Plan Ledger DOL Form 5500 · updated monthly

Axle Informatics, LLC401(k)

AXLE RETIREMENT PLAN · NORTH BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Axle Informatics, LLC reported $29,538 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,592 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 0.14% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 414th-largest of 1,671 plans among Maryland employers on file, and the 3,575th of 11,654 in professional & technical services. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 448 to 759 since 2022.

Plan summary
Net assets, end of year$36,298,174
Participants with balances707
Active participants759
Employer contributions$2,726,071
Employee contributions$5,344,381
Employer contribution per active participant$3,592
Average account balance$51,341
Benefits paid to participants$2,637,093
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.3M · 707 accts · $2.7M emplr
2023$24.4M · 556 accts · $2.1M emplr
2022$14.8M · 444 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,959
Investment management$11,579
Total administrative$29,538
The Axle Informatics, LLC 401(k) match · 2024
Employer contribution per active participant$3,592
Median for plans this size$2,416
2024$3,592 per active participant
2023$3,864 per active participant
2022$3,775 per active participant

Axle Informatics, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$18,550
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,579

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$29,538 · 0.10%
2023$13,439 · 0.07%
2022$18,206 · 0.14%
Same employer
Similar plansProfessional & Technical Services · Maryland
Phillips Corporation MD$36.8M · 0.19%
X Energy, LLC MD$36.7M · 0.23%
Precigen, Inc. MD$36.5M · 0.03%
Mori Associates, Inc. MD$35.5M · 0.24%
Intelligenesis LLC MD$35.4M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721533966 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.