Axcelis Technologies, Inc. 401(k) Plan: Login, Facts & Contact Information

Axcelis Technologies, Inc. 401(k) Plan Facts

Plan name
AXCELIS TECHNOLOGIES, INC. LONG-TERM INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
AXCELIS TECHNOLOGIES, INC.
Participants
1,506 (1,041 active employees)
Former employees with a balance
399
Plan assets
$271,238,289 at Dec 31, 2024
Average account balance
$188,229 across 1,441 accounts
Employer contributions
$3,369,918 in plan year 2024 (21% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2001
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Aug 28, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $16.3 million went into the plan in contributions, $3.37 million of it from the employer (21%).
  • $29.7 million was paid out to participants.
  • Investment and other income added $38.2 million.
  • Administrative expenses were $156,758, about $109 per account.

How the Axcelis Technologies, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,042$179.8 million$1.89 million$12.1 million
2020996$213.2 million$2.00 million$6.60 million
20211,029$250.7 million$2.25 million$7.39 million
20221,109$202.2 million$2.70 million$17.7 million
20231,327$246.5 million$3.43 million$11.1 million
20241,506$271.2 million$3.37 million$29.7 million

Axcelis Technologies, Inc. 401(k) Contact Information

Phone
978-787-4347
Mailing address
108 CHERRY HILL DRIVE, BEVERLY MA 01915
Plan sponsor
AXCELIS TECHNOLOGIES, INC.
Employer identification number (EIN)
34-1818596
Plan number
001

Questions about the Axcelis Technologies, Inc. 401(k)

Does Axcelis Technologies, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.37 million, 21% of all contributions.

Does the Axcelis Technologies, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Axcelis Technologies, Inc 401(k) plan?

1,506 participants at the start of plan year 2024, 1,041 of them active employees, and 399 former employees who still had money in the plan.

What is the average 401(k) balance at Axcelis Technologies, Inc?

About $188,229 per account: $271.2 million in plan assets across 1,441 accounts with a balance at the end of plan year 2024.

Who manages the Axcelis Technologies, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Axcelis Technologies, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 50 APPLIED BANK BOULEVARD SUITE 300, GLEN MILLS, PA, 19342
Headquarter: 7755 MONTGOMERY ROAD SUITE 500, CINCINNATI, OH, 45236
Headquarter: 541 NORTH FAIRBANKS COURT SUITE 1800, CHICAGO, IL, 60611
Headquarter: 11 MADISON AVENUE, FLOOR 8, NEW YORK, NY, 10010
Headquarter: 12010 SUNSET HILLS ROAD, RESTON, VA, 20190