Plan Ledger DOL Form 5500 · updated monthly

Envelop Group, LLC401(k)

ENVELOP GROUP, LLC 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Envelop Group, LLC reported $73,670 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,463 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 3 years on file its reported administrative ratio has held roughly steady near 0.51%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 707th-largest of 1,562 plans among Indiana employers on file, and 6,976th of 13,661 in manufacturing. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 104 to 148 since 2022.

Plan summary
Net assets, end of year$15,410,696
Participants with balances190
Active participants148
Employer contributions$512,489
Employee contributions$1,211,858
Employer contribution per active participant$3,463
Average account balance$81,109
Benefits paid to participants$1,956,318
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 190 accts · $512K emplr
2023$13.2M · 184 accts · $418K emplr
2022$9.7M · 165 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,625
Investment management$4,045
Total administrative$73,670
The Envelop Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,463
Median for plans this size$2,416
2024$3,463 per active participant
2023$3,170 per active participant
2022$3,481 per active participant

Envelop Group, 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$36,275
EMPOWER ADVISORY GROUP, LLC · Investment management$11,639

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$73,670 · 0.51%
2023$57,712 · 0.50%
2022$51,872 · 0.50%
Same employer
Similar plansManufacturing · Indiana
Master Spas, LLC IN$15.6M · 0.19%
Genesis Products, LLC IN$15.5M · 0.82%
Hadady, LLC IN$15.4M · 0.22%
Ehob, Inc. IN$15.4M · 0.28%
Uniseal Inc. IN$15.1M · 0.36%
Aero Metals, Inc. IN$15.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813095362 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.