Avg Intermediate Holdings, LLC 401(k) Review & Grade
Avg 401k Plan
Tampa, FLProfessional, Scientific & Technical Services2,792 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$131Employer $ per active participant
$1,204Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$13.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity5.2 / 5010th percentile for employer $ per participant
- Low cost8.5 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving1.5 / 1510th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score15 / 100 · Grade F
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 10th |
| Lower admin cost | 34th |
| Employee saving | 10th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
Corrective distributions: the plan refunded $35,593 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Avg Intermediate Holdings put in about $131 per active participant, below the typical peer ($2,951). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.20% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $366,414 |
| Participant (employee) contributions | $3,360,395 |
| Other contributions (incl. rollovers in) | $1,194,270 |
| Administrative expenses paid from the plan | $27,606 |
| Investment advisory & management fees | $2,118 |
| Benefits paid out | $988,077 |
| Net assets, start / end of year | $0 / $13.6M |
| Active participants, start / end of year | 2,515 / 3,069 |
| Participants with account balances | 808 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Assurance Dimensions LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $25,488 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251008081746NAL0003117955001, received 2025-10-08, EIN 30-0884480, plan #001, plan year 2024-02-01 to 2024-12-31. Verify at efast.dol.gov.