Plan Ledger DOL Form 5500 · updated monthly

Avanath Realty Inc401(k)

AVANATH REALTY INC 401K PLAN · IRVINE, CA · plan year 2023

Reported admin expense ratio · 2023
0.64%

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

Avanath Realty Inc reported $11,094 in plan administrative expenses for 2023: 0.64% of average plan assets, above the peer median. Employer contributions averaged $1,634 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 1 year on file its reported administrative ratio fell from 0.70% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (8,181st of 9,483), and 1,827th of 2,096 in real estate & leasing. In 2023, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,258,500
Participants with balances330
Active participants270
Employer contributions$441,066
Employee contributions$611,545
Employer contribution per active participant$1,634
Average account balance$6,844
Benefits paid to participants$284,841
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.3M · 330 accts · $441K emplr
2022$1.2M · 316 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$11,094
Total administrative$11,094
The Avanath Realty Inc 401(k) match · 2023
Employer contribution per active participant$1,634
Median for plans this size$1,308

Avanath Realty Inc's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Loan processing · Recordkeeping$11,094
ADP BROKER-DEALER · Other servicesindirect comp
WELLS FARGO · Other servicesindirect comp

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

Administrative cost history2
2023$11,094 · 0.64%
2022$7,972 · 0.70%
Similar plansReal Estate & Leasing · California
Labri Management, Inc. CA$2.3M · 0.97%
Better Place Forests Co. CA$2.3M · 1.08%
Western Management LLC CA$2.2M · 0.90%
Avantstay, Inc. CA$2.0M · 0.63%
Hunt Enterprises, Inc. CA$1.9M · 0.12%
Pfn Lending Group Inc CA$1.9M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471148636 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.