Plan Ledger DOL Form 5500 · updated monthly

Enve Composites, LLC401(k)

ENVE COMPOSITES, LLC 401(K) PLAN · OGDEN, UT · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Enve Composites, LLC reported $350 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $646 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Utah (535th of 848), and 10,061st of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,187,778
Participants with balances215
Active participants164
Employer contributions$105,912
Employee contributions$180,968
Employer contribution per active participant$646
Average account balance$33,432
Benefits paid to participants$7,615
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$350
Total administrative$350
The Enve Composites, LLC 401(k) match · 2024
Employer contribution per active participant$646
Median for plans this size$1,313

Enve Composites, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom quarter of its peers. 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 history1
2024$350 · 0.00%
Same employer
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Co-Diagnostics, Inc. UT$6.5M · 0.01%
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Source: U.S. Department of Labor, Form 5500 series, EIN 202792242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.