401(k) · DOL Form 5500 · 2024

Akal Security, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
N/A
Participants Small participant base
50th
Percentile by assets National rank
PlainRetire home → About this data RSS: change history

Official DOL plan name: Akal Inc. 401(k) Plan · Sponsored by Akal Security, Inc. · New Mexico · Administrative & Support Services

$8M in assets, N/A participants

Akal Security, Inc.'s Akal Inc. 401(k) Plan reported $8M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 50th 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.

  • #3,092 in Administrative & Support Services (4,368 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Akal Inc. 401(k) Plan ranks #3,092 of 4,368 2024 filers by assets (383% of the sector average)-$8M for N/A participants.

#3,092
in Administrative & Support Services (4,368 peers)
-13.7%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Akal Inc. 401(k) Plan's mid-pack asset rank among Administrative & Support Services and all filers

Akal Inc. 401(k) Plan vs every filed plan by assets

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

$7,528,313 Top 50% higher than 50% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Akal Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2023 filing to -$1M in the plan year 2024 filing.
  • Akal Inc. 401(k) Plan end-of-year assets fell from $9M in the plan year 2023 filing to $8M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 850279473 · Akal Security, Inc. PY 2024 · 401(k)

Akal Inc. 401(k) Plan · $8M · N/A · 50th

  • PART $8M
  • PART N/A
  • PART 50th
  • PART 401(k)
  • PART near Titan 401(k) Plan
  • PART ind #3092

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 Administrative & Support Services retirement plans → · Plans in New Mexico →

Akal Inc. 401(k) Plan in the asset neighbourhood

Akal Inc. 401(k) Plan$8MTitan 401(k) Plan$8MDecathlon Capital Management 401(k) PlanDecathlon Capital Management…$8MPlanet Payment, Inc. 401(k) PlanPlanet Payment, Inc. 401(k) …$8MCity Credit Union 401(k) Retirement Savings PlanCity Credit Union 401(k) Ret…$8M
End-of-year total assets ($M) among Akal Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$8M
Net Income-$1M
Employer EIN850279473
Plan Effective Date1997-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Akal Security, Inc.)

Sponsor-wide plan assets over time

All Akal Security, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 29.97576693019847% vs 2022
2024 filing year
$7M$8M$9M$10M$11M$12M 202220232024 $10.8M $7.53M ▼ -30.0%
Year Plans Participants Total Assets
2022 1 6 $11M
2023 1 N/A $9M
2024 1 N/A $8M

Nearby 401(k) Plans in New Mexico

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

Akal Inc. 401(k) Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -202468 Total assets ($B) Participants Akal Inc. 401(k) Plan, Total assets ($B): 0.007528313 · Participants: 0Akal Inc. 401(k) PlanNtess Savings and Income Plan, Total assets ($B): 7.248575896 · Participants: 15926Ntess Savings and Income PlanTriad 401(k) Retirement Plan, Total assets ($B): 2.492057254 · Participants: 11744Triad 401(k) Retirement PlanTriad 401(k) Savings Plan, Total assets ($B): 0.899933857 · Participants: 2058Triad 401(k) Savings PlanTxnm Energy, Inc. Retirement Savings Plan, Total assets ($B): 0.826572097 · Participants: 1631Txnm Energy, Inc. Retirement Savings PlanApplied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust, Total assets ($B): 0.647938985 · Participants: 2218Applied Research Associates, Inc. 401(k) Profit Sharing Plan & Trust
Akal Inc. 401(k) Plan vs. nearby 401(k) plans in New Mexico, assets vs. participants

Akal Inc. 401(k) Plan's closest out-of-state 401(k) peers by assets

Outside New Mexico, the nearest 401(k) by end-of-year assets is Titan 401(k) Plan in CA at $8M (this filing: $8M).

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

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 Akal Inc. 401(k) Plan assets move in 2024?
Akal Inc. 401(k) Plan pulled back noticeably - down 13.7% during 2024, from $9M to $8M. Reported net income was -$1M.
How have Akal Security, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Akal Security, Inc.'s sponsor-wide assets declined 30.0%, from $11M to $8M.
Which 401(k) plans are similar in size to Akal Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Titan 401(k) Plan in CA ($8M, 152 participants).