Plan Ledger DOL Form 5500 · updated monthly

Axis Residential, LLC401(k)

AXIS RESIDENTIAL RETIREMENT PLAN · SPOKANE, WA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Axis Residential, LLC reported $4,246 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,448 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 0.39% to 0.24%. 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 Washington (1,560th of 1,714), and 1,844th of 2,096 in real estate & leasing. In 2024, employees put in $1.21 for every $1.00 the employer contributed; active participation has grown from 122 to 164 since 2022.

Plan summary
Net assets, end of year$2,093,020
Participants with balances233
Active participants164
Employer contributions$401,533
Employee contributions$486,118
Employer contribution per active participant$2,448
Average account balance$8,983
Benefits paid to participants$485,541
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 233 accts · $402K emplr
2023$1.5M · 202 accts · $276K emplr
2022$641K · 145 accts · $230K emplr
Administrative expenses, itemized · 2024
Investment management$4,246
Total administrative$4,246
The Axis Residential, LLC 401(k) match · 2024
Employer contribution per active participant$2,448
Median for plans this size$1,313
2024$2,448 per active participant
2023$2,121 per active participant
2022$1,886 per active participant

Axis Residential, 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.

Service providers · 20243
THE VANGUARD GROUP · Recordkeeping · Investment management$5,755
POWERS STROMBERG PENSION CONSULTING · Plan administrator$9,586
SOUND CONSULTING SERVICE · Pension consulting$4,246

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$4,246 · 0.24%
2023Not separately reported
2022$1,816 · 0.39%
Same employer
Similar plansReal Estate & Leasing · Washington
Tecton Corporation WA$1.7M · 0.18%
Quantum Residential, Inc. WA$1.6M · 3.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 862048471 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.