Arvig Enterprises, Inc. 401(k) Review & Grade
Arvig Enterprises, Inc. 401(k) Plan
Perham, MNInformation850 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,400Employer $ per active participant
$6,512Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$91.9MNet plan assets, end of year
$93,920Average balance per account
Score breakdown
- Employer generosity12.1 / 5024th percentile for employer $ per participant
- Low cost15.8 / 2563th percentile for low admin cost vs. same-size plans
- Employee saving5.2 / 1535th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Information plans with 500–2,499 active participants (310 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 24th |
| Lower admin cost | 63th |
| Employee saving | 35th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Arvig Enterprises put in about $1,400 per active participant, below the typical peer ($2,829). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,190,445 |
| Participant (employee) contributions | $5,538,855 |
| Other contributions (incl. rollovers in) | $920,320 |
| Administrative expenses paid from the plan | $127,403 |
| Investment advisory & management fees | $43,754 |
| Benefits paid out | $6,244,560 |
| Net assets, start / end of year | $78.6M / $91.9M |
| Active participants, start / end of year | 840 / 861 |
| Participants with account balances | 978 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $83,649 reported compensation |
| Sageview Advisory Group LLC | $22,000 reported compensation |
| Strategic Advisors, Inc. | $21,754 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250819071704NAL0002026737001, received 2025-08-19, EIN 41-1507358, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.