Plan Ledger DOL Form 5500 · updated monthly

Renovo Solutions, LLC401(k)

RENOVO SOLUTIONS, LLC 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Renovo Solutions, LLC reported $71,577 in plan administrative expenses for 2024: 0.31% of average plan assets, above the peer median. Employer contributions averaged $3,799 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 0.33% to 0.31%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,001st-largest of 9,483 plans among California employers on file, and the 4,620th of 11,654 in professional & technical services. In 2024, employees put in $1.60 for every $1.00 the employer contributed; active participation has grown from 359 to 597 since 2022.

Plan summary
Net assets, end of year$26,003,969
Participants with balances655
Active participants597
Employer contributions$2,267,926
Employee contributions$3,622,291
Employer contribution per active participant$3,799
Average account balance$39,701
Benefits paid to participants$3,526,237
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 655 accts · $2.3M emplr
2023$20.2M · 654 accts · $986K emplr
2022$15.4M · 412 accts · $849K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,702
Investment management$14,875
Total administrative$71,577
The Renovo Solutions, LLC 401(k) match · 2024
Employer contribution per active participant$3,799
Median for plans this size$2,416
2024$3,799 per active participant
2023$1,826 per active participant
2022$2,364 per active participant

Renovo Solutions, 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
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$56,702
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$13,750
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect 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
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,577 · 0.31%
2023$57,339 · 0.32%
2022$50,713 · 0.33%
Same employer
Similar plansProfessional & Technical Services · California
Plume Design, Inc. CA$26.2M · 0.08%
Melissa Data Corporation CA$26.0M · 0.35%
Thomas Kinsey LLP CA$25.9M · 0.31%
Wish US Holdings, LLC CA$25.8M · 0.24%
Entisys Solutions, Inc. CA$25.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264296033 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.