations 401(k) Pl…$14MThe Hometown Savings Bank Employee 401(k) Plan and TrustThe Hometown Savings Bank Em…$14MThe Hometown Savings Bank Employee 401(k) Plan and TrustThe Hometown Savings Bank Em…$14MA.G. Simpson (USA) Inc. Retirement PlanA.G. Simpson (USA) Inc. Reti…$14MAvidyne Corporation 401(k) Retirement PlanAvidyne Corporation 401(k) R…$14M
End-of-year total assets ($M) among Nuaxis Innovations 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN043608077
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nuaxis LLC Dba Nuaxis Innovation)

Sponsor-wide plan assets over time

All Nuaxis LLC Dba Nuaxis Innovation plans reported in each filing year

Latest sponsor-wide plan assets
$16M 43.21499637855343% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.4M $16.3M ▲ +43.2%
Year Plans Participants Total Assets
2022 1 339 $11M
2023 1 359 $14M
2024 1 384 $16M

Nearby 401(k) Plans in Virginia

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

Nuaxis Innovations 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Nuaxis Innovations 401(k) Plan, Total assets ($B): 0.013761543 · Participants: 359Nuaxis Innovations 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Nuaxis Innovations 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is The Hometown Savings Bank Employee 401(k) Plan and Trust in IN ($14M); by covered participants it is Harmac Medical Products, Inc. Retirement Savings Plan in NY (359 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (359 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 Nuaxis Innovations 401(k) Plan assets move in 2023?
Nuaxis Innovations 401(k) Plan grew sharply - up 21.1% during 2023, from $11M to $14M. Reported net income was $2M.
How have Nuaxis LLC Dba Nuaxis Innovation plan assets changed over time?
Across 3 plan years on file (2022-2024), Nuaxis LLC Dba Nuaxis Innovation's sponsor-wide assets grew 43.2%, from $11M to $16M.
Which 401(k) plans are similar in size to Nuaxis Innovations 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Hometown Savings Bank Employee 401(k) Plan and Trust in IN ($14M, 107 participants).
Which 401(k) plans cover a similar participant headcount to Nuaxis Innovations 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Harmac Medical Products, Inc. Retirement Savings Plan in NY (359 participants, $21M in assets).