Plan Ledger DOL Form 5500 · updated monthly

Axelgaard Manufacturing Co., LTD.401(k)

AXELGAARD MANUFACTURING CO., LTD. 401(K) PLAN · FALLBROOK, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Axelgaard Manufacturing Co., LTD. reported $8,130 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,448 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 3 years on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (4,856th of 9,483), and 7,850th of 13,661 in manufacturing. In 2024, employees put in $3.21 for every $1.00 the employer contributed; active participation has shrunk from 133 to 112 since 2022.

Plan summary
Net assets, end of year$12,570,563
Participants with balances110
Active participants112
Employer contributions$162,168
Employee contributions$520,656
Employer contribution per active participant$1,448
Average account balance$114,278
Benefits paid to participants$775,566
Plan auditUnmodified (clean) audit opinion
AuditorMILLER, KAPLAN & ARASE, LLP
Plan history4
Yearassets · accounts · employer contribution
2025$12.2M · 107 accts · $167K emplr
2024$12.6M · 110 accts · $162K emplr
2023$10.9M · 109 accts · $167K emplr
2022$8.8M · 117 accts · $157K emplr
Administrative expenses, itemized · 2024
Investment management$8,449
Total administrative$8,130
The Axelgaard Manufacturing Co., LTD. 401(k) match · 2024
Employer contribution per active participant$1,448
Median for plans this size$2,416
2025$1,605 per active participant
2024$1,448 per active participant
2023$1,535 per active participant
2022$1,177 per active participant

Axelgaard Manufacturing Co., LTD.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,449
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history4
2025$8,040 · 0.06%
2024$8,130 · 0.07%
2023$4,934 · 0.05%
2022$6,983 · 0.07%
Same employer
Similar plansManufacturing · California
Astech Holdco, LLC CA$12.9M · 0.30%
Horizon Food Group, Inc. CA$12.7M · 0.10%
Hughes Circuits CA$12.5M · 0.28%
Kings Oil Tools, Inc. CA$12.5M · 0.58%
Merical, Inc. CA$12.4M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330162267 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.