Plan Ledger DOL Form 5500 · updated monthly

Corval Group, Inc.401(k)

CORVAL GROUP COMPANIES RETIREMENT PLAN · SAINT PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Corval Group, Inc. reported $43,772 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,333 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 0.22% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 543rd-largest of 1,918 plans among Minnesota employers on file, and the 1,153rd of 5,337 in construction. In 2024, employees put in $3.20 for every $1.00 the employer contributed; active participation has shrunk from 248 to 205 since 2022.

Plan summary
Net assets, end of year$44,142,716
Participants with balances138
Active participants205
Employer contributions$273,241
Employee contributions$873,075
Employer contribution per active participant$1,333
Average account balance$319,875
Benefits paid to participants$1,732,356
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$44.1M · 138 accts · $273K emplr
2023$40.0M · 155 accts · $176K emplr
2022$31.0M · 137 accts · $185K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,772
Investment management$40,000
Total administrative$43,772
The Corval Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,333
Median for plans this size$2,416
2024$1,333 per active participant
2023$795 per active participant
2022$746 per active participant

Corval Group, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$35,534
CHRISTENSEN GROUP FINANCIAL, LLC · Investment advisory (plan)$40,000

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

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$43,772 · 0.10%
2023$62,847 · 0.18%
2022$60,867 · 0.22%
Similar plansConstruction · Minnesota
Sitelogiq, Inc MN$44.6M · 0.17%
Weis Builders, Inc. MN$40.2M · 0.17%
Knutson Holdings, Inc. MN$39.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204223581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.