Plan Ledger DOL Form 5500 · updated monthly

Enventure Global Technology, Inc.401(k)

ENVENTURE GLOBAL TECHNOLOGY, INC. RETIREMENT AND SAVINGS PLAN · HOUSTON, TX · plan year 2022

Employer contribution per participant · 2022
$7,715

Enventure Global Technology, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $17,979,701 across 87 participant accounts, with employer contributions averaging $7,715 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,170th-largest of 5,688 plans among Texas employers on file, and 323rd of 612 in mining, oil & gas extraction. In 2022, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,979,701
Participants with balances87
Active participants54
Employer contributions$416,608
Employee contributions$674,302
Employer contribution per active participant$7,715
Average account balance$206,663
Benefits paid to participants$1,160,068
Plan auditUnmodified (clean) audit opinion
AuditorMELTON AND MELTON, L.L.P.
Administrative expenses, itemized · 2022
Investment management$4,151
Total administrative-$13,254
The Enventure Global Technology, Inc. 401(k) match · 2022
Employer contribution per active participant$7,715
Median for plans this size$2,266

Enventure Global Technology, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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.

Similar plansMining, Oil & Gas Extraction · Texas
Jobe Materials, LP TX$19.6M · 0.94%
Ranger Oil Corporation TX$19.2M · 0.11%
Ncs Multistage LLC TX$19.0M · 0.02%
Vernon E. Faulconer, Inc. TX$18.7M · 0.00%
Pro Directional TX$17.9M · 0.58%
Pci Nitrogen, LLC TX$17.7M · 0.16%
Tug Hill Inc TX$17.6M · 0.17%
Battalion Oil Corporation TX$17.6M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 752796650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.