Plan Ledger DOL Form 5500 · updated monthly

Stova Group, LLC401(k)

STOVA GROUP, LLC 401(K) PROFIT SHARING & TRUST · BLUFFDALE, UT · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Stova Group, LLC reported $58,016 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,723 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 fell from 0.58% to 0.48%. 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 405th-largest of 848 plans among Utah employers on file, and 7,225th of 11,654 in professional & technical services. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,541,642
Participants with balances221
Active participants116
Employer contributions$431,839
Employee contributions$898,830
Employer contribution per active participant$3,723
Average account balance$56,750
Benefits paid to participants$1,731,295
Plan auditUnmodified (clean) audit opinion
AuditorFIONDELLA MILONE & LASARACINA
Plan history2
Yearassets · accounts · employer contribution
2024$12.5M · 221 accts · $432K emplr
2023$11.5M · 243 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,467
Investment management$29,549
Total administrative$58,016
The Stova Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,723
Median for plans this size$2,416
2024$3,723 per active participant
2023$3,805 per active participant

Stova Group, 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
UBS FINANCIAL SERVICES, INC. · Recordkeeping · Trustee$29,549
ADP, INC. · Loan processing · Recordkeeping$28,466
ADP BROKER-DEALERindirect 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
2024ADP, UBS
2023ADP, UBS

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Administrative cost history2
2024$58,016 · 0.48%
2023$54,301 · 0.58%
Similar plansProfessional & Technical Services · Utah
Becklar, LLC UT$13.0M · 0.80%
Mid-State Consultants UT$12.5M · 0.70%
Caselle, Inc. UT$12.4M · 0.51%
Elementum LTD UT$11.9M · 0.06%
Infotrax Systems UT$11.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 920440466 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.