Plan Ledger DOL Form 5500 · updated monthly

Trovata, Inc.401(k)

TROVATA 401(K) PLAN · SOLANA BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Trovata, Inc. reported $3,826 in plan administrative expenses for 2024: 0.14% of average plan assets, lower 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 0.135% to 0.144%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (7,989th of 9,483), and 4,606th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$2,705,369
Participants with balances89
Active participants55
Employer contributions$0
Employee contributions$644,979
Employer contribution per active participant$0
Average account balance$30,397
Benefits paid to participants$895,323
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.7M · 89 accts
2023$2.6M · 107 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,720
Investment management$2,106
Total administrative$3,826
The Trovata, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Trovata, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2024$3,826 · 0.14%
2023$2,898 · 0.14%
Same employer
Similar plansFinance & Insurance · California
True Link Financial, Inc. CA$3.0M · 0.14%
24 Carrots LLC CA$2.7M · 0.46%
Clearpath Lending CA$2.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812922359 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.