Plan Ledger DOL Form 5500 · updated monthly

Axis Global Systems LLC dba Axis Global Logistics401(k)

AXIS GLOBAL LOGISTICS 401(K) PLAN · EAST RUTHERFORD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.74%

Axis Global Systems LLC dba Axis Global Logistics reported $30,956 in plan administrative expenses for 2024: 0.74% of average plan assets, above 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.

Across the 2 years on file its reported administrative ratio rose from 0.68% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,936th of 2,419), and 10,031st of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,390,640
Participants with balances153
Active participants188
Employer contributions—
Employee contributions$534,405
Employer contribution per active participant—
Average account balance$28,697
Benefits paid to participants$682,708
Plan auditUnmodified (clean) audit opinion
AuditorFRENDEL BROWN & WEISSMAN LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 153 accts
2023$4.0M · 169 accts
2022$3.0M · 158 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,956
Total administrative$30,956
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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$30,956
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$30,956 · 0.74%
2023$24,584 · 0.70%
2022$22,318 · 0.68%
Same employer
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Pro Computer Service, LLC NJ$4.3M · 1.28%
Mbs Highway, LLC NJ$4.2M · 0.70%
Smartly, Inc. NJ$4.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133957893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.