Plan Ledger DOL Form 5500 · updated monthly

Envigo Rms, LLC401(k)

ENVIGO 401(K) PLAN · INDIANAPOLIS, IN · plan year 2022

Reported admin expense ratio · 2022
0.23%

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

Envigo Rms, LLC reported $136,524 in plan administrative expenses for 2022: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,522 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 276th-largest of 1,562 plans among Indiana employers on file, and the 89th of 945 in agriculture, forestry & fishing. In 2022, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$52,333,702
Participants with balances1,280
Active participants794
Employer contributions$1,208,349
Employee contributions$3,583,484
Employer contribution per active participant$1,522
Average account balance$40,886
Benefits paid to participants$7,269,126
Plan auditUnmodified (clean) audit opinion
AuditorKATZ, SAPPER & MILLER, LLP
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $1.0M emplr
2022$52.3M · 1,280 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Investment management$50,000
Professional / advisory$31,000
Total administrative$136,524
The Envigo Rms, LLC 401(k) match · 2022
Employer contribution per active participant$1,522
Median for plans this size$3,449

Envigo Rms, LLC's 2022 employer contribution ran below the $3,449 median for plans its size, in the bottom 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$136,524 · 0.23%
Similar plansAgriculture, Forestry & Fishing · Indiana
Beck's Superior Hybrids, Inc. IN$109.1M · 0.12%
Indiana Packers Corporation IN$104.9M · 0.04%
Rose Acre Farms, Inc. IN$100.4M · 0.16%
Remington Seeds, LLC. IN$65.3M · 0.08%
Wabash Valley Produce Inc. IN$28.2M
Bridgeview Eye Partners IN$24.3M · 0.61%
Mps Egg Farms IN$16.9M · 0.02%
Midwest Eye Consultants Holding Company, P.C. IN$13.9M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841753840 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.