Plan Ledger DOL Form 5500 · updated monthly

Axle Logistics, LLC401(k)

AXLE LOGISTICS 401(K) PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Axle Logistics, LLC reported $1,492 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,321 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 0.06% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 697th-largest of 1,496 plans among Tennessee employers on file, and the 931st of 2,677 in transportation & warehousing. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 298 to 488 since 2022.

Plan summary
Net assets, end of year$14,339,082
Participants with balances490
Active participants488
Employer contributions$1,620,623
Employee contributions$2,585,013
Employer contribution per active participant$3,321
Average account balance$29,263
Benefits paid to participants$727,845
Plan auditUnmodified (clean) audit opinion
AuditorPUGH & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$14.3M · 490 accts · $1.6M emplr
2023$9.4M · 299 accts · $1.2M emplr
2022$4.9M · 208 accts · $980K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,492
Total administrative$1,492
The Axle Logistics, LLC 401(k) match · 2024
Employer contribution per active participant$3,321
Median for plans this size$2,416
2024$3,321 per active participant
2023$2,728 per active participant
2022$3,288 per active participant

Axle Logistics, 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 · 20244
THE TRUST COMPANY OF TENNESSEE INC · Claims processing · Custodial (securities)$887
RATHER & KITTRELL INC · Investment advisory (plan)$23,480
TENNESSEE PENSION ADMINISTRATORS · Contract administrator$3,100

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

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE INC
2023THE TRUST COMPANY OF TENNESSEE INC

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

Administrative cost history3
2024$1,492 · 0.01%
2023$2,078 · 0.03%
2022$2,352 · 0.06%
Same employer
Similar plansTransportation & Warehousing · Tennessee
Ozark Motor Lines, Inc TN$17.6M · 0.21%
Ascend Leasing, LLC TN$14.4M · 1.43%
Steam Logistics, LLC TN$11.9M · 0.18%
Hines Furlong Line, Inc. TN$11.5M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453721728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.