# Avanos Medical, INC. DC Plan
Source: https://planprovider.pro/companies/avanos-medical-inc-plan-001

> Avanos Medical, INC.'s DC plan: 799 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Avanos Medical, INC.

- **Sponsor EIN:** 464987888

- **Sponsor Address:** 5405 WINDWARD PARKWAY, ALPHARETTA, GA, 30004

- **Plan Type:** DC

- **Total Participants:** 799

- **Total Assets:** $310.9M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|799|$310.9M|$6.1M|$11.7M|

| 2023|869|$287.2M|$6.7M|$12.7M|

| 2022|958|$258.3M|$6.3M|$12.6M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$247,868|—|$247,868|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$58,541|—|$58,541|

| MOORE COLSON|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $306,409

- **Estimated Expense Ratio:** 0.099% 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|

| 2024|$305,644|$247,868|$600|—|—|

| 2023|$320,695|$237,561|$600|—|—|

| 2022|$353,714|$242,593|—|—|—|

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