Plan Ledger DOL Form 5500 · updated monthly

The Rovisys Company401(k)

THE ROVISYS COMPANY 401(K) RETIREMENT PLAN · AURORA, OH · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

The Rovisys Company reported $120,320 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $2,537 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 0.11% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 294th-largest of 3,295 plans among Ohio employers on file, and the 1,151st of 11,654 in professional & technical services. In 2024, employees put in $3.23 for every $1.00 the employer contributed; active participation has grown from 776 to 1,148 since 2022.

Plan summary
Net assets, end of year$136,291,209
Participants with balances1,269
Active participants1,148
Employer contributions$2,912,481
Employee contributions$9,402,690
Employer contribution per active participant$2,537
Average account balance$107,400
Benefits paid to participants$4,744,759
Plan auditUnmodified (clean) audit opinion
AuditorMALONEY & NOVOTNY
Plan history3
Yearassets · accounts · employer contribution
2024$136.3M · 1,269 accts · $2.9M emplr
2023$110.4M · 1,092 accts · $2.4M emplr
2022$87.6M · 919 accts · $6.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,534
Trustee / custodial$36,786
Total administrative$120,320
The The Rovisys Company 401(k) match · 2024
Employer contribution per active participant$2,537
Median for plans this size$3,635
2024$2,537 per active participant
2023$2,546 per active participant
2022$8,734 per active participant

The Rovisys Company's 2024 employer contribution ran below 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
NEWPORT GROUP, INC. · Recordkeeping$83,899
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$36,786

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$120,320 · 0.10%
2023$100,878 · 0.10%
2022$104,912 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Ohio
Medvet, Inc. OH$146.7M · 0.22%
McDonald Hopkins LLC OH$139.7M · 0.13%
Roetzel & Andress, L.P.A. OH$138.9M · 0.09%
Burke, Inc. OH$129.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 341608766 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.