Quantitative data on public and private U.S. companies, extracted and aligned from IRS Form 5500 (ERISA) filings, which cover retirement and welfare benefit plans and can be leveraged as leading indicators of financial health.
Form 5500 series is a reporting and disclosure tool used to satisfy annual reporting requirements by public and private companies in the U.S. for employee benefit plans under ERISA and the Internal Revenue Code.
Form 5500 was jointly developed by the Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC). Employee benefit plans include welfare benefits such as medical, dental, vision, etc. and retirement benefits such as 401Ks and others.
The database is updated monthly.
There is over 6 years of point in time, ticker-mapped historical data available for testing.
The Axiomatic database covers over 1 million U.S. companies, both public and private, that file Form 5500. This includes publicly available, point in time, clean harmonized data on all U.S. public companies that file.
For the historical dataset currently ready for testing, tickers have been mapped to the Russell 3000 universe.
The database is point in time and meticulously harmonized for a significant number of companies filing under multiple EINs.
The data is extracted, ingested and parsed from DOL and IRS every month.
Algorithms are created to harmonize and normalize the data that is across multiple EINs, years, forms, and schedules for consistent insights.
Algorithms are created to clean data, structure data format, identify and treat outliers, treat missing values.
The data does not contain Personally Identifiable Information (PII), is compliant to GDPR, and is not exclusively available to any buy side client.
Six years of point in time historical data has been mapped to Russell 3000 tickers and is available for testing.
Changes to employee benefit plans over time can signal changes in growth rates and overall financial health.
Deceleration in employee benefit contributions and programs can signal payment delinquency and impending stock weakness.
The ability to compare employee benefit plans across all companies and industries (broad coverage) at an extremely high level of granularity.
Form 5500 data being a mandatory government requirement, our firmographics data, such as number of employees participating in a benefit plan, sourced from these filings, is of the highest quality.
Compare and benchmark employee benefit plans across all US private companies, including private equity and venture capital portfolios.
Either CSV or JSON.
The data is delivered on the second Monday of each month.