Plan Ledger DOL Form 5500 · updated monthly

Rvo Health, LLC401(k)

RVO HEALTH 401(K) RETIREMENT PLAN · MINNETONKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Rvo Health, LLC reported $59,070 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $5,961 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 0.05% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 381st-largest of 1,918 plans among Minnesota employers on file, and the 1,452nd of 11,911 in health care & social assistance. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,235,086
Participants with balances1,511
Active participants1,294
Employer contributions$7,713,761
Employee contributions$14,824,617
Employer contribution per active participant$5,961
Average account balance$45,821
Benefits paid to participants$3,712,869
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$69.2M · 1,511 accts · $7.7M emplr
2023$40.3M · 1,486 accts · $7.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,570
Audit (IQPA)$17,500
Total administrative$59,070
The Rvo Health, LLC 401(k) match · 2024
Employer contribution per active participant$5,961
Median for plans this size$3,635
2024$5,961 per active participant
2023$5,366 per active participant

Rvo Health, LLC's 2024 employer contribution ran above the $3,635 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 · 20242
FIDELITY INVESTMENTS INS OPS CO LLC · Loan processing$41,603
BAKER TILLY US LLP · Accounting / audit$17,500

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

Administrative cost history2
2024$59,070 · 0.11%
2023$21,190 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Lakewood Health System MN$78.4M · 0.24%
Ecumen MN$69.1M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 881570490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.