Defined Benefit (Pension) · DOL Form 5500 · 2024

Axel Johnson Inc. Pension Plan

Data updated 2026-07-24

$79M
Total assets
94
Participants
89th
Percentile by assets
$837,363
Avg per participant
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Official DOL plan name: Axel Johnson Inc. Retirement Plan · Sponsored by Axel Johnson Inc. · Connecticut · Wholesale Trade

$79M in assets, 94 participants

Axel Johnson Inc.'s Axel Johnson Inc. Retirement Plan reported $79M in total assets and 94 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 116,472 plans)

Where Axel Johnson Inc. Retirement Plan sits by assets

Axel Johnson Inc. Retirement Plan sits in the top quartile of all filed plans by assets, $79M for 94 participants (~$837,363/participant), down 2.0% in 2024.

$79M
total plan assets (2024 EOY)
94
covered participants
89th
percentile by assets (of 116,472 plans)
$837,363
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Axel Johnson Inc. Retirement Plan reported net income fell from $2M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Axel Johnson Inc. Retirement Plan reported participants fell from 99 in the plan year 2023 filing to 94 in the plan year 2024 filing.
  • Axel Johnson Inc. Retirement Plan end-of-year assets fell from $80M in the plan year 2023 filing to $79M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Axel Johnson Inc. Retirement Plan vs the 2024 asset distribution

By assets, Axel Johnson Inc. Retirement Plan outranks 89% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.8x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$80M
Net Assets (End of Year)$79M
Net Income-$2M
Employer EIN061600707
Plan Effective Date1975-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Axel Johnson Inc.)

$220M$240M$260M$280M 202220232024 $235M $274M ▲ +16.7%
Total plan assets by year, all Axel Johnson Inc. plans on file
Year Plans Participants Total Assets
2022 2 943 $235M
2023 2 1,052 $263M
2024 2 1,036 $274M

Nearby Defined Benefit (Pension) Plans in Connecticut

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Axel Johnson Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Axel Johnson Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -1001020304050 Total assets ($B) Participants Axel Johnson Inc. Re…Rtx Consolidated Pen…The Citigroup Pensio…Eversource Pension P…Retirement Plan for …The Hartford Retirem…
Axel Johnson Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Connecticut, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Axel Johnson Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Axel Johnson Inc. Retirement Plan assets move in 2024?
Axel Johnson Inc. Retirement Plan edged down modestly - down 2.0% during 2024, from $80M to $79M. Reported net income was -$2M.
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. Retirement Plan rank by assets among Form 5500 filers?
Axel Johnson Inc. Retirement Plan ranks in the 89th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Axel Johnson Inc. Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Income Plan for Employees of Eisenhower Medical Center in CA ($79M, 488 participants).

Next read for Axel Johnson Inc. Retirement Plan

Scale reading

Ways to act on Axel Johnson Inc. Retirement Plan's numbers.

  • By total assets, Axel Johnson Inc. Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Connecticut. Compare plans
  • Axel Johnson Inc.'s sponsor-wide assets have grown 16.7% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 061600707.

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