Axh Air-Coolers, LLC 401(k) Review & Grade
Axh Air-Coolers 401(k) Retirement Plan
Tulsa, OKWholesale Trade567 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$2,512Employer $ per active participant
$3,117Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$49.3MNet plan assets, end of year
$84,071Average balance per account
Score breakdown
- Employer generosity33.0 / 5066th percentile for employer $ per participant
- Low cost21.0 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving3.5 / 1524th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score56 / 100 · Grade C
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 66th |
| Lower admin cost | 84th |
| Employee saving | 24th |
| Peers that auto-enroll | 53% |
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Red flags from the filing
Auditor disclaimer: the auditor issued a disclaimer of opinion.
What to do if you're in this plan
- Axh Air-Coolers put in about $2,512 per active participant, more than the typical peer ($1,792). 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.
- 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 | $1,424,231 |
| Participant (employee) contributions | $1,767,103 |
| Other contributions (incl. rollovers in) | $275,239 |
| Administrative expenses paid from the plan | $25,413 |
| Contract administrator fees | $25,413 |
| Benefits paid out | $2,475,056 |
| Net assets, start / end of year | $33.3M / $49.3M |
| Active participants, start / end of year | 544 / 590 |
| Participants with account balances | 587 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | CCK Strategies, PLLC |
Largest service providers (Schedule C)
| Wjpr Cpas | $25,413 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015193933NAL0011257618001, received 2025-10-15, EIN 83-0414744, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.