Plan Ledger DOL Form 5500 · updated monthly

Avgol America, Inc.401(k)

AVGOL AMERICA, INC. 401(K) PLAN · MOCKSVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Avgol America, Inc. reported $68,470 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,498 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 3 years on file its reported administrative ratio has held roughly steady near 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 896th-largest of 2,005 plans among North Carolina employers on file, and 7,185th of 13,661 in manufacturing. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 260 to 384 since 2022.

Plan summary
Net assets, end of year$14,674,732
Participants with balances341
Active participants384
Employer contributions$575,345
Employee contributions$992,835
Employer contribution per active participant$1,498
Average account balance$43,034
Benefits paid to participants$1,302,427
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.7M · 341 accts · $575K emplr
2023$12.6M · 298 accts · $545K emplr
2022$10.3M · 264 accts · $507K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,070
Investment management$33,400
Total administrative$68,470
The Avgol America, Inc. 401(k) match · 2024
Employer contribution per active participant$1,498
Median for plans this size$2,416
2024$1,498 per active participant
2023$2,056 per active participant
2022$1,949 per active participant

Avgol America, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,070
FIRST HEARTLAND CONSULTANTS INC · Investment advisory (plan)$31,149

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$68,470 · 0.50%
2023$58,057 · 0.51%
2022$58,632 · 0.53%
Similar plansManufacturing · North Carolina
American Truetzschler, Inc. NC$15.0M · 0.27%
Wright of Thomasville, Inc. NC$14.9M · 0.46%
Box-Board Products, Inc. NC$14.8M · 0.48%
Schunk Intec Inc. NC$14.7M · 0.01%
Scentair Technologies, Inc. NC$14.3M · 0.91%
Abco Automation, Inc. NC$14.3M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 582626494 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.