Plan Ledger DOL Form 5500 · updated monthly

Nuaxis LLC dba Nuaxis Innovation401(k)

NUAXIS INNOVATIONS 401(K) PLAN · VIENNA, VA · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Nuaxis LLC dba Nuaxis Innovation reported $102,498 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,517 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 3 years on file its reported administrative ratio has held roughly steady near 0.68%. 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 1,129th-largest of 2,266 plans among Virginia employers on file, and 6,286th of 11,654 in professional & technical services. In 2024, employees put in $3.72 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,277,278
Participants with balances304
Active participants322
Employer contributions$488,556
Employee contributions$1,819,806
Employer contribution per active participant$1,517
Average account balance$53,544
Benefits paid to participants$2,100,672
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 304 accts · $489K emplr
2023$13.8M · 292 accts · $429K emplr
2022$11.4M · 298 accts · $394K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,566
Investment management$60,932
Total administrative$102,498
The Nuaxis LLC dba Nuaxis Innovation 401(k) match · 2024
Employer contribution per active participant$1,517
Median for plans this size$2,416
2024$1,517 per active participant
2023$1,189 per active participant
2022$1,143 per active participant

Nuaxis LLC dba Nuaxis Innovation's 2024 employer contribution ran below 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
ADP, INC. · Loan processing · Recordkeeping$41,566
THE CAPITAL GROUP · Investment advisory (participants) · Investment advisory (plan)$60,932

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

Recordkeeper by year2
2024ADP
2023ADP, THE CAPITAL GROUP

This plan has changed recordkeepers within these filings. If you left Nuaxis LLC dba Nuaxis Innovation before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$102,498 · 0.68%
2023$86,147 · 0.69%
2022$84,270 · 0.70%
Same employer
Similar plansProfessional & Technical Services · Virginia
Alpha Corporation VA$16.3M · 0.11%
Gordon US, LLC VA$16.3M · 0.42%
Citizant, Inc. VA$16.1M · 0.54%
Twd Associates, Inc. VA$16.0M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043608077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.