Plan Ledger DOL Form 5500 · updated monthly

Corvias Group, LLC401(k)

CORVIAS GROUP, LLC SAVINGS & RETIREMENT PLAN · WARWICK, RI · plan year 2022

Reported admin expense ratio · 2022
0.31%

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

Corvias Group, LLC reported $199,087 in plan administrative expenses for 2022: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,853 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other construction employers. By assets it is the 66th-largest of 286 plans among Rhode Island employers on file, and the 970th of 5,337 in construction. In 2022, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$55,564,425
Participants with balances1,076
Active participants738
Employer contributions$2,105,392
Employee contributions$4,510,680
Employer contribution per active participant$2,853
Average account balance$51,640
Benefits paid to participants$8,161,676
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$199,087
Total administrative$199,087
The Corvias Group, LLC 401(k) match · 2022
Employer contribution per active participant$2,853
Median for plans this size$3,449

Corvias Group, LLC's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$199,087 · 0.31%
Same employer
Similar plansConstruction · Rhode Island
Dimeo Construction Company RI$92.7M · 0.35%
Esler Companies, LLC RI$85.0M · 0.43%
J.H. Lynch & Sons, Inc. RI$40.1M · 0.18%
Encore Holdings, LLC RI$35.8M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460862534 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.