What are the fees in the Axis Clinicals LLC 401(k) plan?

For plan year 2022, Axis Clinicals LLC reported $8,134 in plan administrative expenses, or 0.82% of average plan assets — below the peer median. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Axis Clinicals LLC 401(k)?

The average participant account balance was $17,633 for plan year 2022, based on 55 accounts.

Axis Clinicals LLC401(k)

Name: Axis Clinicals LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

AXIS CLINICALS RETIREMENT PLAN · DIWORTH, MN · plan year 2022

Reported admin expense ratio · 2022

0.82%

Axis Clinicals LLC reported $8,134 in plan administrative expenses for 2022: 0.82% of average plan assets, below the peer median. 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Minnesota (1,862nd of 1,918), and 11,254th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$969,839
Participants with balances55
Active participants88
Employer contributions—
Employee contributions$170,031
Employer contribution per active participant—
Average account balance$17,633
Benefits paid to participants$55,185
Plan auditUnmodified (clean) audit opinion
AuditorRAM ASSOCIATES

Administrative expenses, itemized · 2022

Investment management$2,370

Professional / advisory$5,764

Total administrative$8,134

What these fees cost you

Your balance

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 history1

2022$8,134 · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300706826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.