Plan Ledger DOL Form 5500 · updated monthly

Gc Avantech, LLC401(k)

AVANTECH, INC 401(K) AND PROFIT SHARING PLAN · COLUMBIA, SC · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Gc Avantech, LLC reported $63,466 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,743 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 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 362nd-largest of 807 plans among South Carolina employers on file, and the 829th of 2,534 in administrative & support services. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,569,432
Participants with balances138
Active participants159
Employer contributions$436,155
Employee contributions$1,023,626
Employer contribution per active participant$2,743
Average account balance$98,329
Benefits paid to participants$1,860,625
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.6M · 138 accts · $436K emplr
2023$12.1M · 140 accts · $408K emplr
2022$9.9M · 144 accts · $376K emplr
Administrative expenses, itemized · 2024
Investment management$63,466
Total administrative$63,466
The Gc Avantech, LLC 401(k) match · 2024
Employer contribution per active participant$2,743
Median for plans this size$2,416
2024$2,743 per active participant
2023$2,548 per active participant
2022$2,492 per active participant

Gc Avantech, LLC'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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,064
JANNEY MONTGOMERY SCOTT LLC · Investment advisory (participants)$19,924

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$63,466 · 0.49%
2023$51,280 · 0.47%
2022$49,758 · 0.48%
Same employer
Similar plansAdministrative & Support Services · South Carolina
Williams & Fudge, Inc. SC$26.2M · 0.15%
Amarok, LLC SC$19.3M · 0.45%
Technica LLC SC$16.6M · 1.31%
Value Added Solutions, Inc. SC$11.9M · 0.63%
Find Great People, LLC SC$8.8M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582464778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.