401(k) · DOL Form 5500 · 2024

Avidxchange, Inc. 401(k) Plan

Data updated 2026-08-25

$120M
Total assets Near avg plan size
1,688
Participants Near avg headcount
92nd
Percentile by assets National rank
$71,359
Avg per participant Below avg balance/head
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Official DOL plan name: Avidxchange, Inc. 401(k) Plan · Sponsored by Avidxchange, Inc. · North Carolina · Professional & Technical Services

$120M in assets, 1,688 participants

Avidxchange, Inc.'s Avidxchange, Inc. 401(k) Plan reported $120M in total assets and 1,688 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • #18,721 in Professional & Technical Services (20,173 peers)

Coverage in North Carolina

Avidxchange, Inc. 401(k) Plan covers 1,688 participants in North Carolina, 2.1x the typical North Carolina plan (state average ~819 per filing). Assets: $120M.

#18,721
in Professional & Technical Services (20,173 peers)
+25.1%
assets growth YoY
1.2×
vs typical plan assets (national mean)

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

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

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

$120,453,910 Top 8% higher than 92% 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

Avidxchange, Inc. 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Avidxchange, Inc. 401(k) Plan lands in the large band (1,688 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Avidxchange, Inc. 401(k) Plan end-of-year assets rose from $96M in the plan year 2023 filing to $120M in the plan year 2024 filing.
  • Avidxchange, Inc. 401(k) Plan reported net income fell from $25M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Avidxchange, Inc. 401(k) Plan reported participants rose from 1,677 in the plan year 2023 filing to 1,688 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 562193588 · Avidxchange, Inc. PY 2024 · 401(k)

Avidxchange, Inc. 401(k) Plan · $120M · 1,688 · 92nd

  • PART $120M
  • PART 1,688
  • PART 92nd
  • PART 401(k)
  • PART near American Israel Public Affairs Committee 401(k) Profit Sharing Plan
  • PART ind #18721

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 North Carolina →

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

Fossil Group, Inc. Savings and Retirement PlanFossil Group, Inc. Savings a…$121MAmerican Israel Public Affairs Committee 401(k) Profit Sharing PlanAmerican Israel Public Affai…$120MAgri-Mark, Inc. Retirement Savings PlanAgri-Mark, Inc. Retirement S…$120MAvidxchange, Inc. 401(k) Plan$120MMckissock 401(k) Plan$120M
End-of-year total assets ($M) among Avidxchange, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$96M
Net Assets (End of Year)$120M
Net Income$24M
Employer EIN562193588
Plan Effective Date2013-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Avidxchange, Inc.)

Sponsor-wide plan assets over time

All Avidxchange, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$120M 68.48439741052992% vs 2022
2024 filing year
$60M$80M$100M$120M$140M 202220232024 $71.5M $120M ▲ +68.5%
Year Plans Participants Total Assets
2022 1 1,714 $71M
2023 1 1,677 $96M
2024 1 1,688 $120M

Nearby 401(k) Plans in North Carolina

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

Avidxchange, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Avidxchange, Inc. 401(k) Plan, Total assets ($B): 0.12045391 · Participants: 1688Avidxchange, Inc. 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Avidxchange, Inc. 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Avidxchange, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside North Carolina, the nearest 401(k) by assets is American Israel Public Affairs Committee 401(k) Profit Sharing Plan in DC ($120M); by covered participants it is Lakeshore Recycling Systems 401(k) Plan in IL (1,688 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($120M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,688 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 Avidxchange, Inc. 401(k) Plan assets move in 2024? ▼
Avidxchange, Inc. 401(k) Plan grew sharply - up 25.1% during 2024, from $96M to $120M. Reported net income was $24M.
How have Avidxchange, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Avidxchange, Inc.'s sponsor-wide assets grew 68.5%, from $71M to $120M.
Where does Avidxchange, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Avidxchange, Inc. 401(k) Plan ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Avidxchange, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is American Israel Public Affairs Committee 401(k) Profit Sharing Plan in DC ($120M, 319 participants).
Which 401(k) plans cover a similar participant headcount to Avidxchange, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Lakeshore Recycling Systems 401(k) Plan in IL (1,688 participants, $28M 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 562193588.

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.