Avants Operations, LLC 401(K) Plan — Form 5500 plan (Avants Operations, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Avants Operations, LLC 401(K) Plan is a benefit plan reported by Avants Operations, LLC under EIN 81-4997570 and plan number 001. The latest loaded filing year is 2023. The filing reports 262 participants and $3,390,983 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.4MPlan net assets, end of year$3,390,983
Participants262Covered participants reported
Assets / participant$12.9KComputed: assets ÷ participants$12,943 (computed)
Provider compensation$40K4 Schedule C provider row(s)$40,021
Plan sponsor
Avants Operations, LLC
EIN
81-4997570
Plan number
001
Plan type
2
Location
Athens, GA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023262H, C20241210104303NAL0011700417001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.4M total assets
Net assets$3.4MLiabilities$0
Money in vs. money out
Total income / additions$1M
Total expenses$262.6K
Benefits paid / distributions$223K
Contributions
Employer$211.9K
Participant$284.1K
Full reported line items

Net assets

Total assets (EOY)
$3,390,983
Total liabilities (EOY)
$0
Net assets (EOY)
$3,390,983
Net assets (BOY)
$2,619,826

Income & contributions

Employer contributions
$211,903
Participant contributions
$284,144
Total contributions
$496,047
Total income / additions
$1,033,801

Expenses & distributions

Benefits paid
$222,993
Administrative expenses
$39,651
Total expenses
$262,644
Net increase / (decrease)
$771,157
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 43%Participant 57%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income22%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Life Ins CoRECORD KEEPER$36,366$02023
Admin. Group, LLC Dba Tag ResourcesRECORD KEEPER$2,700$02023
Mesirow FinancialINVESTMENT ADVISORY$585not reported in the loaded dataset2023
Lpl FinancialBROKER$0$3702023

Related Form 5500 pages