401(k) · DOL Form 5500 · 2023

Axel Johnson Inc. 401(k) Plan

Data updated 2026-08-25

$183M
Total assets Near avg plan size
953
Participants Near avg headcount
94th
Percentile by assets National rank
$191,567
Avg per participant Above avg balance/head
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Official DOL plan name: Axel Johnson Inc. Thrift and Defined Contribution Plan · Sponsored by Axel Johnson Inc. · Connecticut · Wholesale Trade

$183M in assets, 953 participants

Axel Johnson Inc.'s Axel Johnson Inc. Thrift and Defined Contribution Plan reported $183M in total assets and 953 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.

  • #6,038 in Wholesale Trade (6,309 peers)

Where Axel Johnson Inc. Thrift and Defined Contribution Plan sits by assets

Axel Johnson Inc. Thrift and Defined Contribution Plan sits in the top 10% of all filed plans by assets, $183M for 953 participants (~$191,567/participant), up 16.2% in 2023.

#6,038
in Wholesale Trade (6,309 peers)
+16.2%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Axel Johnson Inc. Thrift and Defined Contribution Plan's outsized position by total assets

Axel Johnson Inc. Thrift and Defined Contribution Plan vs every filed plan by assets

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

$182,563,280 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

Axel Johnson Inc. Thrift and Defined Contribution 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. Axel Johnson Inc. Thrift and Defined Contribution Plan sits mid-pack in the medium band (953 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Axel Johnson Inc. Thrift and Defined Contribution Plan reported net income rose from -$25M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Axel Johnson Inc. Thrift and Defined Contribution Plan end-of-year assets rose from $157M in the plan year 2022 filing to $183M in the plan year 2023 filing.
  • Axel Johnson Inc. Thrift and Defined Contribution Plan reported participants rose from 838 in the plan year 2022 filing to 953 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 061600707 · Axel Johnson Inc. PY 2023 · 401(k)

Axel Johnson Inc. Thrift and Defined Contribution Plan · $183M · 953 · 94th

  • SCH $183M
  • SCH 953
  • SCH 94th
  • SCH 401(k)
  • SCH near Merrick & Company 401(k) and ESOP
  • SCH ind #6038

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 Wholesale Trade retirement plans → · Plans in Connecticut →

Axel Johnson Inc. Thrift and Defined Contribution Plan in the asset neighbourhood

Omya Industries Inc. 401(k) Savings PlanOmya Industries Inc. 401(k) …$183MUnited Cleanup Oak Ridge Retirement Savings PlanUnited Cleanup Oak Ridge Ret…$183MAxel Johnson Inc. Thrift and Defined Contribution PlanAxel Johnson Inc. Thrift and…$183MMerrick & Company 401(k) and ESOPMerrick & Company 401(k) and…$183MBekaert Corporation 401(k) Profit Sharing PlanBekaert Corporation 401(k) P…$183M
End-of-year total assets ($M) among Axel Johnson Inc. Thrift and Defined Contribution Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$157M
Net Assets (End of Year)$183M
Net Income$26M
Employer EIN061600707
Plan Effective Date1975-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Axel Johnson Inc.)

Sponsor-wide plan assets over time

All Axel Johnson Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$274M 16.656156605624776% vs 2022
2024 filing year
$220M$240M$260M$280M 202220232024 $235M $274M ▲ +16.7%
Year Plans Participants Total Assets
2022 2 943 $235M
2023 2 1,052 $263M
2024 2 1,036 $274M

Nearby 401(k) Plans in Connecticut

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

Axel Johnson Inc. Thrift and Defined Contribution Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Axel Johnson Inc. Thrift and Defined Contribution Plan, Total assets ($B): 0.18256328 · Participants: 953Axel Johnson Inc. Thrift and Defined Contribution PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Axel Johnson Inc. Thrift and Defined Contribution Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Axel Johnson Inc. Thrift and Defined Contribution Plan side-by-side with 3 peers →

Axel Johnson Inc. Thrift and Defined Contribution Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Merrick & Company 401(k) and ESOP in CO ($183M); by covered participants it is Flagg Bicycle Group, LLC 401(k) Plan in MN (953 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($183M here).

Similar participant headcount

Nearest other-state filings by covered participants (953 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 Axel Johnson Inc. Thrift and Defined Contribution Plan assets move in 2023? ▼
Axel Johnson Inc. Thrift and Defined Contribution Plan grew sharply - up 16.2% during 2023, from $157M to $183M. Reported net income was $26M.
How have Axel Johnson Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Axel Johnson Inc.'s sponsor-wide assets grew 16.7%, from $235M to $274M.
Where does Axel Johnson Inc. Thrift and Defined Contribution Plan rank by assets among Form 5500 filers? ▼
Axel Johnson Inc. Thrift and Defined Contribution 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 Axel Johnson Inc. Thrift and Defined Contribution Plan? ▼
Among 401(k) plans in other states, the closest by assets is Merrick & Company 401(k) and ESOP in CO ($183M, 879 participants).
Which 401(k) plans cover a similar participant headcount to Axel Johnson Inc. Thrift and Defined Contribution Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Flagg Bicycle Group, LLC 401(k) Plan in MN (953 participants, $76M 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 061600707.

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.