Retirement plan

AVANT HEALTHCARE PROFESSIONALS 401(K) PROFIT SHARING PLAN

Name: AVANT HEALTHCARE PROFESSIONALS, LLC - AVANT HEALTHCARE PROFESSIONALS 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: AVANT HEALTHCARE PROFESSIONALS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVANT HEALTHCARE PROFESSIONALS 401(K) PROFIT SHARING PLAN, AVANT HEALTHCARE PROFESSIONALS, LLC

AVANT HEALTHCARE PROFESSIONALS, LLCEIN 20-0072798Plan #001PY 2021

1211 SEMORAN BLVD, SUITE 227 - CASSELBERRY, FL 32707407-681-2999avanthealthcare.comLinkedIn501-1000 employeesstaffing and recruiting

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$7.9M

+27.2% from 2020

Total participants

826

-19.8% from 2020

Average account balance

$15,695

+16.8% from 2020

Annual return

13.63%

-21.04 pp from 2020

Benchmarks

See 736 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort736 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$25.58M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$14K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,778

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

91.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.21%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$135

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 1 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.6 years Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850	Recordkeeping	$72,402

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$72K

$134 / participant

Investment mgmt$72K100.0%

% of EOY assets

0.917%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,695

$41,647-62.3%

$96,192-83.7%

$86,821-81.9%

Participation rate

40.2%

50.3%-10.1pp

68.4%-28.3pp

72.3%-32.1pp

Annual return

13.63%

27.24%-13.6pp

192.09%-178.5pp

97.94%-84.3pp

Employer contribution / active EE

$1,423

$1,328+7.2%

$2,799-49.2%

$2,406-40.8%

Participant deferral / active EE

$2,779

$2,412+15.2%

$4,351-36.1%

$4,132-32.7%

Admin fee / account holder

$144

$169-15.0%

$5,539-97.4%

$170-15.1%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6 years

Filed as: MASSMUTUAL LIFE INSURANCE CO.

Service code 15 · EIN 04-1590850

Recordkeeping

$72,402

AVANT HEALTHCARE PROFESSIONALS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVANT HEALTHCARE PROFESSIONALS 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion