Plan Ledger DOL Form 5500 · updated monthly

Novum Holdings LLC401(k)

NOVUM STRUCTURES, LLC 401(K) RETIREMENT PLAN · MENOMONEE FALLS, WI · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

Novum Holdings LLC reported $19,080 in plan administrative expenses for 2025: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,954 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 rose from 0.02% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other construction employers. By assets it is the 693rd-largest of 1,936 plans among Wisconsin employers on file, and the 1,653rd of 5,337 in construction. In 2025, employees put in $3.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,832,301
Participants with balances116
Active participants92
Employer contributions$363,730
Employee contributions$1,131,812
Employer contribution per active participant$3,954
Average account balance$231,313
Benefits paid to participants$2,543,436
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$26.8M · 116 accts · $364K emplr
2024$24.4M · 124 accts · $411K emplr
2023$21.6M · 125 accts · $346K emplr
2022$17.4M · 128 accts · $342K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$4,335
Investment management$14,445
Total administrative$19,080
The Novum Holdings LLC 401(k) match · 2025
Employer contribution per active participant$3,954
Median for plans this size$2,666
2025$3,954 per active participant
2024$4,330 per active participant
2023$4,275 per active participant
2022$3,935 per active participant

Novum Holdings LLC's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
VRAKAS BUSINESS VALUATIONS$10,500
NORTHWESTERN MUTUAL WEALTH MGMT COindirect comp

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

Administrative cost history4
2025$19,080 · 0.07%
2024$13,810 · 0.06%
2023$4,157 · 0.02%
2022$3,740 · 0.02%
Similar plansConstruction · Wisconsin
Equix Holdings, Inc. WI$33.0M · 0.21%
Vh Holdings, LLC WI$32.2M · 0.34%
Super Excavator, Inc. WI$26.8M · 0.19%
Northern Clearing Inc. WI$25.7M · 0.00%
Erdman Company WI$24.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204601445 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.