Avis Industrial Corporation 401(k) Review & Grade
Avis Industrial Corporation 401(k) Plan
Upland, INManagement of Companies682 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,470Employer $ per active participant
$5,212Employee $ saved per active participant
0.25%Direct admin cost, % of plan assets
$47.7MNet plan assets, end of year
$53,743Average balance per account
Score breakdown
- Employer generosity24.9 / 5050th percentile for employer $ per participant
- Low cost11.9 / 2548th percentile for low admin cost vs. same-size plans
- Employee saving6.6 / 1544th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Management of Companies plans with 500–2,499 active participants (172 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 50th |
| Lower admin cost | 48th |
| Employee saving | 44th |
| Peers that auto-enroll | 58% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $12,817 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Avis Industrial put in about $2,470 per active participant, below the typical peer ($2,492). 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.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $1,684,536 |
| Participant (employee) contributions | $3,554,687 |
| Other contributions (incl. rollovers in) | $435,790 |
| Administrative expenses paid from the plan | $113,298 |
| Contract administrator fees | $72,048 |
| Investment advisory & management fees | $41,250 |
| Benefits paid out | $8,024,470 |
| Net assets, start / end of year | $44.4M / $47.7M |
| Active participants, start / end of year | 671 / 693 |
| Participants with account balances | 888 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baden, Gage & Schroeder LLC |
Largest service providers (Schedule C)
| Stancorp Financial Group | $72,048 reported compensation |
| Ubs Financial Services, Inc. | $41,250 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015143817NAL0006610672001, received 2025-10-15, EIN 35-1558038, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.