Plan Ledger DOL Form 5500 · updated monthly

Axes Physical Therapy401(k)

AXES PT RETIREMENT PLAN · OFALLON, MO · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Axes Physical Therapy reported $36,083 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,460 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 rose from 0.21% to 0.70%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (1,035th of 1,393), and 7,359th of 11,911 in health care & social assistance. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has grown from 159 to 232 since 2022.

Plan summary
Net assets, end of year$5,980,590
Participants with balances151
Active participants232
Employer contributions$338,723
Employee contributions$765,714
Employer contribution per active participant$1,460
Average account balance$39,607
Benefits paid to participants$205,704
Plan auditUnmodified (clean) audit opinion
AuditorWOLFF & TAYLOR, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 151 accts · $339K emplr
2023$4.3M · 134 accts · $304K emplr
2022$2.8M · 111 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,008
Investment management$1,975
Total administrative$36,083
The Axes Physical Therapy 401(k) match · 2024
Employer contribution per active participant$1,460
Median for plans this size$1,313
2024$1,460 per active participant
2023$1,575 per active participant
2022$1,484 per active participant

Axes Physical Therapy's 2024 employer contribution ran above the $1,313 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
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$1,980
WELLS FARGO CLEARING SERVICES, LLCindirect comp

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$36,083 · 0.70%
2023$13,443 · 0.38%
2022$5,147 · 0.21%
Similar plansHealth Care & Social Assistance · Missouri
Adapt of America, Inc. MO$6.5M · 0.64%
The Gatesworth MO$6.0M · 0.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475528571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.