Plan Ledger DOL Form 5500 · updated monthly

Belair Instrument Company, LLC dba Avantik401(k)

AVANTIK 401(K) PLAN · PINE BROOK, NJ · plan year 2024

Reported admin expense ratio · 2024
1.20%

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

Belair Instrument Company, LLC dba Avantik reported $33,882 in plan administrative expenses for 2024: 1.20% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,258 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 1 year on file its reported administrative ratio rose from 0.41% to 1.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (1,967th of 2,419), and 2,465th of 3,341 in other services. In 2024, employees put in $3.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,027,526
Participants with balances236
Active participants235
Employer contributions$295,747
Employee contributions$1,066,852
Employer contribution per active participant$1,258
Average account balance$17,066
Benefits paid to participants$138,582
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$4.0M · 236 accts · $296K emplr
2023$1.6M · 110 accts · $182K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,452
Investment management$430
Total administrative$33,882
The Belair Instrument Company, LLC dba Avantik 401(k) match · 2024
Employer contribution per active participant$1,258
Median for plans this size$1,313
2024$1,258 per active participant
2023$1,320 per active participant

Belair Instrument Company, LLC dba Avantik's 2024 employer contribution ran below the $1,313 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
TRANSAMERICA FINANCIAL LIFE INS · Recordkeeping · Loan processing$20,497
ADMIN. GROUP, LLC DBA TAG RESOURCES · Recordkeeping · Loan processing$12,955
LPL FINANCIAL CORPORATION · Investment advisory (plan)$430

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

Recordkeeper by year2
2024ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica
2023ADMIN. GROUP, LLC DBA TAG RESOURCES, Transamerica

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Administrative cost history2
2024$33,882 · 1.20%
2023$6,643 · 0.41%
Same employer
Similar plansOther Services · New Jersey
Qe Solar, LLC NJ$4.4M · 0.31%
Faps, Inc. NJ$3.4M · 0.99%
Tr Spa Inc NJ$2.7M · 1.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465528724 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.