Plan Ledger DOL Form 5500 · updated monthly

Transaxle LLC401(k)

TRANSAXLE LLC 401(K) PROFIT SHARING PLAN · CINNAMINSON, NJ · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Transaxle LLC reported $40,437 in plan administrative expenses for 2024: 0.43% of average plan assets, below 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 0.04% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Jersey (1,540th of 2,419), and 2,969th of 4,246 in wholesale trade. active participation has shrunk from 252 to 212 since 2022.

Plan summary
Net assets, end of year$9,645,263
Participants with balances254
Active participants212
Employer contributions$0
Employee contributions$273,001
Employer contribution per active participant$0
Average account balance$37,973
Benefits paid to participants$1,187,516
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.6M · 254 accts
2023$9.3M · 429 accts
2022$9.5M · 426 accts · $60K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,989
Investment management$32,448
Total administrative$40,437
The Transaxle LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Transaxle LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
IMA ADVISORY SERVICES INC · Investment advisory (plan)$18,889
TRANSAXLE LLC DBA TRANSAXLE CORP TR · Investment advisory (plan)$13,559

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$40,437 · 0.43%
2023$3,356 · 0.04%
2022Not separately reported
Same employer
Similar plansWholesale Trade · New Jersey
Lts Group, Inc. NJ$10.1M · 0.31%
Well Luck Co., Inc. NJ$9.9M · 0.00%
Team Beans LLC NJ$9.5M · 0.31%
Fgi Industries Inc. NJ$9.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205357782 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.