401(k) · DOL Form 5500 · 2023

Axcelis Technologies, Inc. 401(k) Plan

Data updated 2026-08-11

$247M
Total assets: 958
Participants: 96th
Percentile by assets: $257,356
Avg per participant

Official DOL plan name: Axcelis Technologies, Inc. Long-Term Investment Plan · Sponsored by Axcelis Technologies, Inc. · Massachusetts · Manufacturing

$247M in assets, 958 participants

Axcelis Technologies, Inc.'s Axcelis Technologies, Inc. Long-Term Investment Plan reported $247M in total assets and 958 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#17,399 in Manufacturing (18,722 peers)

Where Axcelis Technologies, Inc. Long-Term Investment Plan sits by assets

Axcelis Technologies, Inc. Long-Term Investment Plan sits in the top 5% of all filed plans by assets, $247M for 958 participants (~$257,356/participant), up 21.9% in 2023.

$247M
total plan assets (2023 EOY): 958
covered participants: 96th
percentile by assets (of 127,072 plans): $257,356
avg assets per participant

Axcelis Technologies, Inc. Long-Term Investment Plan reported net income rose from -$49M in the plan year 2022 filing to $44M in the plan year 2023 filing.
Axcelis Technologies, Inc. Long-Term Investment Plan reported participants rose from 761 in the plan year 2022 filing to 958 in the plan year 2023 filing.
Axcelis Technologies, Inc. Long-Term Investment Plan end-of-year assets rose from $202M in the plan year 2022 filing to $247M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Massachusetts

Industry

Manufacturing

Axcelis Technologies, Inc. Long-Term Investment Plan vs the 2023 asset distribution

By assets, Axcelis Technologies, Inc. Long-Term Investment Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$202M
Net Assets (End of Year)	$247M
Net Income	$44M
Employer EIN	341818596
Plan Effective Date	2001-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Axcelis Technologies, Inc.)

Total plan assets by year, all Axcelis Technologies, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	761	$202M
2023	1	958	$247M
2024	1	1,131	$271M

Nearby 401(k) Plans in Massachusetts

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

Axcelis Technologies, Inc. Long-Term Investment Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants

Fidelity Retirement Savings Plan $28.6B · 62,289
Liberty Mutual 401(k) Plan $10.6B · 37,052
Massachusetts Institute of Technology Supplemental 401(k) Plan $6.8B · 14,094
Boston Scientific Corporation 401(k) Retirement Savings Plan $5.8B · 19,881
Philips North America 401(k) Plan $5.8B · 19,120

Compare Axcelis Technologies, Inc. Long-Term Inv… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Axcelis Technologies, Inc. Long-Term Investment Plan by total assets, not by location.

Brother USA Retirement Plan (NJ) $247M · 818
Menard, Inc. 401(k) Plan (WI) $247M · 50,234
Tdindustries, Inc. 401(k)/ESOP Retirement Plan (TX) $247M · 2,863
Ses Americom Retirement and Savings Plan (NJ) $246M · 747

Frequently Asked Questions

How did Axcelis Technologies, Inc. Long-Term Investment Plan assets move in 2023? ▼

Axcelis Technologies, Inc. Long-Term Investment Plan grew sharply - up 21.9% during 2023, from $202M to $247M. Reported net income was $44M.

How have Axcelis Technologies, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Axcelis Technologies, Inc.'s sponsor-wide assets grew 34.2%, from $202M to $271M.

Where does Axcelis Technologies, Inc. Long-Term Investment Plan rank by assets among Form 5500 filers? ▼

Axcelis Technologies, Inc. Long-Term Investment Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Axcelis Technologies, Inc. Long-Term Investment Plan? ▼

Among 401(k) plans in other states, the closest by assets is Brother USA Retirement Plan in NJ ($247M, 818 participants).

Next read for Axcelis Technologies, Inc. Long-Term Inv…

Scale reading

Ways to act on Axcelis Technologies, Inc. Long-Term Investment Plan's numbers.

By total assets, Axcelis Technologies, Inc. Long-Term Investment Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Massachusetts. Compare plans
Axcelis Technologies, Inc.'s sponsor-wide assets have grown 34.2% since 2022 across 3 plan years on file. More Manufacturing plans

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 341818596.