Plan Ledger DOL Form 5500 · updated monthly

Avants Operations, LLC401(k)

AVANTS OPERATIONS, LLC 401(K) PLAN · ATHENS, GA · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Avants Operations, LLC reported $32,708 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $795 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 fell from 1.30% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Georgia (1,725th of 2,160), and the 1,030th of 2,240 in accommodation & food services. In 2024, employees put in $1.50 for every $1.00 the employer contributed; active participation has grown from 188 to 268 since 2022.

Plan summary
Net assets, end of year$3,970,497
Participants with balances157
Active participants268
Employer contributions$212,962
Employee contributions$318,438
Employer contribution per active participant$795
Average account balance$25,290
Benefits paid to participants$388,900
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 157 accts · $213K emplr
2023$3.4M · 182 accts · $212K emplr
2022$2.6M · 166 accts · $218K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,413
Investment management$295
Total administrative$32,708
The Avants Operations, LLC 401(k) match · 2024
Employer contribution per active participant$795
Median for plans this size$1,313
2024$795 per active participant
2023$1,121 per active participant
2022$1,157 per active participant

Avants Operations, LLC'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 · 20242
TRANSAMERICA LIFE INS CO · Recordkeeping · Loan processing$22,184
LINCOLN NATIONAL CORPORATION · Contract administrator$8,579

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

Recordkeeper by year2
2024Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

This plan has changed recordkeepers within these filings. If you left Avants Operations, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,708 · 0.89%
2023$39,651 · 1.32%
2022$36,375 · 1.30%
Same employer
Similar plansAccommodation & Food Services · Georgia
Gps Hospitality, LLC GA$4.7M · 1.68%
Apple Central 401K Plan GA$4.5M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814997570 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.