Plan Ledger DOL Form 5500 · updated monthly

Avenues World Holdings, LLC401(k)

AVENUES SCHOOLS 401(K) PLAN · NEW YORK, NY · plan year 2023

Reported admin expense ratio · 2023
0.36%

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

Avenues World Holdings, LLC reported $144,932 in plan administrative expenses for 2023: 0.36% of average plan assets, above the peer median. Employer contributions averaged $3,122 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 has held roughly steady near 0.363%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other educational services employers. By assets it is the 1,476th-largest of 5,648 plans among New York employers on file, and the 999th of 3,091 in educational services. In 2023, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,948,651
Participants with balances832
Active participants542
Employer contributions$1,692,333
Employee contributions$4,034,345
Employer contribution per active participant$3,122
Average account balance$54,025
Benefits paid to participants$3,031,262
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$44.9M · 832 accts · $1.7M emplr
2022$34.9M · 796 accts · $1.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$80,814
Investment management$64,118
Total administrative$144,932
The Avenues World Holdings, LLC 401(k) match · 2023
Employer contribution per active participant$3,122
Median for plans this size$2,440
2023$3,122 per active participant
2022$3,014 per active participant

Avenues World Holdings, LLC's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$80,814
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$43,312
TOWERS WATSON INVESTMENT SERVICES I · Investment advisory (plan)$15,319
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,487

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

Administrative cost history2
2023$144,932 · 0.36%
2022$132,651 · 0.36%
Similar plansEducational Services · New York
The Leffell School NY$45.8M · 0.17%
Wells College NY$45.4M · 0.08%
Nichols School of Buffalo NY$45.2M · 0.04%
Roberts Wesleyan University NY$45.0M · 0.27%
Wildwood Programs NY$44.9M · 0.02%
Keuka College NY$44.0M · 0.11%
Green Vale School NY$44.0M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 270206513 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.