Plan Ledger DOL Form 5500 · updated monthly

Mike Rovner Construction, Inc.401(k)

MIKE ROVNER CONSTRUCTION, INC. 401(K) PROFIT SHARING PLAN · MOORPARK, CA · plan year 2022

Reported admin expense ratio · 2022
0.32%

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

Mike Rovner Construction, Inc. reported $11,750 in plan administrative expenses for 2022: 0.32% of average plan assets, below the peer median. Employer contributions averaged $908 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,588th of 9,483), and 10,331st of 11,654 in professional & technical services. In 2022, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,560,389
Participants with balances94
Active participants156
Employer contributions$141,610
Employee contributions$242,415
Employer contribution per active participant$908
Average account balance$37,876
Benefits paid to participants$151,797
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,400
Professional / advisory$2,350
Total administrative$11,750
The Mike Rovner Construction, Inc. 401(k) match · 2022
Employer contribution per active participant$908
Median for plans this size$1,114

Mike Rovner Construction, Inc.'s 2022 employer contribution ran below the $1,114 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$11,750 · 0.32%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 770568828 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.