Plan Ledger DOL Form 5500 · updated monthly

Axa Group Operations Americas Inc.401(k)

AXA GROUP OPERATIONS AMERICAS INC.401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.09%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Axa Group Operations Americas Inc. reported $124,496 in plan administrative expenses for 2023: 0.09% of average plan assets, below the peer median. Employer contributions averaged $23,343 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.07% to 0.09%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other finance & insurance employers. By assets it is the 591st-largest of 5,648 plans among New York employers on file, and the 736th of 4,798 in finance & insurance. In 2023, employees put in $1.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$149,377,714
Participants with balances343
Active participants175
Employer contributions$4,084,957
Employee contributions$4,430,431
Employer contribution per active participant$23,343
Average account balance$435,504
Benefits paid to participants$11,952,463
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$149.4M · 343 accts · $4.1M emplr
2022$119.5M · 398 accts · $3.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$47,552
Investment management$76,944
Total administrative$124,496
The Axa Group Operations Americas Inc. 401(k) match · 2023
Employer contribution per active participant$23,343
Median for plans this size$3,659
2023$23,343 per active participant
2022$15,991 per active participant

Axa Group Operations Americas Inc.'s 2023 employer contribution ran above the $3,659 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$65,239
SAGE ADVISORY GROUP · Investment management$72,816
CBIZ CPAS P.C. · Accounting / audit$22,573
CHARLES SCHWAB & CO., INC. · Securities brokerage$699

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$124,496 · 0.09%
2022$96,639 · 0.07%
Same employer
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Mbia Inc. NY$159.0M
Marketaxess Corporation NY$149.3M · 0.00%
Oscar Management Corporation NY$145.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834180385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.