Plan Ledger DOL Form 5500 · updated monthly

Avo International, Inc. dba Megger401(k)

MEGGER SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Avo International, Inc. dba Megger reported $154,901 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,312 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 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 940th-largest of 5,688 plans among Texas employers on file, and the 2,786th of 13,661 in manufacturing. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 383 to 444 since 2022.

Plan summary
Net assets, end of year$59,381,259
Participants with balances526
Active participants444
Employer contributions$1,470,693
Employee contributions$3,434,203
Employer contribution per active participant$3,312
Average account balance$112,892
Benefits paid to participants$7,483,286
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$59.4M · 526 accts · $1.5M emplr
2023$55.1M · 515 accts · $1.4M emplr
2022$48.0M · 465 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$106,659
Investment management$31,624
Trustee / custodial$16,602
Total administrative$154,901
The Avo International, Inc. dba Megger 401(k) match · 2024
Employer contribution per active participant$3,312
Median for plans this size$3,635
2024$3,312 per active participant
2023$3,093 per active participant
2022$3,219 per active participant

Avo International, Inc. dba Megger's 2024 employer contribution ran below the $3,635 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 · 20243
MILLIMAN, INC. · Recordkeeping · Pension consulting$138,298
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee (directed)$16,602
CHARLES SCHWAB & CO., INC. · Custodial (securities)$376

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

Recordkeeper by year2
2024Milliman
2023Milliman

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Administrative cost history3
2024$154,901 · 0.27%
2023$152,589 · 0.30%
2022$138,780 · 0.26%
Same employer
Similar plansManufacturing · Texas
Methanex Services US LLC TX$63.3M · 0.09%
Atrion Corporation TX$63.0M · 0.29%
Ricetec, Inc. TX$58.1M · 0.15%
Prince Minerals LLC TX$57.9M · 0.06%
Econtrols, LLC TX$57.6M · 0.26%
Thermon, Inc. TX$57.6M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751615916 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.