Plan Ledger DOL Form 5500 · updated monthly

Novaria Holdings401(k)

NOVARIA HOLDINGS 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Novaria Holdings reported $116,668 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $1,428 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 3 years on file its reported administrative ratio has held roughly steady near 0.271%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,124th-largest of 5,688 plans among Texas employers on file, and the 3,338th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 1,077 to 1,551 since 2022.

Plan summary
Net assets, end of year$46,118,315
Participants with balances949
Active participants1,551
Employer contributions$2,214,845
Employee contributions$4,047,523
Employer contribution per active participant$1,428
Average account balance$48,597
Benefits paid to participants$6,434,900
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$46.1M · 949 accts · $2.2M emplr
2023$40.1M · 821 accts · $1.9M emplr
2022$32.4M · 759 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$91,494
Investment management$25,174
Total administrative$116,668
The Novaria Holdings 401(k) match · 2024
Employer contribution per active participant$1,428
Median for plans this size$2,416
2024$1,428 per active participant
2023$1,641 per active participant
2022$1,240 per active participant

Novaria Holdings'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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$25,174

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$116,668 · 0.27%
2023$106,377 · 0.29%
2022$82,305 · 0.27%
Same employer
Similar plansManufacturing · Texas
Mission Pharmacal Company TX$47.4M · 0.05%
Reddy Ice LLC TX$46.6M · 0.56%
Cfan Company TX$46.5M · 0.18%
Igloo Products Corp. TX$45.7M · 0.25%
Kps Global, LLC TX$45.3M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320448473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.