Plan Snapshot
- Plan Sponsor: Avant, LLC.
- Sponsor EIN: 461341612
- Sponsor Address: 222 W. MERCHANDISE MART, CHICAGO, IL, 60654
- Plan Type: 401(k)
- Total Participants: 233
- Total Assets: $27.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 233 | $27.7M | $1.1M | $2.5M |
| 2023 | 284 | $23.6M | $1.4M | $3.2M |
| 2022 | 487 | $17.5M | $1.4M | $3.1M |
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 |
|---|---|---|---|---|
| SMITH & HOWARD, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $50,991 | — | $24,640 | — | — |
| 2023 | $56,652 | — | $21,652 | — | — |
| 2022 | $27,037 | $7,697 | $6,120 | — | — |