Axios Media, Inc. 401(k) Review & Grade
Axios Media, Inc. 401(k) Plan
Arlington, VAInformation500 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,890Employer $ per active participant
$9,685Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$25.9MNet plan assets, end of year
$45,417Average balance per account
Score breakdown
- Employer generosity40.1 / 5080th percentile for employer $ per participant
- Low cost21.9 / 2588th percentile for low admin cost vs. same-size plans
- Employee saving8.2 / 1555th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score77 / 100 · Grade A
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 80th |
| Lower admin cost | 88th |
| Employee saving | 55th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $87 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Axios Media put in about $4,890 per active participant, more than the typical peer ($2,829). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,445,247 |
| Participant (employee) contributions | $4,842,398 |
| Other contributions (incl. rollovers in) | $1,835,441 |
| Administrative expenses paid from the plan | $10,349 |
| Benefits paid out | $2,375,982 |
| Net assets, start / end of year | $16.1M / $25.9M |
| Active participants, start / end of year | 527 / 473 |
| Participants with account balances | 570 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Bdo USA, P.C |
Largest service providers (Schedule C)
| Jpmorgan Invest Holdings LLC | $10,349 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250724134230NAL0013678018001, received 2025-07-24, EIN 81-3191723, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.