Plan Ledger DOL Form 5500 · updated monthly

Axis Portable Air LLC401(k)

AXIS PORTABLE AIR 401(K) PLAN · CHANDLER, AZ · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Axis Portable Air LLC reported $5,924 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $2,655 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 1 year on file its reported administrative ratio rose from 0.02% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Arizona (947th of 1,285), and 1,698th of 2,096 in real estate & leasing. In 2024, employees put in $1.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,317,678
Participants with balances297
Active participants295
Employer contributions$783,356
Employee contributions$955,275
Employer contribution per active participant$2,655
Average account balance$11,171
Benefits paid to participants$115,718
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.3M · 297 accts · $783K emplr
2023$1.3M · 128 accts · $140K emplr
Administrative expenses, itemized · 2024
Investment management$5,924
Total administrative$5,924
The Axis Portable Air LLC 401(k) match · 2024
Employer contribution per active participant$2,655
Median for plans this size$1,313
2024$2,655 per active participant
2023$1,053 per active participant

Axis Portable Air LLC's 2024 employer contribution ran above the $1,313 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.

Administrative cost history2
2024$5,924 · 0.26%
2023$278 · 0.02%
Same employer
Similar plansReal Estate & Leasing · Arizona
Inspire Communities, LLC AZ$4.0M · 0.67%
Cohere Life, Inc. AZ$3.1M · 0.93%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 842277735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.