Department of Labor filing

ROVIN, INC.

ROVIN, INC. 401(K) PLAN · For the plan year ended Dec 31, 2023

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Public filing 2023 · received Oct 14, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

24filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$0

Reported employer contributions per active participant.

Higher than about 5% of comparable plans
#People in the filing
426

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$30 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 69% of comparable plans
Investment performance
Not available

Plan assets changed 226.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202324out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions5th percentileTypical peer $545 · based on 301 comparable plans
Lower reported administrative expense69th percentileTypical peer $66 · based on 326 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, ROVIN, INC. reported $47 in employer contributions across the plan and 426 active participants. That works out to $0 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy98%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendNot enough history

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 199.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context24/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$47
Participant contributions
$257,138
Other contributions
Not reported
Employer share of reported contributions
0.0%
Beginning assets
$127,938
Ending assets
$418,290
Ending net assets
$390,004
Ending liabilities
$28,286
Total income
$286,211
Total expenses
$24,145
Administrative expenses
$9,995
Participant loans
$3,151

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
Not reported
2023
$0
Plan-paid administrative expenses per participant
2022
$10
2023
$30
Active participants
2022
329
2023
426
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2023$0426418.3K20241014132329NAL0046111008001
2022Not reported329127.9K20231016154103NAL0038861217001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
0.8%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
751778305-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2022
Industry
Accommodation and food services
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2J2K2F2G3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
TRANSAMERICA RETIREMENT SOLUTIONS2022Not reportedunknown

Current plan terms

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Filing ACK_ID20241014132329NAL0046111008001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗