Ovative Group Llc 401(k) Plan: Login, Facts & Contact Information

Ovative Group Llc 401(k) Plan Facts

Plan name
OVATIVE GROUP 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OVATIVE GROUP LLC
Participants
650 (493 active employees)
Former employees with a balance
160
Plan assets
$37,781,024 at Dec 31, 2024
Average account balance
$59,218 across 638 accounts
Employer contributions
$2,341,484 in plan year 2024 (29% of all contributions)
Recordkeeper
Fidelity Workplace Services Llc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jun 5, 2010
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 6, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $7.95 million went into the plan in contributions, $2.34 million of it from the employer (29%).
  • $1.84 million was paid out to participants.
  • Investment and other income added $4.44 million.
  • Administrative expenses were $2,673, about $4 per account.

How the Ovative Group Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019157$7.61 million$476,780$712,443
2020162$9.84 million$145,368$854,679
2021235$14.0 million$1.09 million$1.51 million
2022358$17.1 million$1.68 million$913,843
2023532$27.2 million$2.31 million$1.07 million
2024650$37.8 million$2.34 million$1.84 million

Ovative Group Llc 401(k) Contact Information

Phone
612-810-6173
Mailing address
729 WASHINGTON AVE N. SUITE 1000, MINNEAPOLIS MN 55401
Plan sponsor
OVATIVE GROUP LLC
Plan administrator
FIDELITY WORKPLACE SERVICES LLC
Employer identification number (EIN)
27-1175614
Plan number
001

Questions about the Ovative Group Llc 401(k)

Does Ovative Group Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.34 million, 29% of all contributions.

Does the Ovative Group Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Ovative Group Llc 401(k) plan?

650 participants at the start of plan year 2024, 493 of them active employees, and 160 former employees who still had money in the plan.

What is the average 401(k) balance at Ovative Group Llc?

About $59,218 per account: $37.8 million in plan assets across 638 accounts with a balance at the end of plan year 2024.

Who manages the Ovative Group Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY WORKPLACE SERVICES LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Ovative Group Llc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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