Plan Ledger DOL Form 5500 · updated monthly

Avertium, LLC401(k)

AVERTIUM, LLC 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.52%

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

Avertium, LLC reported $63,856 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,553 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 0.59% to 0.52%. 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 736th-largest of 1,496 plans among Tennessee employers on file, and 7,024th of 11,654 in professional & technical services. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has shrunk from 225 to 125 since 2022.

Plan summary
Net assets, end of year$13,250,381
Participants with balances173
Active participants125
Employer contributions$569,119
Employee contributions$1,064,292
Employer contribution per active participant$4,553
Average account balance$76,592
Benefits paid to participants$1,556,197
Plan auditUnmodified (clean) audit opinion
AuditorPUGH CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$13.3M · 173 accts · $569K emplr
2023$11.3M · 198 accts · $697K emplr
2022$8.9M · 212 accts · $679K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,848
Trustee / custodial$29,008
Total administrative$63,856
The Avertium, LLC 401(k) match · 2024
Employer contribution per active participant$4,553
Median for plans this size$2,416
2024$4,553 per active participant
2023$4,173 per active participant
2022$3,020 per active participant

Avertium, LLC'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 · 20241
THE TRUST COMPANY OF TENNESSEE · Recordkeeping · Trustee$63,857

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

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

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

Administrative cost history3
2024$63,856 · 0.52%
2023$72,173 · 0.71%
2022$55,707 · 0.59%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Harrow Health Inc TN$14.5M · 0.80%
Trc Worldwide Engineering TN$14.4M · 0.25%
Built Technologies TN$14.3M · 0.59%
Blankenship CPA Group, PLLC TN$13.0M · 0.48%
Lisega, Inc. TN$12.9M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262158097 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.