Plan Ledger DOL Form 5500 · updated monthly

Axient, LLC401(k)

AXIENT 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Axient, LLC reported $277,414 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $7,700 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 0.15% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 29th-largest of 902 plans among Alabama employers on file, and the 532nd of 11,654 in professional & technical services. In 2024, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$318,773,869
Participants with balances2,679
Active participants1,796
Employer contributions$13,829,711
Employee contributions$23,152,824
Employer contribution per active participant$7,700
Average account balance$118,990
Benefits paid to participants$56,804,589
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$318.8M · 2,679 accts · $13.8M emplr
2023$291.1M · 2,712 accts · $14.1M emplr
2022$236.5M · 2,563 accts · $14.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,603
Investment management$226,732
Total administrative$277,414
The Axient, LLC 401(k) match · 2024
Employer contribution per active participant$7,700
Median for plans this size$4,294
2024$7,700 per active participant
2023$6,927 per active participant
2022$7,573 per active participant

Axient, LLC's 2024 employer contribution ran above the $4,294 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 · 20241
USI CONSULTING GROUP · Claims processing · Recordkeeping$277,335

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

Recordkeeper by year2
2024USI Consulting
2023USI Consulting

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$277,414 · 0.09%
2023$260,380 · 0.10%
2022$242,990 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Alabama
Erc, Inc. AL$358.9M · 0.14%
Carr, Riggs & Ingram, LLC AL$328.2M · 0.05%
Balch & Bingham LLP AL$314.9M · 0.07%
Colsa Corporation AL$277.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 631055760 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.