Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Axonics
Axonics 401(k)
- Manufacturing
- Irvine, CA
- EIN 45-4744083
- 1 plan with Schedule H financials
- Plan year 2024
- Axonics, Inc.
- filed as Axonics Modulation Technologies, Inc.
Administrative expenses excluding investment management, per participant · Axonics Modulation Technologies Inc 401(k) Plan · plan year 2024
$5.25
Higher than 3% of the 8,758 plans $50 to 250M that report it.
Source
= $4,620 / 880
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924174201NAL0009536211001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924174201NAL0009536211001, received 2025-09-24
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-24.
Cost and contributions
Administrative expenses per participant
$5.25
Higher than 2% of the 9,042 plans $50 to 250M that report it.
Source
= $4,620 / 880
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924174201NAL0009536211001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924174201NAL0009536211001, received 2025-09-24
Administrative expenses as a share of assets
0.007%
Higher than 4% of the 9,049 plans $50 to 250M that report it.
Source
= $4,620 / $62,926,458
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924174201NAL0009536211001, received 2025-09-24
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250924174201NAL0009536211001, received 2025-09-24
Employer contributions per participant
$5,061
Higher than 77% of the 9,105 plans $50 to 250M that report it.
Source
= $4,453,927 / 880
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924174201NAL0009536211001, received 2025-09-24
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924174201NAL0009536211001, received 2025-09-24
Employer share of total contributions
28.9%
Higher than 48% of the 9,112 plans $50 to 250M that report it.
Source
= $4,453,927 / $15,421,667
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924174201NAL0009536211001, received 2025-09-24
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924174201NAL0009536211001, received 2025-09-24
Plan terms, as stated in Axonics, Inc.'s SEC filings
Plan terms are described in Axonics, Inc.'s SEC filings: Form 10-K filed 2024-02-29. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 3D IRS pre-approved plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250924174201NAL0009536211001, received 2025-09-24
Full record, Axonics Modulation Technologies Inc 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AXONICS MODULATION TECHNOLOGIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Plan name | AXONICS MODULATION TECHNOLOGIES INC 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Sponsor EIN / plan number | 45-4744083 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Sponsor location | IRVINE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Industry (business code) | 339110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Filing received | 2025-09-24 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Participants, beginning of year | 958 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Active participants | 823 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Participants, end of year | 1,035 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Participants with an account balance | 880 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Total assets, beginning of year | $43,733,186 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Total assets, end of year | $62,926,458 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Net assets, end of year | $62,926,458 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Total income | $22,961,146 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Net income | $19,193,272 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Employer contributions | $4,453,927 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Participant contributions | $9,734,834 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Other contributions (incl. rollovers) | $1,232,906 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Total contributions | $15,421,667 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Benefit payments | $3,763,254 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Total expenses (incl. benefit payments) | $3,767,874 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Total administrative expenses | $4,620 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Contract administrator fees | $4,620 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Administrative expenses excluding investment management | $4,620 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Held in mutual funds | $60,685,964 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250924174201NAL0009536211001, received 2025-09-24 |
| Independent auditor | KIECKHAFER SCHIFFER LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250924174201NAL0009536211001, received 2025-09-24 |
Position = column in the DOL layout for form year 2024. Filing 20250924174201NAL0009536211001, received 2025-09-24.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 99 Other fees; 37 Participant loan processing; 50 Direct payment from the plan; 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions | $4,620 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250924174201NAL0009536211001, received 2025-09-24.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $43,733,186 | $62,926,458 | 43.9% |
| Participants with a balance | 759 | 880 | 15.9% |
| Administrative expenses | $3,575 | $4,620 | 29.2% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $2,655,928 | $4,453,927 | 67.7% |
Prior filing 20241014160931NAL0026673601001, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: AXONICS MODULATION TECHNOLOGIES, INC.; SEC registrant: Axonics, Inc. (CIK 1603756, matched by EIN; display name from the Form 10-K cover).