Plan Ledger DOL Form 5500 · updated monthly

Axxcss Wireless Solutions, Inc.401(k)

AXXCSS WIRELESS SOLUTIONS, INC. EMPLOYEES RETIREMENT 401(K) PLAN · GOLETA, CA · plan year 2022

Reported admin expense ratio · 2022
0.33%

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

Axxcss Wireless Solutions, Inc. reported $70,453 in plan administrative expenses for 2022: 0.33% of average plan assets, above the peer median. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 0.33% to 0.36%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,962nd-largest of 9,483 plans among California employers on file, and the 6,431st of 13,661 in manufacturing.

Plan summary
Net assets, end of year$17,626,115
Participants with balances112
Active participants40
Employer contributions$0
Employee contributions$548,471
Employer contribution per active participant$0
Average account balance$157,376
Benefits paid to participants$4,738,486
Plan auditUnmodified (clean) audit opinion
AuditorMCGOWAN GUNTERMAN
Plan history2
Yearassets · accounts · employer contribution
2023$17.2M · 99 accts
2022$17.6M · 112 accts
Administrative expenses, itemized · 2022
Investment management$61
Total administrative$70,453
The Axxcss Wireless Solutions, Inc. 401(k) match · 2022
Employer contribution per active participant$0
Median for plans this size$2,266

Axxcss Wireless Solutions, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$62,740 · 0.36%
2022$70,453 · 0.33%
Similar plansManufacturing · California
Leemah Electronics, Inc. CA$17.9M · 0.40%
Think Surgical, Inc. CA$17.8M · 0.17%
Targus International LLC CA$17.6M · 0.33%
Micrometals CA$17.5M
Gritstone Bio, Inc. CA$17.5M · 0.49%
Dongalen Enterprises, Inc. CA$17.5M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814623044 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.