Plan Ledger DOL Form 5500 · updated monthly

Avalign Technologies, Inc.401(k)

AVALIGN TECHNOLOGIES INC 401K PLAN · ROSEMONT, IL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Avalign Technologies, Inc. reported $117,031 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,245 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 0.31% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 865th-largest of 3,702 plans among Illinois employers on file, and the 622nd of 5,215 in retail trade. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 1,130 to 911 since 2022.

Plan summary
Net assets, end of year$53,561,124
Participants with balances1,306
Active participants911
Employer contributions$2,955,971
Employee contributions$5,092,026
Employer contribution per active participant$3,245
Average account balance$41,012
Benefits paid to participants$8,692,098
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$53.6M · 1,306 accts · $3.0M emplr
2023$47.7M · 1,393 accts · $2.9M emplr
2022$37.6M · 1,335 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,016
Investment management$69,015
Total administrative$117,031
The Avalign Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$3,245
Median for plans this size$3,635
2024$3,245 per active participant
2023$2,447 per active participant
2022$2,272 per active participant

Avalign Technologies, Inc.'s 2024 employer contribution ran below 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$83,846
ALERA INVESTMENT ADVISORS, LLC · Investment advisory (plan)$69,015

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Avalign Technologies, Inc. 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$117,031 · 0.23%
2023$144,235 · 0.34%
2022$121,600 · 0.31%
Same employer
Similar plansRetail Trade · Illinois
The Pampered Chef, LTD. IL$60.0M · 0.31%
Arends Hogan Walker LLC IL$56.6M · 0.02%
Claire's Stores, Inc. IL$52.1M · 0.02%
HAND2MIND, Inc. IL$47.7M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208145355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.