Avara Pharmaceutical Services, Inc.401(k)
AVARA RETIREMENT AND SAVINGS PLAN · NORMAN, OK · plan year 2021
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Avara Pharmaceutical Services, Inc. reported $138,113 in plan administrative expenses for 2021: 0.46% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,168 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 rose from 0.07% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 109 comparable plans and shown alongside other manufacturing employers. By assets it is the 167th-largest of 724 plans among Oklahoma employers on file, and the 4,232nd of 13,661 in manufacturing. In 2021, employees put in $1.97 for every $1.00 the employer contributed.
Avara Pharmaceutical Services, Inc.'s 2021 employer contribution ran above the $2,122 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.
Annual cost at the plan's reported 2021 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 473599330 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.