Plan Snapshot
- Plan Sponsor: Axios Advisory Group, LLC
- Sponsor EIN: 251722805
- Sponsor Address: 115 VIP DRIVE, WEXFORD, PA, 15090
- Plan Type: 401(k)
- Total Participants: 1,019
- Total Assets: $26.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,019 | $26.5M | $1.4M | $3.3M |
| 2023 | 840 | $19.6M | $1.1M | $2.7M |
| 2022 | 491 | $8.7M | $474,859 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP | INVESTMENT ADVISOR | $132,557 | — | $132,557 |
| APB RETIREMENT | TPA RECORDKEEPER | $106,001 | — | $106,001 |
| MCGILL POWER BELL & ASSOCIATES LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $238,558
- Estimated Expense Ratio: 0.899% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $243,385 | $132,557 | $106,001 | — | — |
| 2023 | $201,690 | $96,002 | $103,464 | — | — |
| 2022 | $68,546 | $32,747 | $35,799 | — | — |