Plan Snapshot
- Plan Sponsor: The Rovisys Company
- Sponsor EIN: 341608766
- Sponsor Address: 1455 DANNER DR, AURORA, OH, 44202
- Plan Type: 401(k)
- Total Participants: 1,148
- Total Assets: $136.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,148 | $136.3M | $2.9M | $9.4M |
| 2023 | 951 | $110.4M | $2.4M | $7.9M |
| 2022 | 776 | $87.6M | $6.8M | $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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $83,899 | — | $83,899 |
| NEWPORT TRUST COMPANY | TRUSTEE | $36,786 | — | $36,786 |
| MALONEY & NOVOTNY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MALONEY & NOVOTNY — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,685
- Estimated Expense Ratio: 0.089% 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 | $120,320 | — | $78,852 | — | — |
| 2023 | $100,878 | — | $15,527 | $2,550 | — |
| 2022 | $104,912 | — | $85,547 | — | $19,365 |