Growve 401(K) Plan — Form 5500 plan (Viva 5, LLC Dba Growve)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Growve 401(K) Plan is a benefit plan reported by Viva 5, LLC Dba Growve under EIN 20-4540780 and plan number 001. The latest loaded filing year is 2023. The filing reports 430 participants and $6,850,753 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.9MPlan net assets, end of year$6,850,753
Participants430Covered participants reported
Assets / participant$15.9KComputed: assets ÷ participants$15,932 (computed)
Provider compensation$23.2K4 Schedule C provider row(s)$23,233
Plan sponsor
Viva 5, LLC Dba Growve
EIN
20-4540780
Plan number
001
Plan type
2
Location
St. Petersberg, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023430H, C20250224160534NAL0017068224001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.9M total assets
Net assets$6.9MLiabilities$0
Money in vs. money out
Total income / additions$3.6M
Total expenses$938.6K
Benefits paid / distributions$892.6K
Contributions
Employer$597.1K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$6,850,753
Total liabilities (EOY)
$0
Net assets (EOY)
$6,850,753
Net assets (BOY)
$0

Income & contributions

Employer contributions
$597,099
Participant contributions
$1,080,270
Total contributions
$2,899,631
Total income / additions
$3,559,660

Expenses & distributions

Benefits paid
$892,579
Administrative expenses
$18,436
Total expenses
$938,647
Net increase / (decrease)
$2,621,013
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 36%Participant 64%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income25%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$8,642$02023
Merrill Lynch Pierce Fenner & SmithINVESTMENT ADVISOR$7,431not reported in the loaded dataset2023
National Benefit Services, LLCCONTRACT ADMIN$6,125not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$1,035not reported in the loaded dataset2023

Related Form 5500 pages