Plan Snapshot
- Plan Sponsor: Axium Packaging, LLC
- Sponsor EIN: 371646363
- Sponsor Address: 9005 SMITHS MILL ROAD NORTH, NEW ALBANY, OH, 43054
- Plan Type: 401(k)
- Total Participants: 1,809
- Total Assets: $14.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 1,809 | $14.6M | $1.4M | $2.6M |
| 2022 | 1,209 | $4.5M | $731,466 | $1.4M |
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 |
|---|---|---|---|---|
| CLARK SCHAEFER HACKETT | Auditor | $22,974 | — | $22,974 |
| ADP, INC. | RECORD KEEPER | $11,744 | — | $11,744 |
| RESOURCES INVESTMENT ADVISORS LLC | ACCOUNTANT | $11,229 | — | $11,229 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- RESOURCES INVESTMENT ADVISORS LLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,947
- Estimated Expense Ratio: 0.315% 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 | $34,494 | — | — | $22,974 | — |
| 2022 | $23,347 | — | $23,347 | — | — |