Plan Ledger DOL Form 5500 · updated monthly

Avatar Residential, Inc.401(k)

AVATAR, INC. 401(K) PLAN · WARWICK, RI · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Avatar Residential, Inc. reported $3,073 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $692 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 0.03% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Rhode Island (195th of 286), and 6,744th of 11,911 in health care & social assistance. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,268,748
Participants with balances334
Active participants279
Employer contributions$192,985
Employee contributions$359,313
Employer contribution per active participant$692
Average account balance$21,763
Benefits paid to participants$427,078
Plan auditUnmodified (clean) audit opinion
AuditorCAVANAGH CPAS & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 334 accts · $193K emplr
2023$6.3M · 319 accts · $178K emplr
2022$5.3M · 315 accts · $145K emplr
The Avatar Residential, Inc. 401(k) match · 2024
Employer contribution per active participant$692
Median for plans this size$1,313
2024$692 per active participant
2023$675 per active participant
2022$552 per active participant

Avatar Residential, Inc.'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 · 20241
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$4,910

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$3,073 · 0.05%
2023$1,902 · 0.03%
2022$1,728 · 0.03%
Similar plansHealth Care & Social Assistance · Rhode Island
Plum Dental Group, L.L.C. RI$8.2M · 0.51%
Nursing Placement Inc. RI$7.5M · 0.80%
Hopehealth Visiting Nurse RI$6.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050461436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.