401k Record

Employers › Axway

Axway 401(k)

Recordkeeping fees per participant · Axway Inc. 401(k) Plan · plan year 2024

$85.08

Higher than 63% of the 5,847 plans $50 to 250M that report it.

Source

= $44,069 / 518
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250919130712NAL0001092131001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919130712NAL0001092131001, received 2025-09-19

10th: $10.22median $69.9190th: $151.08

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 2025-09-19.

Cost and contributions

Administrative expenses excluding investment management, per participant

$85.65

10th: $16.21median $93.2090th: $246.84

Higher than 45% of the 8,758 plans $50 to 250M that report it.

Source

= $44,369 / 518
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250919130712NAL0001092131001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919130712NAL0001092131001, received 2025-09-19

Administrative expenses per participant

$210.53

10th: $29.39median $132.8490th: $350.58

Higher than 73% of the 9,042 plans $50 to 250M that report it.

Source

= $109,055 / 518
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919130712NAL0001092131001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919130712NAL0001092131001, received 2025-09-19

Administrative expenses as a share of assets

0.125%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 46% of the 9,049 plans $50 to 250M that report it.

Source

= $109,055 / $87,425,914
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919130712NAL0001092131001, received 2025-09-19
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250919130712NAL0001092131001, received 2025-09-19

Employer contributions per participant

$2,592

10th: $965median $2,73890th: $8,164

Higher than 47% of the 9,105 plans $50 to 250M that report it.

Source

= $1,342,622 / 518
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919130712NAL0001092131001, received 2025-09-19
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919130712NAL0001092131001, received 2025-09-19

Employer share of total contributions

20.2%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 20% of the 9,112 plans $50 to 250M that report it.

Source

= $1,342,622 / $6,639,225
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919130712NAL0001092131001, received 2025-09-19
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250919130712NAL0001092131001, received 2025-09-19

Plan terms, as stated in Axway Inc.'s SEC filings

Plan terms are not published in public filings.

Plan features

2T default investment (QDIA) · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250919130712NAL0001092131001, received 2025-09-19

Full record, Axway Inc. 401(k) Plan

FieldValueSource
Plan sponsorAXWAY INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250919130712NAL0001092131001, received 2025-09-19
Plan nameAXWAY INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250919130712NAL0001092131001, received 2025-09-19
Sponsor EIN / plan number86-0834866 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250919130712NAL0001092131001, received 2025-09-19
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250919130712NAL0001092131001, received 2025-09-19
Sponsor locationSCOTTSDALE, AZForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250919130712NAL0001092131001, received 2025-09-19
Industry (business code)511210, InformationForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250919130712NAL0001092131001, received 2025-09-19
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250919130712NAL0001092131001, received 2025-09-19
Filing received2025-09-19Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250919130712NAL0001092131001, received 2025-09-19
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250919130712NAL0001092131001, received 2025-09-19
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250919130712NAL0001092131001, received 2025-09-19
Participants, beginning of year586Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250919130712NAL0001092131001, received 2025-09-19
Active participants362Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250919130712NAL0001092131001, received 2025-09-19
Participants, end of year600Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250919130712NAL0001092131001, received 2025-09-19
Participants with an account balance518Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250919130712NAL0001092131001, received 2025-09-19
Total assets, beginning of year$78,183,919Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250919130712NAL0001092131001, received 2025-09-19
Total assets, end of year$87,425,914Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250919130712NAL0001092131001, received 2025-09-19
Net assets, end of year$87,425,914Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250919130712NAL0001092131001, received 2025-09-19
Total income$17,618,814Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250919130712NAL0001092131001, received 2025-09-19
Net income$9,241,995Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250919130712NAL0001092131001, received 2025-09-19
Employer contributions$1,342,622Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250919130712NAL0001092131001, received 2025-09-19
Participant contributions$4,860,945Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250919130712NAL0001092131001, received 2025-09-19
Other contributions (incl. rollovers)$435,658Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250919130712NAL0001092131001, received 2025-09-19
Total contributions$6,639,225Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250919130712NAL0001092131001, received 2025-09-19
Benefit payments$8,267,764Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250919130712NAL0001092131001, received 2025-09-19
Total expenses (incl. benefit payments)$8,376,819Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250919130712NAL0001092131001, received 2025-09-19
Total administrative expenses$109,055Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250919130712NAL0001092131001, received 2025-09-19
Contract administrator fees$300Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250919130712NAL0001092131001, received 2025-09-19
Recordkeeping fees$44,069Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250919130712NAL0001092131001, received 2025-09-19
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250919130712NAL0001092131001, received 2025-09-19
Investment advisory and management fees$64,686Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250919130712NAL0001092131001, received 2025-09-19
Administrative expenses excluding investment management$44,369derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250919130712NAL0001092131001, received 2025-09-19
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250919130712NAL0001092131001, received 2025-09-19
Held in common/collective trusts$555,872Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250919130712NAL0001092131001, received 2025-09-19
Held in mutual funds$81,441,960Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250919130712NAL0001092131001, received 2025-09-19
Independent auditorBEACHFLEISCHMANSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250919130712NAL0001092131001, received 2025-09-19

Position = column in the DOL layout for form year 2024. Filing 20250919130712NAL0001092131001, received 2025-09-19.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees $45,374yes
SAGEVIEW ADVISORY GROUP LLCADVISOR 27 Investment advisory (plan) $44,500no
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $18,686no

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 20250919130712NAL0001092131001, received 2025-09-19.

What changed since the 2023 plan year

Figure20232024Change
Total assets$78,183,919$87,425,91411.8%
Participants with a balance538518-3.7%
Administrative expenses$102,626$109,0556.3%
Recordkeeping fees per participant$86.04$85.08-1.1%
Employer contributions$1,233,267$1,342,6228.9%

Prior filing 20240930122720NAL0010150992001, received 2024-09-30; the plan years are contiguous.

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Sponsor name as filed: AXWAY INC.; SEC registrant: Axway Inc. (CIK 1436967, matched by EIN).