Plan Ledger DOL Form 5500 · updated monthly

Ovation Plumbing, Inc.401(k)

OVATION PLUMBING HEATING & AIR 401(K) RETIREMENT PLAN · DENVER, CO · plan year 2022

Reported admin expense ratio · 2022
0.13%

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

Ovation Plumbing, Inc. reported $4,605 in plan administrative expenses for 2022: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $718 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 construction employers. By assets it is among the smaller plans on file in Colorado (1,205th of 1,461), and 4,584th of 5,337 in construction. In 2022, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,813,255
Participants with balances96
Active participants90
Employer contributions$64,653
Employee contributions$162,267
Employer contribution per active participant$718
Average account balance$29,305
Benefits paid to participants$888,163
Plan auditDisclaimer of opinion
AuditorJIM BUSH - JAB CPA, LLC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$4,605
Total administrative$4,605
The Ovation Plumbing, Inc. 401(k) match · 2022
Employer contribution per active participant$718
Median for plans this size$1,114

Ovation Plumbing, 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$4,605 · 0.13%
Same employer
Similar plansConstruction · Colorado
Custom Leasing Inc. CO$3.1M · 0.58%
Soderberg Masonry, Inc. CO$2.8M · 0.83%
Xssentials LLC CO$2.5M · 0.10%
Courtesy Electric Co CO$2.4M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841233536 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.