Plan Snapshot
- Plan Sponsor: Avants Operations, LLC
- Sponsor EIN: 814997570
- Sponsor Address: 1091 FOUNDER'S BOULEVARD, SUITE D, ATHENS, GA, 30606
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $4.0M
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 | 268 | $4.0M | $212,962 | $318,438 |
| 2023 | 189 | $3.4M | $211,903 | $284,144 |
| 2022 | 188 | $2.6M | $217,596 | $283,695 |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INS CO | Recordkeeper | $22,184 | — | $22,184 |
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $8,579 | — | $8,579 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA LIFE INS CO — Recordkeeper
- LINCOLN NATIONAL CORPORATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,763
- Estimated Expense Ratio: 0.775% 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 | $32,708 | $295 | $8,579 | — | — |
| 2023 | $39,651 | $585 | $2,700 | — | — |
| 2022 | $36,375 | — | $36,375 | — | — |