Plan Ledger DOL Form 5500 · updated monthly

Axtella, LLC401(k)

AXTELLA, LLC 401(K) PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Axtella, LLC reported $14,091 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,237 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 0.03% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,203rd-largest of 2,619 plans among Michigan employers on file, and the 731st of 2,534 in administrative & support services. In 2024, employees put in $2.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,068,195
Participants with balances168
Active participants146
Employer contributions$472,634
Employee contributions$1,079,938
Employer contribution per active participant$3,237
Average account balance$95,644
Benefits paid to participants$1,179,109
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.1M · 168 accts · $473K emplr
2023$13.6M · 164 accts · $462K emplr
2022$11.8M · 163 accts · $441K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,579
Investment management$2,512
Total administrative$14,091
The Axtella, LLC 401(k) match · 2024
Employer contribution per active participant$3,237
Median for plans this size$2,416
2024$3,237 per active participant
2023$3,186 per active participant
2022$3,021 per active participant

Axtella, 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
UNITED OF OMAHA · Loan processing · Recordkeeping$2,330
ASCENSUS LLC · Loan processing$9,251

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

Recordkeeper by year2
2024Mutual of Omaha
2023Mutual of Omaha

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

Administrative cost history3
2024$14,091 · 0.10%
2023$5,632 · 0.04%
2022$4,408 · 0.03%
Similar plansAdministrative & Support Services · Michigan
Talascend, LLC MI$18.1M · 0.08%
Bandit Industries, Inc. MI$17.3M · 0.68%
United Physicians, Inc. MI$14.2M · 0.31%
Acro Service Corp MI$13.6M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383627552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.