Plan Ledger DOL Form 5500 · updated monthly

Advarra, Inc.401(k)

ADVARRA 401(K) PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.13%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Advarra, Inc. reported $101,623 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $3,910 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.27% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 194th-largest of 1,671 plans among Maryland employers on file, and the 1,718th of 11,654 in professional & technical services. In 2024, employees put in $2.28 for every $1.00 the employer contributed; active participation has grown from 742 to 874 since 2022.

Plan summary
Net assets, end of year$87,021,312
Participants with balances1,102
Active participants874
Employer contributions$3,417,334
Employee contributions$7,797,912
Employer contribution per active participant$3,910
Average account balance$78,967
Benefits paid to participants$5,347,004
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.0M · 1,102 accts · $3.4M emplr
2023$69.4M · 1,001 accts · $2.8M emplr
2022$55.1M · 910 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,623
Total administrative$101,623
The Advarra, Inc. 401(k) match · 2024
Employer contribution per active participant$3,910
Median for plans this size$3,635
2024$3,910 per active participant
2023$3,533 per active participant
2022$3,409 per active participant

Advarra, Inc.'s 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$101,623

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$101,623 · 0.13%
2023$141,096 · 0.23%
2022$159,155 · 0.27%
Same employer
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The Mil Corporation MD$90.8M · 0.12%
Survice Engineering Company MD$89.8M · 0.06%
Inovex Information Systems MD$89.6M · 0.21%
Offit Kurman, P.A. MD$86.9M · 0.10%
Macrogenics MD$84.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311358981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.