401(k) · DOL Form 5500 · 2024

Axis Communications, Inc. 401(k) Plan

Data updated 2026-08-25

$64M
Total assets Below avg plan size
565
Participants Below avg headcount
87th
Percentile by assets National rank
$112,510
Avg per participant Below avg balance/head
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Official DOL plan name: Axis Communications, Inc. 401(k) Plan · Sponsored by Axis Communications, Inc. · Massachusetts · Professional & Technical Services

$64M in assets, 565 participants

Axis Communications, Inc.'s Axis Communications, Inc. 401(k) Plan reported $64M in total assets and 565 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #17,689 in Professional & Technical Services (20,173 peers)

Where Axis Communications, Inc. 401(k) Plan sits by assets

Axis Communications, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $64M for 565 participants (~$112,510/participant), up 27.3% in 2024.

#17,689
in Professional & Technical Services (20,173 peers)
+27.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Axis Communications, Inc. 401(k) Plan's outsized position by total assets

Axis Communications, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$63,568,226 Top 13% higher than 87% of 123,620 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 2024

Axis Communications, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Axis Communications, Inc. 401(k) Plan sits mid-pack in the medium band (565 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Axis Communications, Inc. 401(k) Plan end-of-year assets rose from $50M in the plan year 2023 filing to $64M in the plan year 2024 filing.
  • Axis Communications, Inc. 401(k) Plan reported participants rose from 507 in the plan year 2023 filing to 565 in the plan year 2024 filing.
  • Axis Communications, Inc. 401(k) Plan reported net income rose from $13M in the plan year 2023 filing to $14M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 043017622 · Axis Communications, Inc. PY 2024 · 401(k)

Axis Communications, Inc. 401(k) Plan · $64M · 565 · 87th

  • ASSETS $64M
  • PCT 565
  • EIN 87th
  • RANK 401(k)
  • PHOTO near Kleinschmidt Associates Employees Profit Sharing Plan and Trust
  • IND ind #17689

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 Massachusetts →

Axis Communications, Inc. 401(k) Plan in the asset neighbourhood

Mccombs Automotive Group Employee Capital Accmulation PlanMccombs Automotive Group Emp…$64MAxis Communications, Inc. 401(k) PlanAxis Communications, Inc. 40…$64MKleinschmidt Associates Employees Profit Sharing Plan and TrustKleinschmidt Associates Empl…$64MSan Francisco Newspapers Savings PlanSan Francisco Newspapers Sav…$64MTruecar, Inc. and Subsidiaries 401(k) PlanTruecar, Inc. and Subsidiari…$64M
End-of-year total assets ($M) among Axis Communications, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$64M
Net Income$14M
Employer EIN043017622
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Axis Communications, Inc.)

Sponsor-wide plan assets over time

All Axis Communications, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$64M 70.46881734755401% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $37.3M $63.6M ▲ +70.5%
Year Plans Participants Total Assets
2022 1 464 $37M
2023 1 507 $50M
2024 1 565 $64M

Nearby 401(k) Plans in Massachusetts

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

Axis Communications, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Axis Communications, Inc. 401(k) Plan, Total assets ($B): 0.063568226 · Participants: 565Axis Communications, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 34.201609937 · Participants: 66907Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 11.352606499 · Participants: 34618Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 7.720373045 · Participants: 14762Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 6.775289067 · Participants: 20639Boston Scientific Corporation 401(k) Retirement Savings PlanState Street Salary Savings Program, Total assets ($B): 6.532301643 · Participants: 12777State Street Salary Savings Program
Axis Communications, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Axis Communications, Inc. 401(k) Plan side-by-side with 3 peers →

Axis Communications, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Kleinschmidt Associates Employees Profit Sharing Plan and Trust in ME ($64M); by covered participants it is Cooper Machinery Services, LLC 401(k) Plan in TX (565 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (565 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Axis Communications, Inc. 401(k) Plan assets move in 2024? ▼
Axis Communications, Inc. 401(k) Plan grew sharply - up 27.3% during 2024, from $50M to $64M. Reported net income was $14M.
How have Axis Communications, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Axis Communications, Inc.'s sponsor-wide assets grew 70.5%, from $37M to $64M.
Where does Axis Communications, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Axis Communications, Inc. 401(k) Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Axis Communications, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kleinschmidt Associates Employees Profit Sharing Plan and Trust in ME ($64M, 213 participants).
Which 401(k) plans cover a similar participant headcount to Axis Communications, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cooper Machinery Services, LLC 401(k) Plan in TX (565 participants, $35M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 043017622.

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.