401(k) ยท DOL Form 5500 ยท 2023

Marxent Labs 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$5M
Total assets
137
Participants
15th
Percentile by assets

Sponsored by Marxent Labs, LLC ยท Florida ยท Professional & Technical Services

What the 2023 filing shows

Marxent Labs 401(k) Plan holds $5M for 137 participants - about $36,714 per participant, among the smaller plans by assets on file, up 53.3% over the 2023 plan year.

$5M
total plan assets (2023 EOY)
137
covered participants
15th
percentile by assets (of 72,800 plans)
$36,714
avg assets per participant
Total Assets (2023)
$5M
Participants
137
State
Industry
Professional & Technical Services

What the Filing Says About Marxent Labs 401(k) Plan

Marxent Labs 401(k) Plan is a 401(k) retirement plan sponsored by Marxent Labs, LLC, headquartered in Florida. As of the 2023 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 137 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 274312096, and the plan has been effective since 2016-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2023 to $5M at year-end - a gain of 53.3%. Net assets (after liabilities) closed the year at $5M, with reported net income of $2M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$2M
Plan Type401(k)
Employer EIN274312096
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Marxent Labs, LLC)

Year Plans Participants Total Assets
2022 1 121 $3M
2023 1 137 $5M
2024 1 118 $7M

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Frequently Asked Questions

How much money is in the Marxent Labs 401(k) Plan?
As of the 2023 Form 5500 filing, Marxent Labs 401(k) Plan holds $5M in total assets with 137 participants. It is sponsored by Marxent Labs, LLC.
What type of plan is Marxent Labs 401(k) Plan?
Marxent Labs 401(k) Plan is a 401(k) plan. It has been effective since 2016-01-01. The plan is filed with the U.S. Department of Labor under EIN 274312096.
Who sponsors the Marxent Labs 401(k) Plan?
Marxent Labs 401(k) Plan is sponsored by Marxent Labs, LLC, located in Florida. The sponsor's EIN is 274312096 and the plan operates in the Professional & Technical Services industry.
How did Marxent Labs 401(k) Plan perform in 2023?
Marxent Labs 401(k) Plan grew by 53.3% during 2023, moving from $3M to $5M in total assets. Net income was $2M.
Where can I find official filings for Marxent Labs 401(k) Plan?
Official Form 5500 filings for Marxent Labs 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 274312096 or plan name at efast.dol.gov.
How does Marxent Labs 401(k) Plan compare to other plans?
You can compare Marxent Labs 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks all 402,674 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 274312096.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.