401(k) · DOL Form 5500 · 2023

Taxbit, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
219
Participants Below avg headcount
40th
Percentile by assets National rank
$17,661
Avg per participant Low balance/head
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Official DOL plan name: Taxbit 401(k) Plan · Sponsored by Taxbit, Inc. · Utah · Professional & Technical Services

$4M in assets, 219 participants

Taxbit, Inc.'s Taxbit 401(k) Plan reported $4M in total assets and 219 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #7,519 in Professional & Technical Services (20,321 peers)

Coverage in Utah

Taxbit 401(k) Plan covers 219 participants in Utah, about 37% of the average Utah filer (state average ~592 per filing). Assets: $4M.

#7,519
in Professional & Technical Services (20,321 peers)
+143.6%
assets growth YoY

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

Taxbit 401(k) Plan vs every filed plan by assets

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

$3,867,777 40th percentile higher than 40% 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

Taxbit 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. Taxbit 401(k) Plan sits mid-pack in the medium band (219 participants).

Plan-year Form 5500 strip

Filing strip 833266436 · Taxbit, Inc. PY 2023 · 401(k)

Taxbit 401(k) Plan · $4M · 219 · 40th

  • NET $4M
  • NET 219
  • NET 40th
  • NET 401(k)
  • NET near Pilgrim Furniture City 401(k) Plan
  • NET ind #7519

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 Utah →

Taxbit 401(k) Plan in the asset neighbourhood

Taxbit 401(k) Plan$4MPilgrim Furniture City 401(k) PlanPilgrim Furniture City 401(k…$4MPartnership with Children, Inc. 401(k) Profit Sharing Plan and TrustPartnership with Children, I…$4MWhite Arrow 401(k) & Ps Plan$4MComplete Mobile Dentistry 401(k) PlanComplete Mobile Dentistry 40…$4M
End-of-year total assets ($M) among Taxbit 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utah filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$4M
Net Income$2M
Employer EIN833266436
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Taxbit, Inc.)

Sponsor-wide plan assets over time

All Taxbit, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 43.559543375949545% vs 2023
2024 filing year
$3M$4M$5M$6M 20232024 $3.87M $5.55M ▲ +43.4%
Year Plans Participants Total Assets
2023 1 219 $4M
2024 1 122 $6M

Nearby 401(k) Plans in Utah

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

Taxbit 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Taxbit 401(k) Plan, Total assets ($B): 0.003867777 · Participants: 219Taxbit 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Taxbit 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

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

Outside Utah, the nearest 401(k) by assets is Pilgrim Furniture City 401(k) Plan in CT ($4M); by covered participants it is Raven Industries, Inc. 401(k) Plan in SD (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 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 Taxbit 401(k) Plan assets move in 2023?
Taxbit 401(k) Plan surged - up 143.6% during 2023, from $2M to $4M. Reported net income was $2M.
How have Taxbit, Inc. plan assets changed over time?
Across 2 plan years on file (2023-2024), Taxbit, Inc.'s sponsor-wide assets grew 43.6%, from $4M to $6M.
Which 401(k) plans are similar in size to Taxbit 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Pilgrim Furniture City 401(k) Plan in CT ($4M, 63 participants).
Which 401(k) plans cover a similar participant headcount to Taxbit 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Raven Industries, Inc. 401(k) Plan in SD (219 participants, N/A in assets).