Plan Ledger DOL Form 5500 · updated monthly

Avant Healthcare Professionals401(k)

AVANT HEALTHCARE PROFESSIONALS 401(K) PROFIT SHARING PLAN · MAITLAND, FL · plan year 2024

Reported admin expense ratio · 2024
1.04%

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

Avant Healthcare Professionals reported $239,833 in plan administrative expenses for 2024: 1.04% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,735 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 0.92% to 1.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 929th-largest of 3,644 plans among Florida employers on file, and the 508th of 2,534 in administrative & support services. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 2,157 to 1,337 since 2022.

Plan summary
Net assets, end of year$25,575,153
Participants with balances1,778
Active participants1,337
Employer contributions$3,656,420
Employee contributions$6,724,209
Employer contribution per active participant$2,735
Average account balance$14,384
Benefits paid to participants$8,916,583
Plan auditUnmodified (clean) audit opinion
AuditorWILLIAMS BENATOR & LIBBY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.6M · 1,778 accts · $3.7M emplr
2023$20.6M · 2,088 accts · $5.7M emplr
2022$7.7M · 1,175 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,557
Investment management$4,575
Audit (IQPA)$37,793
Total administrative$239,833
The Avant Healthcare Professionals 401(k) match · 2024
Employer contribution per active participant$2,735
Median for plans this size$2,416
2024$2,735 per active participant
2023$3,051 per active participant
2022$616 per active participant

Avant Healthcare Professionals's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$117,332
ORENDA RETIREMENT, LLC · Contract administrator · Other services$77,224
BDO USA P.C. · Accounting / audit$37,793
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp
RESOURCES INVESTMENT ADVISORS, LLC · Investment advisory (participants)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$239,833 · 1.04%
2023$102,440 · 0.73%
2022$71,522 · 0.92%
Same employer
Similar plansAdministrative & Support Services · Florida
Harvard Maintenance, Inc. FL$29.4M · 0.25%
Vision HR II, Inc FL$27.1M · 0.72%
The Csi Companies, Inc. FL$24.6M · 0.96%
PSC Custom LP FL$22.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200072798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.