Plan Ledger DOL Form 5500 · updated monthly

Axens North America, Inc.401(k)

AXENS NORTH AMERICA, INC. PENSION SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Axens North America, Inc. reported $84,895 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $8,372 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 2 years on file its reported administrative ratio fell from 0.34% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 863rd-largest of 5,688 plans among Texas employers on file, and the 2,131st of 11,654 in professional & technical services. In 2024, employees put in $1.46 for every $1.00 the employer contributed; active participation has grown from 214 to 240 since 2022.

Plan summary
Net assets, end of year$67,451,968
Participants with balances288
Active participants240
Employer contributions$2,009,174
Employee contributions$2,937,385
Employer contribution per active participant$8,372
Average account balance$234,208
Benefits paid to participants$5,460,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.5M · 288 accts · $2.0M emplr
2023$58.9M · 291 accts · $1.9M emplr
2022$50.2M · 276 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$84,845
Trustee / custodial$50
Total administrative$84,895
The Axens North America, Inc. 401(k) match · 2024
Employer contribution per active participant$8,372
Median for plans this size$3,635
2024$8,372 per active participant
2023$7,926 per active participant
2022$8,074 per active participant

Axens North America, Inc.'s 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GALLAGHER FIDUCIARY ADVISORS, LLC · Investment advisory (plan)$75,839
SENTINEL BENEFITS GROUP, LLC · Contract administrator$11,509

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

Administrative cost history3
2024$84,895 · 0.13%
2023$86,916 · 0.16%
2022$184,651 · 0.34%
Same employer
Similar plansProfessional & Technical Services · Texas
Bggmc, LLC TX$70.0M · 0.09%
Porter Hedges LLP TX$66.3M · 0.04%
American Campus Communities TX$65.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133529567 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.