Plan Ledger DOL Form 5500 · updated monthly

Traxys North America LLC401(k)

TRAXYS NORTH AMERICA LLC 401(K) AND PROFIT SHARING PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Traxys North America LLC reported $117,630 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $17,525 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 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,392nd-largest of 5,648 plans among New York employers on file, and the 1,720th of 4,798 in finance & insurance. In 2024, the employer put in $1.31 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$48,327,660
Participants with balances163
Active participants134
Employer contributions$2,348,403
Employee contributions$1,791,957
Employer contribution per active participant$17,525
Average account balance$296,489
Benefits paid to participants$5,826,722
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$48.3M · 163 accts · $2.3M emplr
2023$43.3M · 171 accts · $2.5M emplr
2022$35.3M · 176 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,674
Audit (IQPA)$23,500
Total administrative$117,630
The Traxys North America LLC 401(k) match · 2024
Employer contribution per active participant$17,525
Median for plans this size$2,416
2024$17,525 per active participant
2023$19,421 per active participant
2022$17,434 per active participant

Traxys North America LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
MORGAN STANLEY · Investment advisory (participants)$56,034
PKF O'CONNER · Accounting / audit$23,500
FIDELITY INVESTMENTS INSTITUATIONAL · Loan processing$21,675
THE BENEFIT PRACTICE · Consulting$16,054

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$117,630 · 0.26%
2023$116,045 · 0.30%
2022$97,508 · 0.25%
Same employer
Similar plansFinance & Insurance · New York
Marex North America LLC NY$48.2M · 0.00%
Dexia Holdings, Inc. NY$48.0M · 0.16%
M&T Bank Corporation NY$46.6M · 0.02%
Evo Merchant Services, LLC NY$45.8M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205425335 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.