401(k) · DOL Form 5500 · 2024

Taxbit, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
122
Participants Small participant base
44th
Percentile by assets National rank
$45,513
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Taxbit 401(k) Plan · Sponsored by Taxbit, Inc. · Utah · Professional & Technical Services

$6M in assets, 122 participants

Taxbit, Inc.'s Taxbit 401(k) Plan reported $6M in total assets and 122 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #8,396 in Professional & Technical Services (20,173 peers)

Coverage in Utah

Taxbit 401(k) Plan covers 122 participants in Utah, about 21% of the average Utah filer (state average ~592 per filing). Assets: $6M.

#8,396
in Professional & Technical Services (20,173 peers)
+43.6%
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 2024 · DOL Form 5500

$5,552,563 44th percentile higher than 44% 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

Taxbit 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. Taxbit 401(k) Plan sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Taxbit 401(k) Plan reported participants fell from 219 in the plan year 2023 filing to 122 in the plan year 2024 filing.
  • Taxbit 401(k) Plan end-of-year assets rose from $4M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Taxbit 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 833266436 · Taxbit, Inc. PY 2024 · 401(k)

Taxbit 401(k) Plan · $6M · 122 · 44th

  • BOY $6M
  • BOY 122
  • BOY 44th
  • BOY 401(k)
  • BOY near Taluk Group, Inc. Retirement Plan
  • BOY ind #8396

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$6MTaluk Group, Inc. Retirement PlanTaluk Group, Inc. Retirement…$6MWork'n Gear 401(k) Savings PlanWork'n Gear 401(k) Savings P…$6MOasis Dermatology Group, PLLC 401(k) Retirement PlanOasis Dermatology Group, PLL…$6MGreen Planet 21, Inc. 401(k) PlanGreen Planet 21, Inc. 401(k)…$6M
End-of-year total assets ($M) among Taxbit 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Utah filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$6M
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. -20000020000400006000080000 -202468 Total assets ($B) Participants Taxbit 401(k) Plan, Total assets ($B): 0.005552563 · Participants: 122Taxbit 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Taxbit 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Taxbit 401(k) Plan side-by-side with 3 peers →

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

Outside Utah, the nearest 401(k) by assets is Taluk Group, Inc. Retirement Plan in MN ($6M); by covered participants it is Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Taxbit 401(k) Plan assets move in 2024? ▼
Taxbit 401(k) Plan surged - up 43.6% during 2024, from $4M to $6M. 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 Taluk Group, Inc. Retirement Plan in MN ($6M, 6 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 Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants, $18M 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 833266436.

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.