Plan Ledger DOL Form 5500 · updated monthly

Envita Medical Centers LLC401(k)

ENVITA MEDICAL CENTER LLC 401(K) PROFIT SHARING PLAN AND TRUST · SCOTTSDALE, AZ · plan year 2024

Reported admin expense ratio · 2024
0.81%

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

Envita Medical Centers LLC reported $27,551 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $2,481 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 0.40% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Arizona (873rd of 1,285), and 10,044th of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has grown from 145 to 216 since 2022.

Plan summary
Net assets, end of year$4,364,705
Participants with balances277
Active participants216
Employer contributions$535,799
Employee contributions$1,074,209
Employer contribution per active participant$2,481
Average account balance$15,757
Benefits paid to participants$170,197
Plan auditUnmodified (clean) audit opinion
AuditorMETZ & ASSOCIATES, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 277 accts · $536K emplr
2023$2.4M · 218 accts · $409K emplr
2022$916K · 132 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,388
Investment management$163
Total administrative$27,551
The Envita Medical Centers LLC 401(k) match · 2024
Employer contribution per active participant$2,481
Median for plans this size$1,313
2024$2,481 per active participant
2023$2,197 per active participant

Envita Medical Centers LLC's 2024 employer contribution ran above the $1,313 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.

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 · 20241
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$29,294

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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Administrative cost history3
2024$27,551 · 0.81%
2023$15,273 · 0.92%
2022$3,213 · 0.40%
Same employer
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Solera Health AZ$4.9M · 0.66%
Tsvc, LLC AZ$4.1M · 1.35%
Kear Civil Corporation AZ$4.0M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861044271 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.