Plan Ledger DOL Form 5500 · updated monthly

Avant Communications LLC401(k)

AVANT COMMUNICATIONS LLC 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Avant Communications LLC reported $83,121 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,538 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 rose from 0.54% to 0.84%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,275th of 3,702), and 7,592nd of 11,654 in professional & technical services. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,337,169
Participants with balances166
Active participants200
Employer contributions$507,596
Employee contributions$1,654,538
Employer contribution per active participant$2,538
Average account balance$68,296
Benefits paid to participants$670,235
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO. LTD.
Plan history2
Yearassets · accounts · employer contribution
2024$11.3M · 166 accts · $508K emplr
2023$8.4M · 162 accts · $334K emplr
Administrative expenses, itemized · 2024
Audit (IQPA)$83,121
Total administrative$83,121
The Avant Communications LLC 401(k) match · 2024
Employer contribution per active participant$2,538
Median for plans this size$1,313
2024$2,538 per active participant
2023$1,652 per active participant

Avant Communications LLC's 2024 employer contribution ran above the $1,313 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 · 20243
THE RETIREMENT ADVANTAGE INC · Recordkeeping$3,326
LINCOLN NATIONAL CORPORATION · Contract administrator$50,350
STADION MONEY MANAGEMENT · Investment advisory (participants)$29,445

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

Administrative cost history2
2024$83,121 · 0.84%
2023$45,129 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Illinois
ANALYTICS8, LLC IL$11.5M · 0.41%
Ninjatrader Group, LLC IL$11.3M · 0.41%
Pinnacle Live LLC IL$11.2M · 0.54%
Compusystems, Inc. IL$11.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264672769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.