Plan Ledger DOL Form 5500 · updated monthly

Axway Inc.401(k)

AXWAY INC. 401(K) PLAN · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Axway Inc. reported $109,055 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,709 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 0.16% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 132nd-largest of 1,285 plans among Arizona employers on file, and the 347th of 2,199 in information & media. In 2024, employees put in $3.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$87,425,914
Participants with balances518
Active participants362
Employer contributions$1,342,622
Employee contributions$4,860,945
Employer contribution per active participant$3,709
Average account balance$168,776
Benefits paid to participants$8,267,764
Plan auditUnmodified (clean) audit opinion
AuditorBEACHFLEISCHMAN
Plan history3
Yearassets · accounts · employer contribution
2024$87.4M · 518 accts · $1.3M emplr
2023$78.2M · 538 accts · $1.2M emplr
2022$65.9M · 556 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,369
Investment management$64,686
Total administrative$109,055
The Axway Inc. 401(k) match · 2024
Employer contribution per active participant$3,709
Median for plans this size$3,635
2024$3,709 per active participant
2023$3,760 per active participant
2022$3,872 per active participant

Axway Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,374
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$44,500
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,686

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$109,055 · 0.13%
2023$102,626 · 0.14%
2022$111,743 · 0.16%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 860834866 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.