Renovation Systems, Inc.401(k)

Renovation Systems, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $5,773,682 across 161 participant accounts, with employer contributions averaging $750 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Minnesota (1,532nd of 1,918), and 3,829th of 5,337 in construction. In 2024, employees put in $2.39 for every $1.00 the employer contributed; active participation has grown from 137 to 418 since 2022.