Employers › Axcelis Technologies
Recordkeeping fees per participant · Axcelis Technologies, Inc. Long-term Investment Plan · plan year 2024
$108.78
Higher than 94% of the 1,697 plans $250M to 1B that report it.
= $156,758 / 1,441
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250828121206NAL0005541603001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828121206NAL0005541603001, received 2025-08-28
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-28.
Administrative expenses excluding investment management, per participant
$108.78
Higher than 80% of the 2,324 plans $250M to 1B that report it.
= $156,758 / 1,441
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250828121206NAL0005541603001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828121206NAL0005541603001, received 2025-08-28
Administrative expenses per participant
$108.78
Higher than 64% of the 2,405 plans $250M to 1B that report it.
= $156,758 / 1,441
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250828121206NAL0005541603001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828121206NAL0005541603001, received 2025-08-28
Administrative expenses as a share of assets
0.058%
Higher than 39% of the 2,407 plans $250M to 1B that report it.
= $156,758 / $271,238,289
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250828121206NAL0005541603001, received 2025-08-28
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250828121206NAL0005541603001, received 2025-08-28
Employer contributions per participant
$2,339
Higher than 34% of the 2,457 plans $250M to 1B that report it.
= $3,369,918 / 1,441
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250828121206NAL0005541603001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828121206NAL0005541603001, received 2025-08-28
Employer share of total contributions
20.7%
Higher than 17% of the 2,459 plans $250M to 1B that report it.
= $3,369,918 / $16,293,563
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250828121206NAL0005541603001, received 2025-08-28
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250828121206NAL0005541603001, received 2025-08-28
Employer match
“In 2025, 2024 and 2023, we provided an employer match of 50% of employees’ pre-tax contributions on the first 6% of eligible compensation.”
Form 10-K filed 2026-02-26, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250828121206NAL0005541603001, received 2025-08-28
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AXCELIS TECHNOLOGIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Plan name | AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Sponsor EIN / plan number | 34-1818596 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Sponsor location | BEVERLY, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Industry (business code) | 334410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Filing received | 2025-08-28 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Participants, beginning of year | 1,506 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Active participants | 1,041 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Participants, end of year | 1,473 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Participants with an account balance | 1,441 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Total assets, beginning of year | $246,546,907 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Total assets, end of year | $271,238,289 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Net assets, end of year | $271,238,289 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Total income | $54,517,780 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Net income | $24,692,377 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Employer contributions | $3,369,918 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Participant contributions | $12,370,819 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Other contributions (incl. rollovers) | $552,826 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Total contributions | $16,293,563 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Benefit payments | $29,668,645 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Total expenses (incl. benefit payments) | $29,825,403 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Total administrative expenses | $156,758 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Recordkeeping fees | $156,758 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Administrative expenses excluding investment management | $156,758 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Held in common/collective trusts | $20,612,914 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Held in mutual funds | $242,890,736 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250828121206NAL0005541603001, received 2025-08-28 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250828121206NAL0005541603001, received 2025-08-28 |
Position = column in the DOL layout for form year 2024. Filing 20250828121206NAL0005541603001, received 2025-08-28.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | NONE | 64 Recordkeeping fees; 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan | $207,762 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250828121206NAL0005541603001, received 2025-08-28.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $246,546,907 | $271,238,289 | 10.0% |
| Participants with a balance | 1,464 | 1,441 | -1.6% |
| Administrative expenses | $140,855 | $156,758 | 11.3% |
| Recordkeeping fees per participant | $95.94 | $108.78 | 13.4% |
| Employer contributions | $3,433,215 | $3,369,918 | -1.8% |
Prior filing 20241007080159NAL0027014368001, received 2024-10-07; the plan years are contiguous.
Sponsor name as filed: AXCELIS TECHNOLOGIES, INC.; SEC registrant: AXCELIS TECHNOLOGIES INC (CIK 1113232, matched by EIN; display name from the Form 10-K cover).