Plan Snapshot
- Plan Sponsor: Axos Financial, INC.
- Sponsor EIN: 330867444
- Sponsor Address: 4350 LA JOLLA VILLAGE DRIVE, SAN DIEGO, CA, 921221244
- Plan Type: 401(k)
- Total Participants: 1,683
- Total Assets: $127.3M
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 | 1,683 | $127.3M | $4.0M | $14.0M |
| 2023 | 1,516 | $92.9M | $4.0M | $11.5M |
| 2022 | 1,346 | $65.2M | $3.6M | $9.7M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $242,521 | — | $242,521 |
| CAMBRIDGE INVESTMENT RESEARCH ADVIS | INVESTMENT ADVISORY | — | $42,500 | $42,500 |
| ASCENSUS | OTHER SERVICES | — | $6,045 | $6,045 |
| CBIZ CPAS P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASCENSUS — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $291,066
- Estimated Expense Ratio: 0.229% 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 | $242,522 | — | $242,522 | — | — |
| 2023 | $173,765 | — | $173,765 | — | — |
| 2022 | $186,924 | — | $186,924 | — | — |