Plan Snapshot
- Plan Sponsor: Avita Medical Americas LLC
- Sponsor EIN: 202578762
- Sponsor Address: 28159 AVENUE STANFORD, VALENCIA, CA, 913552277
- Plan Type: 401(k)
- Total Participants: 252
- Total Assets: $20.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 252 | $20.6M | $2.2M | $3.1M |
| 2023 | 193 | $14.6M | $1.3M | $2.0M |
| 2022 | 119 | $10.2M | $1.4M | $1.4M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $41,028 | — | $41,028 |
| GENEOS WEALTH MANAGEMENT INC | SERVICE PROVIDER | — | $25,532 | $25,532 |
| 401K SAFE 3(16), LLC | SERVICE PROVIDER | $7,217 | — | $7,217 |
| LEE CPA AUDIT GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE CPA AUDIT GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,777
- Estimated Expense Ratio: 0.358% 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 | $50,682 | $9,933 | $37,409 | — | — |
| 2023 | $40,418 | $8,268 | $31,650 | — | — |
| 2022 | $14,496 | — | — | — | — |