Plan Ledger DOL Form 5500 · updated monthly

Avenues New York, LLC401(k)

AVENUES SCHOOLS 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Avenues New York, LLC reported $110,457 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,716 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 educational services employers. By assets it is the 735th-largest of 3,644 plans among Florida employers on file, and the 1,189th of 3,091 in educational services. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,273,615
Participants with balances669
Active participants445
Employer contributions$763,482
Employee contributions$1,790,218
Employer contribution per active participant$1,716
Average account balance$51,231
Benefits paid to participants$1,508,033
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & CO.
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,457
Total administrative$110,457
The Avenues New York, LLC 401(k) match · 2024
Employer contribution per active participant$1,716
Median for plans this size$2,416

Avenues New York, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$79,745
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$30,712
ADP BROKER-DEALER · Other servicesindirect comp

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$110,457 · 0.32%
Same employer
Similar plansEducational Services · Florida
Palm Beach Day Academy FL$36.2M · 0.17%
British School of America FL$31.1M · 0.19%
Bisk Education, Inc. FL$30.0M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 274613512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.