Plan Ledger DOL Form 5500 · updated monthly

Avox Systems, Inc.401(k)

AVOX SYSTEMS 401(K) PLAN · LANCASTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Avox Systems, Inc. reported $1,615 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,468 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 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,880th-largest of 5,648 plans among New York employers on file, and the 532nd of 2,677 in transportation & warehousing. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 106 to 139 since 2022.

Plan summary
Net assets, end of year$31,715,433
Participants with balances201
Active participants139
Employer contributions$621,073
Employee contributions$1,155,208
Employer contribution per active participant$4,468
Average account balance$157,788
Benefits paid to participants$5,380,623
Plan auditUnmodified (clean) audit opinion
AuditorSBFR PARTNER CPA'S LLP
Plan history3
Yearassets · accounts · employer contribution
2024$31.7M · 201 accts · $621K emplr
2023$29.6M · 183 accts · $559K emplr
2022$25.7M · 166 accts · $504K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$684
Investment management$931
Total administrative$1,615
The Avox Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$4,468
Median for plans this size$2,416
2024$4,468 per active participant
2023$4,579 per active participant
2022$4,753 per active participant

Avox Systems, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$684

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

Recordkeeper by year2
2024BURKE GROUP
2023BURKE GROUP

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

Administrative cost history3
2024$1,615 · 0.01%
2023$2,329 · 0.01%
2022$4,944 · 0.02%
All plans at this employer3
AVOX SYSTEMS 401(K) PLAN401(k)
AVOX SYSTEMS 401(K) PLAN FOR BARGAINING UNIT EMPLOYEES401(k)
AVOX SYSTEMS RETIREMENT SAVINGS PLANProfit-sharing plan
Similar plansTransportation & Warehousing · New York
Wadhams Enterprises, Inc. NY$36.5M · 0.44%
National Cargo Bureau, Inc. NY$34.2M · 0.05%
Transervice Logistics, Inc. NY$33.7M · 0.03%
Via Transportation, Inc. NY$31.5M · 0.03%
Janel Corporation NY$30.3M · 0.20%
Leonard's Express, Inc. NY$29.9M · 0.58%
Bren-Tronics, Inc. NY$29.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263112854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.