Plan Ledger DOL Form 5500 · updated monthly

Novus AG, LLC401(k)

NOVUS AG, LLC 401(K) PLAN · FORT COLLINS, CO · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Novus AG, LLC reported $71,216 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $2,492 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 0.65% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 501st-largest of 1,461 plans among Colorado employers on file, and the 1,831st of 4,246 in wholesale trade. In 2024, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,776,226
Participants with balances426
Active participants427
Employer contributions$1,064,028
Employee contributions$2,051,507
Employer contribution per active participant$2,492
Average account balance$48,770
Benefits paid to participants$2,155,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.8M · 426 accts · $1.1M emplr
2023$17.0M · 437 accts · $1.0M emplr
2022$11.5M · 429 accts · $931K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,542
Investment management$28,674
Total administrative$71,216
The Novus AG, LLC 401(k) match · 2024
Employer contribution per active participant$2,492
Median for plans this size$2,416
2024$2,492 per active participant
2023$2,401 per active participant
2022$2,088 per active participant

Novus AG, LLC's 2024 employer contribution ran above 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$42,541
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$28,674
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, Morgan Stanley
2023ADP, CREATIVE PLANNING HOLDCO, LLC

This plan has changed recordkeepers within these filings. If you left Novus AG, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,216 · 0.38%
2023$104,351 · 0.73%
2022$74,171 · 0.65%
Same employer
Similar plansWholesale Trade · Colorado
Mikron Corp Monroe CO$24.8M · 0.04%
Honnen Equipment Company CO$24.0M · 0.21%
Workplace Elements CO$22.2M · 0.69%
Dana Kepner Company, LLC CO$21.8M · 0.15%
Paragon 28, Inc. CO$20.3M · 0.09%
Colorado Doorways, Inc. CO$19.4M · 0.06%
Solsbury Hill, LLC CO$19.1M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463005373 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.