Plan Ledger DOL Form 5500 · updated monthly

Avi Systems, Inc.401(k) + ESOP (KSOP)

AVI SYSTEMS, INC. EMPLOYEE STOCK OWNERSHIP PLAN · LENEXA, KS · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Avi Systems, Inc. reported $299,462 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $8,363 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 0.11% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 18th-largest of 828 plans among Kansas employers on file, and the 753rd of 13,661 in manufacturing. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 828 to 1,191 since 2022.

Plan summary
Net assets, end of year$350,198,612
Participants with balances1,819
Active participants1,191
Employer contributions$9,960,627
Employee contributions$9,607,364
Employer contribution per active participant$8,363
Average account balance$192,523
Benefits paid to participants$19,302,082
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$350.2M · 1,819 accts · $10.0M emplr
2023$280.0M · 1,674 accts · $9.2M emplr
2022$214.5M · 1,450 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$236,250
Investment management$20,000
Trustee / custodial$8,000
Total administrative$299,462
The Avi Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$8,363
Median for plans this size$4,294
2024$8,363 per active participant
2023$9,042 per active participant
2022$7,985 per active participant

Avi Systems, 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$243,847
FORVIS, LLP · Accounting / audit$27,615
INTELLICENTS INVESTMENT SOLUTIONS · Investment advisory (plan)$20,000
SUMMIT FIDUCIARY GROUP, LLC · Trustee (directed)$8,000

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

Recordkeeper by year2
2024Alerus
2023Alerus

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Administrative cost history3
2024$299,462 · 0.10%
2023$2,134,603 · 0.86%
2022$236,135 · 0.11%
Same employer
Similar plansManufacturing · Kansas
Eversana KS$348.1M · 0.16%
Harcros Chemicals Inc. KS$288.1M · 0.00%
Huhtamaki Americas, Inc. KS$277.0M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 450321251 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.