Plan Ledger DOL Form 5500 · updated monthly

Avl Technologies401(k)

AVL TECHNOLOGIES 401(K) RETIREMENT PLAN · ASHEVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Avl Technologies reported $61,928 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,804 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 0.26% to 0.22%. 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 576th-largest of 2,005 plans among North Carolina employers on file, and the 4,588th of 13,661 in manufacturing. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,052,408
Participants with balances257
Active participants224
Employer contributions$852,026
Employee contributions$1,128,426
Employer contribution per active participant$3,804
Average account balance$113,044
Benefits paid to participants$3,062,372
Plan auditUnmodified (clean) audit opinion
AuditorDMJPS PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$29.1M · 257 accts · $852K emplr
2023$26.3M · 229 accts · $795K emplr
2022$22.9M · 246 accts · $488K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,928
Total administrative$61,928
The Avl Technologies 401(k) match · 2024
Employer contribution per active participant$3,804
Median for plans this size$2,416
2024$3,804 per active participant
2023$3,804 per active participant
2022$2,325 per active participant

Avl Technologies'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 · 20241
ADP, INC. · Loan processing · Recordkeeping$61,928

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
2023ADP

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

Administrative cost history3
2024$61,928 · 0.22%
2023$61,085 · 0.25%
2022$68,488 · 0.26%
Same employer
Similar plansManufacturing · North Carolina
Goulston Technologies, Inc. NC$31.0M · 0.26%
Kurz Transfer Products, LP NC$30.0M · 0.11%
Wilbert, Inc. NC$29.3M · 0.11%
Bestco, LLC NC$28.5M · 0.26%
Sontara Old Hickory Inc. NC$28.4M · 0.05%
Itg Cigars, Inc. NC$27.9M · 0.21%
J.C. Steele and Sons, Inc. NC$27.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562038081 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.