Plan Snapshot
- Plan Sponsor: Novus Ag, LLC
- Sponsor EIN: 463005373
- Sponsor Address: 3420 E HARMONY RD., FORT COLLINS, CO, 80528
- Plan Type: 401(k)
- Total Participants: 427
- Total Assets: $20.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 427 | $20.8M | $1.1M | $2.1M |
| 2023 | 436 | $17.0M | $1.0M | $1.9M |
| 2022 | 446 | $11.5M | $931,316 | $1.7M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $42,541 | — | $42,541 |
| MORGAN STANLEY SMITH BARNEY | INVESTMENT/FINANCIAL ADVI | $28,674 | — | $28,674 |
| RICHEY MAY & CO. LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- MORGAN STANLEY SMITH BARNEY — INVESTMENT/FINANCIAL ADVI
- RICHEY MAY & CO. LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,215
- Estimated Expense Ratio: 0.343% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $71,216 | $28,674 | — | — | — |
| 2023 | $104,351 | $59,964 | — | — | — |
| 2022 | $74,171 | — | — | — | — |