Plan Ledger DOL Form 5500 · updated monthly

Avanquest North America LLC.401(k)

AVANQUEST NORTH AMERICA LLC 401K PLAN AND TRUST · PLEASANTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.74%

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

Avanquest North America LLC. reported $225,948 in plan administrative expenses for 2024: 0.74% of average plan assets, higher than ~90% of peers. Employer contributions averaged $669 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 0.64% to 0.74%. 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 2,501st-largest of 9,483 plans among California employers on file, and the 3,877th of 11,654 in professional & technical services. In 2024, employees put in $7.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,883,575
Participants with balances425
Active participants481
Employer contributions$321,654
Employee contributions$2,423,402
Employer contribution per active participant$669
Average account balance$77,373
Benefits paid to participants$1,369,952
Plan auditUnmodified (clean) audit opinion
AuditorCOOPER SAVAS LLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.9M · 425 accts · $322K emplr
2023$28.1M · 431 accts · $391K emplr
2022$22.8M · 446 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$205,448
Audit (IQPA)$20,500
Total administrative$225,948
The Avanquest North America LLC. 401(k) match · 2024
Employer contribution per active participant$669
Median for plans this size$2,416
2024$669 per active participant
2023$849 per active participant
2022$810 per active participant

Avanquest North America LLC.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20248
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$136,121
ORENDA RETIREMENT LLC · Contract administrator$35,180
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$28,803
ORENDA RETIREMENT LLC · Contract administrator$25,852
SAN LUIS WEALTH ADVISORS · Investment advisory (plan)indirect comp
SAN LUIS WEALTH ADVISORS · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$225,948 · 0.74%
2023$164,268 · 0.64%
2022$158,667 · 0.64%
Same employer
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Buffini & Company, Inc. CA$33.2M · 0.07%
Imperative Care, Inc. CA$33.1M · 0.04%
Nna Services, LLC CA$33.1M · 0.18%
Upstanding, LLC CA$32.8M · 0.26%
Bbam US LP CA$32.6M · 0.21%
Signifyd, Inc. CA$32.6M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954052435 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.