Plan Ledger DOL Form 5500 · updated monthly

Axiscare Health Logistics, Inc.Profit-sharing plan

AXISCARE HEALTH LOGISTICS PR RETIREMENT PLAN · DORADO, PR · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Axiscare Health Logistics, Inc. reported $22,792 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $651 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 0.89% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in PR (214th of 323), and 9,003rd of 11,911 in health care & social assistance. In 2024, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 194 to 219 since 2022.

Plan summary
Net assets, end of year$3,356,588
Participants with balances260
Active participants219
Employer contributions$142,565
Employee contributions$270,169
Employer contribution per active participant$651
Average account balance$12,910
Benefits paid to participants$108,805
Plan auditUnmodified (clean) audit opinion
AuditorAQUINO, DE CORDOVA, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.4M · 260 accts · $143K emplr
2023$2.7M · 237 accts · $141K emplr
2022$2.0M · 201 accts · $139K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,566
Investment management$10,226
Total administrative$22,792
Employer contributions to the Axiscare Health Logistics, Inc. plan · 2024
Employer contribution per active participant$651
Median for plans this size$1,313
2024$651 per active participant
2023$666 per active participant
2022$717 per active participant

Axiscare Health Logistics, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
BENEFIT PLANS ADMIN SERVICES, INC · Recordkeeping · Custodial (securities)$12,566
UBS FINANCIAL SERVICES, INC. · Investment advisory (participants) · Investment advisory (plan)$10,226
BPAS TRUST COMPANY OF PUERTO RICO · Trustee (directed)indirect comp

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

Recordkeeper by year2
2024BENEFIT PLANS ADMIN SERVICES, INC
2023BENEFIT PLANS ADMIN SERVICES, INC

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

Administrative cost history3
2024$22,792 · 0.75%
2023$17,289 · 0.73%
2022$18,526 · 0.89%
Same employer
Similar plansHealth Care & Social Assistance · PR

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Source: U.S. Department of Labor, Form 5500 series, EIN 141852712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.