Plan Ledger DOL Form 5500 · updated monthly

Avania, LLC401(k)

AVANIA 401(K) RETIREMENT PLAN · MARLBOROUGH, MA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Avania, LLC reported $13,387 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,081 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 rose from 0.04% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,330th-largest of 2,726 plans among Massachusetts employers on file, and the 5,643rd of 11,654 in professional & technical services. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,515,092
Participants with balances270
Active participants138
Employer contributions$839,243
Employee contributions$1,453,922
Employer contribution per active participant$6,081
Average account balance$72,278
Benefits paid to participants$2,085,724
Plan auditUnmodified (clean) audit opinion
AuditorBDG-CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 270 accts · $839K emplr
2023$15.6M · 293 accts · $754K emplr
2022$11.8M · 244 accts · $607K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,300
Investment management$1,337
Total administrative$13,387
The Avania, LLC 401(k) match · 2024
Employer contribution per active participant$6,081
Median for plans this size$2,416
2024$6,081 per active participant
2023$4,803 per active participant
2022$4,047 per active participant

Avania, 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 · 20242
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$2,048
ANGELL PENSION GROUP · 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 history3
2024$13,387 · 0.08%
2023$7,817 · 0.06%
2022$4,806 · 0.04%
Similar plansProfessional & Technical Services · Massachusetts
Gray, Gray & Gray LLP MA$19.9M · 0.21%
Mevion Medical Systems Inc. MA$19.6M · 0.09%
Treeline Biosciences, Inc. MA$19.5M · 0.01%
Amryt Pharmaceuticals, Inc. MA$19.5M · 0.35%
Curis, Inc. MA$19.5M · 0.01%
Inari Agriculture Inc MA$19.4M · 0.37%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043517564 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.