Plan Ledger DOL Form 5500 · updated monthly

Nova Center of the Ozarks401(k)

NOVA CENTER OF THE OZARKS 401(K) PLAN · SPRINGFIELD, MO · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Nova Center of the Ozarks reported $6,053 in plan administrative expenses for 2024: 0.35% of average plan assets, below the peer median. Employer contributions averaged $1,154 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 0.47% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Missouri (1,260th of 1,393), and 10,068th of 11,911 in health care & social assistance. In 2024, employees put in $1.15 for every $1.00 the employer contributed; active participation has grown from 116 to 178 since 2022.

Plan summary
Net assets, end of year$1,975,797
Participants with balances142
Active participants178
Employer contributions$205,406
Employee contributions$236,854
Employer contribution per active participant$1,154
Average account balance$13,914
Benefits paid to participants$175,726
Plan auditUnmodified (clean) audit opinion
AuditorELLIOTT, ROBINSON & COMPANY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.0M · 142 accts · $205K emplr
2023$1.5M · 114 accts · $150K emplr
2022$1.2M · 92 accts · $126K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$496
Total administrative$6,053
The Nova Center of the Ozarks 401(k) match · 2024
Employer contribution per active participant$1,154
Median for plans this size$1,313
2024$1,154 per active participant
2023$1,350 per active participant
2022$1,082 per active participant

Nova Center of the Ozarks's 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$6,053 · 0.35%
2023$2,665 · 0.20%
2022$4,859 · 0.47%
Similar plansHealth Care & Social Assistance · Missouri
Willows Way, Inc. MO$2.0M · 0.06%
Nazareth Living Center MO$1.9M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431554315 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.