Plan Ledger DOL Form 5500 · updated monthly

Axxess Consult, Inc.401(k)

AXXESS CONSULT, INC. 401(K) PROFIT SHARING PLAN AND TRUST · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Axxess Consult, Inc. reported $59,328 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $2,741 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 rose from 0.20% to 0.45%. 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 2,407th-largest of 5,688 plans among Texas employers on file, and 6,517th of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,247,384
Participants with balances281
Active participants314
Employer contributions$860,706
Employee contributions$1,987,078
Employer contribution per active participant$2,741
Average account balance$54,261
Benefits paid to participants$1,582,453
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 281 accts · $861K emplr
2023$11.3M · 275 accts · $762K emplr
2022$6.4M · 228 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,233
Investment management$26,830
Total administrative$59,328
The Axxess Consult, Inc. 401(k) match · 2024
Employer contribution per active participant$2,741
Median for plans this size$2,416
2024$2,741 per active participant
2023$2,282 per active participant
2022$1,908 per active participant

Axxess Consult, Inc.'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 · 20243
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$26,830
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,132
FORVIS, LLP · Accounting / audit$12,365

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$59,328 · 0.45%
2023$14,844 · 0.17%
2022$12,694 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Texas
Evisions, LLC TX$15.3M · 0.23%
Versa Integrity Group, Inc. TX$15.3M · 0.37%
Spycloud, Inc. TX$15.3M · 0.02%
Praecipio Consulting, LLC TX$15.3M · 0.32%
Brock Solutions U.S. Inc. TX$15.0M · 0.26%
Quick Technologies, Inc. TX$14.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320200143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.