Plan Ledger DOL Form 5500 · updated monthly

Avanti Equine401(k)

ALTANO U.S., LLC 401(K) PLAN · COLUMBUS, NC · plan year 2024

Reported admin expense ratio · 2024
1.17%

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

Avanti Equine reported $53,845 in plan administrative expenses for 2024: 1.17% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,055 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 3 years on file its reported administrative ratio has held roughly steady near 1.17%. 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 North Carolina (1,420th of 2,005), and 9,638th of 11,654 in professional & technical services. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,411,622
Participants with balances125
Active participants373
Employer contributions$393,654
Employee contributions$771,826
Employer contribution per active participant$1,055
Average account balance$43,293
Benefits paid to participants$171,359
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$5.4M · 125 accts · $394K emplr
2022$2.1M · 107 accts · $328K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,845
Total administrative$53,845
The Avanti Equine 401(k) match · 2024
Employer contribution per active participant$1,055
Median for plans this size$1,313
2024$1,055 per active participant
2022$1,843 per active participant

Avanti Equine's 2024 employer contribution ran below the $1,313 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$13,534
EMPOWER ADVISORY GROUP · Investment management$9,761
PENTEGRA SERVICES INC · Contract administrator$2,021

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$53,845 · 1.17%
2022$20,702 · 1.22%
Similar plansProfessional & Technical Services · North Carolina
Bellomy Research NC$5.6M · 0.03%
Bennett Aerospace, Inc. NC$5.5M · 0.75%
P4 Management Corp NC$5.5M · 0.04%
Zift Solutions, Inc. NC$5.3M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364865081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.