Aviagen, Inc. 401(k) Review & Grade
Aviagen, Inc. 401(k) Retirement Plan
Huntsville, ALAgriculture, Forestry, Fishing & Hunting1,840 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,246Employer $ per active participant
$3,057Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$141.6MNet plan assets, end of year
$53,696Average balance per account
Score breakdown
- Employer generosity44.0 / 5088th percentile for employer $ per participant
- Low cost22.7 / 2591th percentile for low admin cost vs. same-size plans
- Employee saving9.9 / 1566th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Agriculture, Forestry, Fishing & Hunting plans with 500–2,499 active participants (118 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 88th |
| Lower admin cost | 91th |
| Employee saving | 66th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Aviagen put in about $3,246 per active participant, more than the typical peer ($774). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- 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 | $5,974,619 |
| Participant (employee) contributions | $5,626,810 |
| Other contributions (incl. rollovers in) | $1,068,519 |
| Administrative expenses paid from the plan | $50,555 |
| Investment advisory & management fees | $49,601 |
| Other admin expenses | $61,210 |
| Benefits paid out | $16,082,612 |
| Net assets, start / end of year | $126.4M / $141.6M |
| Active participants, start / end of year | 1,585 / 2,096 |
| Participants with account balances | 2,637 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Captrust | $61,210 reported compensation |
| Strategic Advisors, Inc. | $49,601 reported compensation |
| Forvis Mazars | $25,200 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250714200736NAL0003357938001, received 2025-07-14, EIN 52-1542646, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.