Plan Ledger DOL Form 5500 · updated monthly

Advenir Living, LLC401(k)

ADVENIR 401(K) PLAN · AVENTURA, FL · plan year 2024

Reported admin expense ratio · 2024
1.69%

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

Advenir Living, LLC reported $72,976 in plan administrative expenses for 2024: 1.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,071 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 rose from 1.26% to 1.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Florida (2,498th of 3,644), and 1,519th of 2,096 in real estate & leasing. In 2024, employees put in $3.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,952,481
Participants with balances334
Active participants268
Employer contributions$286,983
Employee contributions$1,024,901
Employer contribution per active participant$1,071
Average account balance$14,828
Benefits paid to participants$623,267
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 334 accts · $287K emplr
2023$3.7M · 341 accts · $242K emplr
2022$2.8M · 317 accts · $161K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,610
Investment management$20,366
Total administrative$72,976
The Advenir Living, LLC 401(k) match · 2024
Employer contribution per active participant$1,071
Median for plans this size$1,313
2024$1,071 per active participant
2023$937 per active participant
2022$562 per active participant

Advenir Living, LLC's 2024 employer contribution ran below the $1,313 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$52,609
HORNOR, TOWNSEND & KENT, LLC · Recordkeeping · Trustee$15,722
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, HORNOR, TOWNSEND & KENT, LLC
2023ADP, WEALTH ENHANCEMENT ADVISORY SERVICE

This plan has changed recordkeepers within these filings. If you left Advenir Living, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$72,976 · 1.69%
2023$55,408 · 1.71%
2022$36,994 · 1.26%
Same employer
Similar plansReal Estate & Leasing · Florida
Chhj Franchising L.L.C. FL$5.1M · 1.86%
Leland Management, Inc. FL$4.8M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061536948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.