401(k) · DOL Form 5500 · 2024

Ovative Group LLC 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
505
Participants Below avg headcount
81st
Percentile by assets National rank
$74,814
Avg per participant Below avg balance/head
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Official DOL plan name: Ovative Group 401(k) Plan · Sponsored by Ovative Group LLC · Minnesota · Professional & Technical Services

$38M in assets, 505 participants

Ovative Group LLC's Ovative Group 401(k) Plan reported $38M in total assets and 505 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,361 in Professional & Technical Services (20,173 peers)

Coverage in Minnesota

Ovative Group 401(k) Plan covers 505 participants in Minnesota, about 45% of the average Minnesota filer (state average ~1,126 per filing). Assets: $38M.

#16,361
in Professional & Technical Services (20,173 peers)
+38.7%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$37,781,024 Top 19% higher than 81% of 123,620 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 2024

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

Plan-year 2024 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 (505 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Ovative Group 401(k) Plan end-of-year assets rose from $27M in the plan year 2023 filing to $38M in the plan year 2024 filing.
  • Ovative Group 401(k) Plan reported participants rose from 465 in the plan year 2023 filing to 505 in the plan year 2024 filing.
  • Ovative Group 401(k) Plan reported net income rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 271175614 · Ovative Group LLC PY 2024 · 401(k)

Ovative Group 401(k) Plan · $38M · 505 · 81st

  • VS-ST $38M
  • VS-ST 505
  • VS-ST 81st
  • VS-ST 401(k)
  • VS-ST near Association of National Advertisers, Inc. 401(k) Profit Sharing Plan
  • VS-ST ind #16361

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$38MAssociation of National Advertisers, Inc. 401(k) Profit Sharing PlanAssociation of National Adve…$38MArcherpoint Employee Stock Ownership and 401(k) PlanArcherpoint Employee Stock O…$38MNorthwest Radiologists, Inc., P.S. Employees' Savings PlanNorthwest Radiologists, Inc.…$38MAccess Management Services, LLC 401(k) Retirement PlanAccess Management Services, …$38M
End-of-year total assets ($M) among Ovative Group 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$38M
Net Income$11M
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 -20020406080 Total assets ($B) Participants Ovative Group 401(k) Plan, Total assets ($B): 0.037781024 · Participants: 505Ovative Group 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.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 Association of National Advertisers, Inc. 401(k) Profit Sharing Plan in NY ($38M); by covered participants it is Hills Bank and Trust Co 401(k) Profit Sharing Plan in IA (505 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (505 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Ovative Group 401(k) Plan surged - up 38.7% during 2024, from $27M to $38M. Reported net income was $11M.
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 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Association of National Advertisers, Inc. 401(k) Profit Sharing Plan in NY ($38M, 175 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 Hills Bank and Trust Co 401(k) Profit Sharing Plan in IA (505 participants, $82M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.