Plan Ledger DOL Form 5500 · updated monthly

Viva 5, LLC dba Growve401(k)

GROWVE 401(K) PLAN · ST. PETERSBERG, FL · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Viva 5, LLC dba Growve reported $18,436 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,457 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 0.27% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,185th of 3,644), and 10,259th of 13,661 in manufacturing. In 2023, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,850,753
Participants with balances207
Active participants243
Employer contributions$597,099
Employee contributions$1,080,270
Employer contribution per active participant$2,457
Average account balance$33,095
Benefits paid to participants$892,579
Plan auditUnmodified (clean) audit opinion
AuditorTANNER LLC
Plan history2
Yearassets · accounts · employer contribution
2024$6.6M · 159 accts · $727K emplr
2023$6.9M · 207 accts · $597K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,733
Total administrative$18,436
The Viva 5, LLC dba Growve 401(k) match · 2023
Employer contribution per active participant$2,457
Median for plans this size$1,308
2024$2,257 per active participant
2023$2,457 per active participant

Viva 5, LLC dba Growve's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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 · 20234
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$7,431
NATIONAL BENEFIT SERVICES, LLC · Contract administrator$6,125
EMPOWER ADVISORY GROUP, LLC · Investment management$1,035

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$49,372 · 0.74%
2023$18,436 · 0.27%
Same employer
Similar plansManufacturing · Florida
03 USA, Inc. FL$7.0M · 0.63%
Tse Industries, Inc. FL$7.0M · 0.49%
Lidworks, Co. FL$6.9M · 0.72%
R.L. Schreiber, Inc. FL$6.7M · 0.80%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204540780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.