Plan Ledger DOL Form 5500 · updated monthly

Enverus, Inc.401(k)

ENVERUS 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Enverus, Inc. reported $145,953 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,260 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 0.13% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 588th-largest of 5,688 plans among Texas employers on file, and the 289th of 2,199 in information & media. In 2024, employees put in $2.03 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$112,798,174
Participants with balances1,136
Active participants883
Employer contributions$4,644,394
Employee contributions$9,408,664
Employer contribution per active participant$5,260
Average account balance$99,294
Benefits paid to participants$9,667,205
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$112.8M · 1,136 accts · $4.6M emplr
2023$93.4M · 1,160 accts · $4.8M emplr
2022$74.1M · 1,221 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$145,953
Total administrative$145,953
The Enverus, Inc. 401(k) match · 2024
Employer contribution per active participant$5,260
Median for plans this size$3,635
2024$5,260 per active participant
2023$5,447 per active participant
2022$4,469 per active participant

Enverus, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$145,953
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)indirect comp

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$145,953 · 0.14%
2023$115,754 · 0.14%
2022$102,239 · 0.13%
Same employer
Similar plansInformation & Media · Texas
Solarwinds Inc TX$141.1M · 0.04%
Auctane Inc TX$137.2M · 0.07%
Securus Technologies, LLC TX$125.0M · 0.09%
Avantax, Inc. TX$110.9M · 0.12%
Isn Software Corporation TX$96.5M · 0.08%
Aviat U.S., Inc. TX$85.9M · 0.03%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 742934857 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.