Plan Ledger DOL Form 5500 · updated monthly

Avalon Administrative Services, LLC401(k)

AVALON ADMINISTRATIVE SERVICES, LLC 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Avalon Administrative Services, LLC reported $26,475 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,296 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,390th-largest of 3,644 plans among Florida employers on file, and 3,540th of 4,798 in finance & insurance. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 189 to 242 since 2022.

Plan summary
Net assets, end of year$14,558,333
Participants with balances238
Active participants242
Employer contributions$1,039,698
Employee contributions$2,060,724
Employer contribution per active participant$4,296
Average account balance$61,169
Benefits paid to participants$1,760,463
Plan auditUnmodified (clean) audit opinion
AuditorLSL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 238 accts · $1.0M emplr
2023$11.1M · 251 accts · $859K emplr
2022$7.3M · 197 accts · $729K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,875
Investment management$24,600
Total administrative$26,475
The Avalon Administrative Services, LLC 401(k) match · 2024
Employer contribution per active participant$4,296
Median for plans this size$2,416
2024$4,296 per active participant
2023$3,686 per active participant
2022$3,858 per active participant

Avalon Administrative Services, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
BETTERMENT FOR BUSINESS, LLC · Investment advisory (plan)$26,476

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$26,475 · 0.21%
2023$23,842 · 0.26%
2022$17,748 · 0.26%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 383969348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.