Plan Ledger DOL Form 5500 · updated monthly

Avcon, Inc.401(k)

AVCON, INC. 401(K) RETIREMENT PLAN · ORLANDO, FL · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Avcon, Inc. reported $67,079 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $7,118 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 945th-largest of 3,644 plans among Florida employers on file, and the 4,750th of 11,654 in professional & technical services. In 2024, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,031,894
Participants with balances129
Active participants110
Employer contributions$783,005
Employee contributions$1,068,066
Employer contribution per active participant$7,118
Average account balance$194,046
Benefits paid to participants$729,339
Plan auditUnmodified (clean) audit opinion
AuditorKELLY PARTNERS FRS ATTEST SERVICES
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,645
Investment management$46,267
Total administrative$67,079
The Avcon, Inc. 401(k) match · 2024
Employer contribution per active participant$7,118
Median for plans this size$2,416

Avcon, 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$28,389
WELLTH ADVISORY SERVICES LLC · Investment advisory (plan)$16,011
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,836
GRAYROBINSON, P.A. · Legal$8,625

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

Administrative cost history1
2024$67,079 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Florida
Biotissue Holdings, Inc. FL$25.6M · 0.34%
HX5 Sierra, LLC FL$25.6M · 0.44%
Msl, P.A. FL$25.5M · 0.00%
Paymaster, Inc. FL$24.7M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592890463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.