Plan Ledger DOL Form 5500 · updated monthly

Ovative Group LLC401(k)

OVATIVE GROUP 401K PLAN · MINNEAPOLIS, MN · plan year 2025

Reported admin expense ratio · 2025
0.01%

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

Ovative Group LLC reported $2,693 in plan administrative expenses for 2025: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,893 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 fell from 0.02% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other professional & technical services employers. By assets it is the 496th-largest of 1,918 plans among Minnesota employers on file, and the 2,764th of 11,654 in professional & technical services. In 2025, employees put in $1.87 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$49,885,126
Participants with balances689
Active participants485
Employer contributions$2,373,054
Employee contributions$4,443,965
Employer contribution per active participant$4,893
Average account balance$72,402
Benefits paid to participants$3,444,888
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$49.9M · 689 accts · $2.4M emplr
2024$37.8M · 638 accts · $2.3M emplr
2023$27.2M · 641 accts · $2.3M emplr
2022$17.1M · 494 accts · $1.7M emplr
Administrative expenses, itemized · 2025
Investment management$6,120
Total administrative$2,693
The Ovative Group LLC 401(k) match · 2025
Employer contribution per active participant$4,893
Median for plans this size$2,666
2025$4,893 per active participant
2024$4,749 per active participant
2023$4,573 per active participant
2022$3,606 per active participant

Ovative Group LLC's 2025 employer contribution ran above the $2,666 median for plans its size, placing it in the top quarter of its peers. 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,120
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)indirect 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$2,693 · 0.01%
2024$2,673 · 0.01%
2023$2,167 · 0.01%
2022$2,498 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Nilan Johnson Lewis PA MN$51.9M · 0.14%
Meagher & Geer, P.L.L.P. MN$50.9M · 0.13%
Naviga Inc. MN$50.0M · 0.07%
Dunham Associates, Inc. MN$47.8M · 0.14%
Olsen Thielen & Co., LTD MN$47.2M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271175614 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.