Plan Ledger DOL Form 5500 · updated monthly

Aveva Inc.401(k)

AVEVA INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Aveva Inc. reported $167,538 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $7,715 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 0.07% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 206th-largest of 5,688 plans among Texas employers on file, and the 119th of 5,215 in retail trade. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 866 to 1,691 since 2022.

Plan summary
Net assets, end of year$485,912,096
Participants with balances2,306
Active participants1,691
Employer contributions$13,045,754
Employee contributions$24,384,358
Employer contribution per active participant$7,715
Average account balance$210,716
Benefits paid to participants$26,668,633
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITH BROWN P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$485.9M · 2,306 accts · $13.0M emplr
2023$165.2M · 1,097 accts · $8.9M emplr
2022$126.3M · 1,043 accts · $8.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,174
Investment management$49,093
Audit (IQPA)$41,688
Total administrative$167,538
The Aveva Inc. 401(k) match · 2024
Employer contribution per active participant$7,715
Median for plans this size$4,294
2024$7,715 per active participant
2023$9,709 per active participant
2022$9,690 per active participant

Aveva Inc.'s 2024 employer contribution ran above the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$49,093
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,450
SILICON VALLEY ACCOUNTANCY CORPORA · Accounting / audit$41,688
PRECEPT ADVISORY GROUP LLC · Investment advisory (plan)$39,583

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$167,538 · 0.05%
2023$70,712 · 0.05%
2022$86,418 · 0.07%
Same employer
Similar plansRetail Trade · Texas
Penney Opco, LLC TX$2.2B · 0.06%
Group 1 Automotive, Inc. TX$539.6M · 0.16%
Brookshire Holdings, Inc. TX$380.6M · 0.25%
Academy Sports & Outdoors TX$364.8M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061136974 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.