Plan Ledger DOL Form 5500 · updated monthly

Avineon, Inc.401(k)

AVINEON, INC. 401(K) AND PROFIT SHARING PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Avineon, Inc. reported $42,241 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,562 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 0.31% to 0.20%. 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 931st-largest of 2,266 plans among Virginia employers on file, and the 5,186th of 11,654 in professional & technical services. In 2024, employees put in $5.15 for every $1.00 the employer contributed; active participation has shrunk from 71 to 58 since 2022.

Plan summary
Net assets, end of year$22,057,059
Participants with balances130
Active participants58
Employer contributions$148,620
Employee contributions$764,958
Employer contribution per active participant$2,562
Average account balance$169,670
Benefits paid to participants$1,840,276
Plan auditUnmodified (clean) audit opinion
AuditorCOHNREZNICK LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.1M · 130 accts · $149K emplr
2023$20.0M · 148 accts · $175K emplr
2022$15.9M · 170 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,111
Investment management$41,130
Total administrative$42,241
The Avineon, Inc. 401(k) match · 2024
Employer contribution per active participant$2,562
Median for plans this size$2,416
2024$2,562 per active participant
2023$2,772 per active participant
2022$2,557 per active participant

Avineon, Inc.'s 2024 employer contribution ran above 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 · 20244
KAILASA CAPITAL MANAGEMENT LLC · Recordkeeping · Trustee$41,054
ADP, INC. · Loan processing · Recordkeeping$1,186
CHARLES SCHWAB INVESTMENT MGMT INC. · Securities brokerage$6
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, KAILASA CAPITAL MANAGEMENT LLC
2023ADP, KAILASA CAPITAL MANAGEMENT LLC

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

Administrative cost history3
2024$42,241 · 0.20%
2023$69,624 · 0.39%
2022$52,842 · 0.31%
Similar plansProfessional & Technical Services · Virginia
Ici Services Corporation VA$22.7M · 0.29%
Global Infotek, Inc. VA$22.5M · 0.38%
B4CORP VA$22.4M · 0.03%
Aptive Resources, LLC VA$22.2M · 0.66%
Nathan Associates, Inc. VA$22.0M · 0.45%
Infinitive, Inc. VA$22.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541600874 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.