Plan Ledger DOL Form 5500 · updated monthly

Envelope 1 Inc401(k)

ENVELOPE 1 INC 401(K) PROFIT SHARING PLAN & TRUST · COLUMBIANA, OH · plan year 2023

Reported admin expense ratio · 2023
0.51%

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

Envelope 1 Inc reported $4,992 in plan administrative expenses for 2023: 0.51% of average plan assets, below the peer median. Employer contributions averaged $457 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 1 year on file its reported administrative ratio rose from 0.44% to 0.51%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Ohio (3,159th of 3,295), and 2,187th of 2,534 in administrative & support services. In 2023, employees put in $2.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,037,591
Participants with balances113
Active participants95
Employer contributions$43,378
Employee contributions$112,486
Employer contribution per active participant$457
Average account balance$9,182
Benefits paid to participants$193,039
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history2
Yearassets · accounts · employer contribution
2023$1.0M · 113 accts · $43K emplr
2022$927K · 115 accts · $46K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$3,664
Investment management$468
Trustee / custodial$860
Total administrative$4,992
The Envelope 1 Inc 401(k) match · 2023
Employer contribution per active participant$457
Median for plans this size$522
2023$457 per active participant
2022$361 per active participant

Envelope 1 Inc's 2023 employer contribution ran below the $522 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$4,992 · 0.51%
2022$4,203 · 0.44%
Similar plansAdministrative & Support Services · Ohio
Alpha Management, Inc. OH$1.3M · 0.69%
Whitehouse Ohio Works OH$1.1M · 1.86%
Triple E Partners, LLC OH$917K · 0.45%
Gasbarro Management, LLC OH$828K · 1.56%
Genric, Inc. OH$602K · 1.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461428376 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.