Plan Ledger DOL Form 5500 · updated monthly

Envent Corporation401(k)

THE ENVENT CORPORATION PROFIT SHARING PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.62%

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

Envent Corporation reported $110,977 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,625 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 0.49% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 3,727th-largest of 9,483 plans among California employers on file, and the 632nd of 2,534 in administrative & support services. In 2024, employees put in $1.92 for every $1.00 the employer contributed; active participation has grown from 158 to 227 since 2022.

Plan summary
Net assets, end of year$19,285,190
Participants with balances199
Active participants227
Employer contributions$595,925
Employee contributions$1,141,892
Employer contribution per active participant$2,625
Average account balance$96,911
Benefits paid to participants$1,017,193
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.3M · 199 accts · $596K emplr
2023$16.5M · 206 accts · $535K emplr
2022$13.4M · 195 accts · $450K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,477
Audit (IQPA)$10,500
Total administrative$110,977
The Envent Corporation 401(k) match · 2024
Employer contribution per active participant$2,625
Median for plans this size$2,416
2024$2,625 per active participant
2023$2,676 per active participant
2022$2,850 per active participant

Envent Corporation'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 · 20244
JOHN HANCOCK · Recordkeeping$3,499
MERRILL LYNCH · Investment advisory (participants)$44,572
WRIGHT FORD YOUNG & CO · Insurance services$10,500
FUTUREPLAN · Investment advisory (participants)$5,590

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$110,977 · 0.62%
2023$77,026 · 0.51%
2022$69,134 · 0.49%
Same employer
Similar plansAdministrative & Support Services · California
Outsource, LLC CA$20.2M · 1.02%
Traffic Management, Inc. CA$19.4M · 0.56%
Staffing Partners Holdings CA$19.3M · 1.13%
Crosscheck, Inc. CA$18.5M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330515192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.