Plan Ledger DOL Form 5500 · updated monthly

The Avascent Group, LTD.401(k)

THE AVASCENT GROUP 401(K) PLAN · WASHINGTON, DC · plan year 2022

Reported admin expense ratio · 2022
0.40%

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

The Avascent Group, LTD. reported $80,658 in plan administrative expenses for 2022: 0.40% of average plan assets, above the peer median. Employer contributions averaged $170,484 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in District of Columbia (374th of 618), and 6,372nd of 11,654 in professional & technical services. In 2022, employees put in $1.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,888,604
Participants with balances148
Active participants4
Employer contributions$681,935
Employee contributions$1,223,198
Employer contribution per active participant$170,484
Average account balance$107,355
Benefits paid to participants$5,934,126
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $103K emplr
2022$15.9M · 148 accts · $682K emplr
The The Avascent Group, LTD. 401(k) match · 2022
Employer contribution per active participant$170,484
Median for plans this size$2,266

The Avascent Group, LTD.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$80,658 · 0.40%
Similar plansProfessional & Technical Services · District of Columbia
Psb Insights, LLC DC$16.3M · 0.46%
The Kellen Company DC$14.4M · 0.43%
Computercraft Corporation DC$13.8M · 0.52%
Summit Consulting,Llc DC$13.2M · 0.81%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611517691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.