Plan Ledger DOL Form 5500 · updated monthly

Advics North America, Inc.401(k)

ADVICS 401(K) PLAN · LEBANON, OH · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Advics North America, Inc. reported $353,631 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,793 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 0.26% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 242nd-largest of 3,295 plans among Ohio employers on file, and the 1,287th of 13,661 in manufacturing. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$173,602,379
Participants with balances1,927
Active participants1,595
Employer contributions$6,050,616
Employee contributions$7,259,079
Employer contribution per active participant$3,793
Average account balance$90,089
Benefits paid to participants$15,989,423
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$173.6M · 1,927 accts · $6.1M emplr
2023$157.9M · 2,018 accts · $6.3M emplr
2022$138.0M · 2,006 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$255,949
Investment management$66,904
Audit (IQPA)$3,650
Total administrative$353,631
The Advics North America, Inc. 401(k) match · 2024
Employer contribution per active participant$3,793
Median for plans this size$3,635
2024$3,793 per active participant
2023$3,867 per active participant
2022$3,563 per active participant

Advics North America, 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$255,949
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$66,904
THOMPSON HINE LLP · Legal$27,128
CHERRY BEKAERT LLP · Accounting / audit$3,650

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$353,631 · 0.21%
2023$323,561 · 0.22%
2022$380,354 · 0.26%
Same employer
Similar plansManufacturing · Ohio
Standard Textile Co., Inc. OH$184.6M · 0.06%
Lima Refining Company OH$183.9M · 0.01%
Ats Corporation OH$175.4M · 0.15%
Synthomer Inc. OH$164.1M · 0.06%
Ts Tech Americas, Inc. OH$161.9M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 300022045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.