Plan Ledger DOL Form 5500 · updated monthly

Axiom Properties, Inc.401(k)

AXIOM PROPERTIES, INC. 401K PLAN · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Axiom Properties, Inc. reported $56,554 in plan administrative expenses for 2024: 0.58% of average plan assets, above the peer median. Employer contributions averaged $2,419 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 has held roughly steady near 0.58%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Illinois (2,324th of 3,702), and 1,060th of 2,096 in real estate & leasing. In 2024, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 126 to 145 since 2022.

Plan summary
Net assets, end of year$10,755,432
Participants with balances168
Active participants145
Employer contributions$350,758
Employee contributions$594,489
Employer contribution per active participant$2,419
Average account balance$64,020
Benefits paid to participants$388,491
Plan auditUnmodified (clean) audit opinion
AuditorDUFEK & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.8M · 168 accts · $351K emplr
2023$8.9M · 166 accts · $318K emplr
2022$7.0M · 199 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,930
Investment management$2,474
Total administrative$56,554
The Axiom Properties, Inc. 401(k) match · 2024
Employer contribution per active participant$2,419
Median for plans this size$1,313
2024$2,419 per active participant
2023$2,222 per active participant
2022$2,179 per active participant

Axiom Properties, Inc.'s 2024 employer contribution ran above the $1,313 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
JOHN HANCOCK LIFE INS CO · Recordkeeping · Investment management$3,573

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$56,554 · 0.58%
2023$54,983 · 0.69%
2022$42,606 · 0.57%
Similar plansReal Estate & Leasing · Illinois
Marquette Management, Inc. IL$14.1M · 0.56%
Sudler and Company, Inc. IL$11.9M · 0.03%
Francotyp-Postalia Inc IL$10.4M · 0.12%
Bjb Partners, LLC IL$9.9M · 0.23%
Zeller Realty Corporation IL$9.8M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363430541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.