Plan Ledger DOL Form 5500 · updated monthly

Axiom U.S. Payroll Parent, LLC.401(k)

STRADA 401(K) PLAN · THE WOODLANDS, TX · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Axiom U.S. Payroll Parent, LLC. reported $7,175 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,618 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 $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,037th-largest of 5,688 plans among Texas employers on file, and the 2,707th of 11,654 in professional & technical services. In 2024, employees put in $2.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$51,215,105
Participants with balances1,567
Active participants1,848
Employer contributions$2,990,205
Employee contributions$6,866,544
Employer contribution per active participant$1,618
Average account balance$32,684
Benefits paid to participants$334,160
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,175
Total administrative$7,175
The Axiom U.S. Payroll Parent, LLC. 401(k) match · 2024
Employer contribution per active participant$1,618
Median for plans this size$3,635

Axiom U.S. Payroll Parent, LLC.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ALIGHT SOLUTIONS LLC · Recordkeeping$7,175

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

Administrative cost history1
2024$7,175 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Texas
July Business Services TX$52.9M · 1.02%
Onesource Virtual, Inc. TX$52.0M · 0.13%
Pgal, Inc. TX$49.4M · 0.10%
De Corp. TX$49.1M · 0.06%
Emburse, Inc. TX$48.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 992686628 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.