Plan Ledger DOL Form 5500 · updated monthly

Axios Media, Inc.401(k)

AXIOS MEDIA, INC. 401(K) PLAN · ARLINGTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Axios Media, Inc. reported $10,349 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,170 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 0.61% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 830th-largest of 2,266 plans among Virginia employers on file, and the 866th of 2,199 in information & media. In 2024, employees put in $1.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,887,758
Participants with balances570
Active participants473
Employer contributions$2,445,247
Employee contributions$4,842,398
Employer contribution per active participant$5,170
Average account balance$45,417
Benefits paid to participants$2,375,982
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$25.9M · 570 accts · $2.4M emplr
2023$16.1M · 563 accts
2022$9.1M · 491 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,349
Total administrative$10,349
The Axios Media, Inc. 401(k) match · 2024
Employer contribution per active participant$5,170
Median for plans this size$2,416

Axios Media, Inc.'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 · 20241
JPMORGAN INVEST HOLDINGS LLC$10,349

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$10,349 · 0.05%
2023$8,469 · 0.07%
2022$48,047 · 0.61%
Same employer
Similar plansInformation & Media · Virginia
Edgeconnex Inc. VA$30.8M · 0.01%
Ultisat Inc. VA$28.2M · 0.20%
Ligado Networks LLC VA$25.1M · 0.01%
Ita International, LLC VA$23.5M · 0.32%
China Telecom Americas VA$22.3M · 0.27%
Snag Holdings, Inc. VA$21.9M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813191723 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.