Plan Ledger DOL Form 5500 · updated monthly

Axion Logistics, LLC401(k)

AXION LOGISTICS, LLC 401(K) PLAN · PASADENA, TX · plan year 2024

Reported admin expense ratio · 2024
1.24%

Axion Logistics, LLC reported $25,120 in plan administrative expenses for 2024: 1.24% of average plan assets, higher than ~90% of peers. 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 rose from 0.49% to 1.24%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,835th of 5,688), and 12,727th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,211,056
Participants with balances140
Active participants372
Employer contributions—
Employee contributions$241,581
Employer contribution per active participant—
Average account balance$15,793
Benefits paid to participants$143,793
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.2M · 140 accts
2023$1.8M · 154 accts
2022$1.4M · 172 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,705
Investment management$415
Total administrative$25,120
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 INSURANCE COMPANY · Recordkeeping · Investment management$23,740

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$25,120 · 1.24%
2023$23,916 · 1.46%
2022$7,599 · 0.49%
Same employer
Similar plansManufacturing · Texas
Stanpac USA, LLC TX$2.2M · 1.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760689009 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.