Plan Ledger DOL Form 5500 · updated monthly

Advent Global Solutions, Inc.401(k)

ADVENT GLOBAL SOLUTIONS, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.18%

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

Advent Global Solutions, Inc. reported $41,709 in plan administrative expenses for 2024: 1.18% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 1.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,373rd of 5,688), and 10,255th of 11,654 in professional & technical services. active participation has shrunk from 105 to 79 since 2022.

Plan summary
Net assets, end of year$3,759,675
Participants with balances136
Active participants79
Employer contributions$0
Employee contributions$434,767
Employer contribution per active participant$0
Average account balance$27,645
Benefits paid to participants$429,884
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 136 accts
2023$3.3M · 191 accts
2022$2.6M · 161 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,334
Investment management$14,375
Total administrative$41,709
The Advent Global Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Advent Global Solutions, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$12,347
EMPOWER ADVISORY GROUP, LLC · Investment management$2,028

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$41,709 · 1.18%
2023$36,880 · 1.25%
2022$33,989 · 1.17%
Similar plansProfessional & Technical Services · Texas
Strategic Data Systems TX$3.9M · 0.57%
Glow Networks, Inc. TX$3.9M · 1.47%
Coke Management Group TX$3.8M · 0.03%
Veryable, Inc. TX$3.8M · 1.08%
Datamark Incorporated TX$3.7M · 1.38%
Wegman Partners LLC TX$3.7M · 0.73%
Tekton Research, Inc. TX$3.7M · 1.63%
Bonial & Associates, P.C. TX$3.7M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 223532948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.