Plan Ledger DOL Form 5500 · updated monthly

Axiom Software Laboratories, Inc.401(k)

AXIOM SOFTWARE LABORATORIES, INC. 401(K) PROFIT SHARING PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Axiom Software Laboratories, Inc. reported $12,054 in plan administrative expenses for 2022: 0.11% of average plan assets, below the peer median. Employer contributions averaged $0 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New York (3,561st of 5,648), and 7,881st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$10,362,521
Participants with balances128
Active participants123
Employer contributions$0
Employee contributions$1,405,279
Employer contribution per active participant$0
Average account balance$80,957
Benefits paid to participants$838,106
Plan auditUnmodified (clean) audit opinion
AuditorPATRICK BUZARELLOS KENDRICK
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$10.4M · 128 accts
Administrative expenses, itemized · 2022
Investment management$763
Total administrative$12,054
The Axiom Software Laboratories, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Axiom Software Laboratories, Inc.'s 2022 employer contribution ran below the $2,266 median for plans its size, in the bottom 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$12,054 · 0.11%
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Source: U.S. Department of Labor, Form 5500 series, EIN 133609835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.