Plan Ledger DOL Form 5500 · updated monthly

Enavate Holdings, LLC401(k)

ENAVATE RETIREMENT PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.75%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Enavate Holdings, LLC reported $84,282 in plan administrative expenses for 2024: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,348 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.91% to 0.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,577th-largest of 3,644 plans among Florida employers on file, and 7,349th of 11,654 in professional & technical services. In 2024, employees put in $3.61 for every $1.00 the employer contributed; active participation has shrunk from 187 to 127 since 2022.

Plan summary
Net assets, end of year$12,148,289
Participants with balances219
Active participants127
Employer contributions$425,192
Employee contributions$1,533,174
Employer contribution per active participant$3,348
Average account balance$55,472
Benefits paid to participants$1,506,870
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 219 accts · $425K emplr
2023$10.5M · 243 accts · $472K emplr
2022$8.9M · 254 accts · $618K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,532
Total administrative$84,282
The Enavate Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$3,348
Median for plans this size$2,416
2024$3,348 per active participant
2023$3,063 per active participant
2022$3,303 per active participant

Enavate Holdings, LLC's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PENSIONMARK FINANCIAL GROUP LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$84,282 · 0.75%
2023$77,990 · 0.81%
2022$73,507 · 0.91%
Same employer
Similar plansProfessional & Technical Services · Florida
Campusworks Inc. FL$12.3M · 0.71%
Wwc Global LLC FL$12.2M · 0.72%
Precision Personnel Inc FL$12.2M · 0.28%
Bliss & Nyitray, Inc. FL$11.9M · 0.12%
Intecrowd LLC FL$11.7M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464092883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.