Plan Ledger DOL Form 5500 · updated monthly

Arvig Enterprises, Inc.401(k)

ARVIG ENTERPRISES, INC. 401(K) PLAN · PERHAM, MN · plan year 2024

Reported admin expense ratio · 2024
0.15%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Arvig Enterprises, Inc. reported $127,403 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $1,383 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.20% to 0.15%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 297th-largest of 1,918 plans among Minnesota employers on file, and the 335th of 2,199 in information & media. In 2024, employees put in $4.65 for every $1.00 the employer contributed; active participation has grown from 771 to 861 since 2022.

Plan summary
Net assets, end of year$91,854,149
Participants with balances978
Active participants861
Employer contributions$1,190,445
Employee contributions$5,538,855
Employer contribution per active participant$1,383
Average account balance$93,920
Benefits paid to participants$6,244,560
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.9M · 978 accts · $1.2M emplr
2023$78.6M · 964 accts · $1.2M emplr
2022$70.2M · 913 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,649
Investment management$43,754
Total administrative$127,403
The Arvig Enterprises, Inc. 401(k) match · 2024
Employer contribution per active participant$1,383
Median for plans this size$3,635
2024$1,383 per active participant
2023$1,441 per active participant
2022$1,425 per active participant

Arvig Enterprises, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$83,649
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$22,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$21,754

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$127,403 · 0.15%
2023$141,745 · 0.19%
2022$154,984 · 0.20%
All plans at this employer2
ARVIG ENTERPRISES, INC. 401(K) PLAN401(k)
ARVIG EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 411507358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.