Plan Ledger DOL Form 5500 · updated monthly

Avasure Opco Holdings, Inc.401(k)

AHI 401(K) PLAN · BELMONT, MI · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Avasure Opco Holdings, Inc. reported $19,282 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,281 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 0.41% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,101st-largest of 2,619 plans among Michigan employers on file, and the 6,263rd of 13,661 in manufacturing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 219 to 244 since 2022.

Plan summary
Net assets, end of year$18,345,361
Participants with balances266
Active participants244
Employer contributions$1,044,567
Employee contributions$1,947,098
Employer contribution per active participant$4,281
Average account balance$68,968
Benefits paid to participants$1,017,767
Plan auditUnmodified (clean) audit opinion
AuditorDOLINKA VANNOORD & COMPANY, PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.3M · 266 accts · $1.0M emplr
2023$13.7M · 244 accts · $782K emplr
2022$8.0M · 190 accts · $598K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,902
Investment management$1,380
Total administrative$19,282
The Avasure Opco Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,281
Median for plans this size$2,416
2024$4,281 per active participant
2023$3,553 per active participant
2022$2,729 per active participant

Avasure Opco Holdings, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY WORKPLACE SERVICES, LLC · Plan administrator · Trustee (discretionary)$17,903
MAYFLOWER FINANCIAL ADVISORS · 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$19,282 · 0.12%
2023$19,472 · 0.18%
2022$32,378 · 0.41%
Similar plansManufacturing · Michigan
Eos of North America, Inc. MI$18.3M · 0.20%
Wirtz Holding Company, Inc. MI$18.1M · 0.53%
Roberts Sinto Corporation MI$18.0M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203347607 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.