Plan Snapshot
- Plan Sponsor: Avaap Usa, LLC
- Sponsor EIN: 262647108
- Sponsor Address: 1400 GOODALE BOULEVARD SUITE 100, COLUMBUS, OH, 432123777
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 517
- Total Assets: $69.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 517 | $69.0M | $0 | $0 |
| 2024 | 328 | $54.6M | $1.6M | $5.3M |
| 2023 | 367 | $44.8M | $1.5M | $5.1M |
| 2022 | 378 | $34.3M | $1.5M | $4.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| HAUSER RETIREMENT SOLUTIONS, LLC | Investment Advisor | $67,884 | — | $67,884 |
| ADP, INC. | Recordkeeper | $50,105 | — | $50,105 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,989
- Estimated Expense Ratio: 0.171% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $4,095,471 | $67,884 | $2,628 | — | — |
| 2024 | $160,911 | $102,074 | — | — | — |
| 2023 | $174,687 | $118,823 | — | — | — |
| 2022 | $160,222 | — | — | — | — |