Plan Ledger DOL Form 5500 · updated monthly

Aveanna Healthcare401(k)

AVEANNA HEALTHCARE 401(K) PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Aveanna Healthcare reported $813,413 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged $248 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 0.40% to 0.37%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 146th-largest of 2,160 plans among Georgia employers on file, and the 581st of 11,911 in health care & social assistance. In 2024, employees put in $4.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$234,288,755
Participants with balances9,256
Active participants26,661
Employer contributions$6,608,695
Employee contributions$26,513,427
Employer contribution per active participant$248
Average account balance$25,312
Benefits paid to participants$32,736,862
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$234.3M · 9,256 accts · $6.6M emplr
2023$204.3M · 9,440 accts · $6.0M emplr
2022$166.4M · 10,287 accts · $6.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$737,913
Investment management$70,000
Audit (IQPA)$5,500
Total administrative$813,413
The Aveanna Healthcare 401(k) match · 2024
Employer contribution per active participant$248
Median for plans this size$3,635
2024$248 per active participant
2023$222 per active participant
2022$213 per active participant

Aveanna Healthcare's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$737,913
CREATIVE PLANNING · Investment advisory (plan)$65,000
COSURGE CPAS · Accounting / audit · Investment advisory (plan)$10,500

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$813,413 · 0.37%
2023$690,562 · 0.37%
2022$693,366 · 0.40%
Same employer
Similar plansHealth Care & Social Assistance · Georgia
Au Health System, Inc. GA$325.9M · 0.18%
The Harbin Clinic, L.L.C. GA$318.2M · 0.02%
Pruitthealth, Inc. GA$267.0M · 0.53%
Shepherd Center, Inc. GA$223.6M · 0.07%
Floyd Healthcare Management GA$205.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371864863 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.