Plan Ledger DOL Form 5500 · updated monthly

Axium Packaging, LLC401(k)

AXIUM PLASTICS, LLC 401(K) PLAN · NEW ALBANY, OH · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Axium Packaging, LLC reported $34,494 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $763 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 0.60% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,629th-largest of 3,295 plans among Ohio employers on file, and 7,209th of 13,661 in manufacturing. In 2024, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,603,529
Participants with balances859
Active participants1,809
Employer contributions$1,379,648
Employee contributions$2,585,763
Employer contribution per active participant$763
Average account balance$17,001
Benefits paid to participants$491,899
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$14.6M · 859 accts · $1.4M emplr
2022$4.5M · 243 accts · $731K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,520
Audit (IQPA)$22,974
Total administrative$34,494
The Axium Packaging, LLC 401(k) match · 2024
Employer contribution per active participant$763
Median for plans this size$2,416
2024$763 per active participant
2022$605 per active participant

Axium Packaging, LLC's 2024 employer contribution ran below the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$11,744
RESOURCES INVESTMENT ADVISORS LLC · Recordkeeping · Trustee$11,229
ADP BROKER-DEALERindirect comp

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

Administrative cost history2
2024$34,494 · 0.30%
2022$23,347 · 0.60%
Same employer
Similar plansManufacturing · Ohio
Ssp Fittings Corp. OH$14.6M · 0.42%
Carton Service Csi, LLC OH$14.6M · 0.04%
Aco, Inc. OH$14.6M · 0.41%
Organized Living, Inc. OH$14.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371646363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.