Plan Ledger DOL Form 5500 · updated monthly

Axiom Professionals, LLC401(k)

AXIOM MEDICAL CONSULTING, LLC 401(K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Axiom Professionals, LLC reported $81,622 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,762 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 0.76% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,600th-largest of 5,688 plans among Texas employers on file, and 6,953rd of 11,654 in professional & technical services. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has shrunk from 204 to 142 since 2022.

Plan summary
Net assets, end of year$13,506,128
Participants with balances361
Active participants142
Employer contributions$676,196
Employee contributions$1,036,938
Employer contribution per active participant$4,762
Average account balance$37,413
Benefits paid to participants$2,474,765
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 361 accts · $676K emplr
2023$11.9M · 517 accts · $735K emplr
2022$10.1M · 324 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,197
Investment management$42,425
Total administrative$81,622
The Axiom Professionals, LLC 401(k) match · 2024
Employer contribution per active participant$4,762
Median for plans this size$2,416
2024$4,762 per active participant
2023$5,291 per active participant
2022$5,646 per active participant

Axiom Professionals, LLC's 2024 employer contribution ran above the $2,416 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
STYRE RETIREMENT · Investment advisory (plan)$42,425
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$39,197

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$81,622 · 0.64%
2023$74,318 · 0.68%
2022$81,403 · 0.76%
Same employer
Similar plansProfessional & Technical Services · Texas
Mastek, Inc. TX$13.6M · 1.01%
Rev.com, Inc. TX$13.5M · 0.19%
Point of Rental, Inc. TX$13.4M · 0.17%
Grantworks, Inc TX$13.4M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454268592 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.