Plan Ledger DOL Form 5500 · updated monthly

Enervise, Inc.401(k)

ENERVISE, INC. SAVINGS & INVESTMENT PLAN · BLUE ASH, OH · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Enervise, Inc. reported $5,198 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $827 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 rose from 0.03% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Ohio (2,095th of 3,295), and 8,359th of 11,654 in professional & technical services. In 2024, employees put in $6.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,901,932
Participants with balances120
Active participants112
Employer contributions$92,596
Employee contributions$578,405
Employer contribution per active participant$827
Average account balance$74,183
Benefits paid to participants$936,559
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 120 accts · $93K emplr
2023$8.1M · 125 accts · $83K emplr
2022$7.5M · 120 accts · $69K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,198
Total administrative$5,198
The Enervise, Inc. 401(k) match · 2024
Employer contribution per active participant$827
Median for plans this size$1,313
2024$827 per active participant
2023$749 per active participant
2022$626 per active participant

Enervise, Inc.'s 2024 employer contribution ran below the $1,313 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.

Administrative cost history3
2024$5,198 · 0.06%
2023$3,254 · 0.04%
2022$2,130 · 0.03%
Similar plansProfessional & Technical Services · Ohio
Orange Barrel Media, LLC OH$9.3M · 0.11%
First Communications, LLC OH$9.0M · 0.05%
Onix Networking Corp. OH$8.9M · 0.90%
Path Forward Consulting OH$8.8M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311144000 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.