401(k) · DOL Form 5500 · 2022

Ovative Group LLC 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
305
Participants Below avg headcount
75th
Percentile by assets National rank
$55,920
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ovative Group 401(k) Plan · Sponsored by Ovative Group LLC · Minnesota · Professional & Technical Services

$17M in assets, 305 participants

Ovative Group LLC's Ovative Group 401(k) Plan reported $17M in total assets and 305 participants in its 2022 DOL Form 5500 filing, ranking in the 75th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #16,088 in Professional & Technical Services (21,562 peers)

Coverage in Minnesota

Ovative Group 401(k) Plan covers 305 participants in Minnesota, about 27% of the average Minnesota filer (state average ~1,126 per filing). Assets: $17M.

#16,088
in Professional & Technical Services (21,562 peers)
+21.7%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Ovative Group 401(k) Plan's outsized position by total assets

Ovative Group 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$17,055,565 Top 25% higher than 75% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Ovative Group 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ovative Group 401(k) Plan sits mid-pack in the medium band (305 participants).

EBSA filing schedule strip

Filing strip 271175614 · Ovative Group LLC PY 2022 · 401(k)

Ovative Group 401(k) Plan · $17M · 305 · 75th

  • 5500 $17M
  • ASSETS 305
  • PCT 75th
  • EIN 401(k)
  • RANK near Kruggel, Lawton & Co. Employees' Benefit Plan
  • PHOTO ind #16088

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Minnesota →

Ovative Group 401(k) Plan in the asset neighbourhood

Ovative Group 401(k) Plan$17MKruggel, Lawton & Co. Employees' Benefit PlanKruggel, Lawton & Co. Employ…$17MFlagship Holding Profit Sharing and 401(k) PlanFlagship Holding Profit Shar…$17MThe Liberty Company 401(k) PlanThe Liberty Company 401(k) P…$17MIoffice + Spaceiq 401(k) Savings PlanIoffice + Spaceiq 401(k) Sav…$17M
End-of-year total assets ($M) among Ovative Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$17M
Net Income$3M
Employer EIN271175614
Plan Effective Date2010-06-05
Filing StatusFILING RECEIVED

Sponsor Plan History (Ovative Group LLC)

Sponsor-wide plan assets over time

All Ovative Group LLC plans reported in each filing year

Latest sponsor-wide plan assets
$38M 121.51728189596768% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $17.1M $37.8M ▲ +121.5%
Year Plans Participants Total Assets
2022 1 305 $17M
2023 1 465 $27M
2024 1 505 $38M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Ovative Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Ovative Group 401(k) Plan, Total assets ($B): 0.017055565 · Participants: 305Ovative Group 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Ovative Group 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Ovative Group 401(k) Plan side-by-side with 3 peers →

Ovative Group 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Kruggel, Lawton & Co. Employees' Benefit Plan in IN ($17M); by covered participants it is Unite Retirement Savings Plan in MO (305 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Similar participant headcount

Nearest other-state filings by covered participants (305 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Ovative Group 401(k) Plan assets move in 2022? ▼
Ovative Group 401(k) Plan grew sharply - up 21.7% during 2022, from $14M to $17M. Reported net income was $3M.
How have Ovative Group LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ovative Group LLC's sponsor-wide assets grew 121.5%, from $17M to $38M.
Where does Ovative Group 401(k) Plan rank by assets among Form 5500 filers? ▼
Ovative Group 401(k) Plan ranks in the 75th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Ovative Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kruggel, Lawton & Co. Employees' Benefit Plan in IN ($17M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Ovative Group 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Unite Retirement Savings Plan in MO (305 participants, $14M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 271175614.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.