Plan Ledger DOL Form 5500 · updated monthly

Rovin, Inc.401(k)

ROVIN, INC. 401(K) PLAN · LEWISVILLE, TX · plan year 2023

Reported admin expense ratio · 2023
3.86%

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

Rovin, Inc. reported $9,995 in plan administrative expenses for 2023: 3.86% of average plan assets, higher than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 2.09% to 3.86%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Texas (5,506th of 5,688), and 1,959th of 2,240 in accommodation & food services. In 2023, employees put in $5471.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$390,004
Participants with balances95
Active participants426
Employer contributions$47
Employee contributions$257,138
Employer contribution per active participant$0
Average account balance$4,105
Benefits paid to participants$14,150
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$390K · 95 accts · $47 emplr
2022$128K · 106 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$8,468
Investment management$1,322
Trustee / custodial$205
Total administrative$9,995
The Rovin, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$522

Rovin, Inc.'s 2023 employer contribution ran below the $522 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$5,046
LINCOLN NATIONAL CORPORATION · Contract administrator$19

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

Administrative cost history2
2023$9,995 · 3.86%
2022$2,675 · 2.09%
Same employer
Similar plansAccommodation & Food Services · Texas
Jtp, LLC TX$426K · 0.63%
Iicorp TX$350K · 1.18%
7CREW Enterprises, LLC TX$336K · 2.67%
Patch Management, Inc. TX$309K · 2.40%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751778305 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.