Plan Ledger DOL Form 5500 · updated monthly

Envolve Client Services Group, LLC401(k)

ENVOLVE EMPLOYEE SAVINGS PLAN · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Envolve Client Services Group, LLC reported $127,321 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,110 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 fell from 1.10% to 0.70%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 553rd-largest of 1,496 plans among Tennessee employers on file, and the 673rd of 2,096 in real estate & leasing. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,785,744
Participants with balances982
Active participants687
Employer contributions$762,388
Employee contributions$1,894,598
Employer contribution per active participant$1,110
Average account balance$20,148
Benefits paid to participants$1,715,170
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 982 accts · $762K emplr
2023$16.6M · 827 accts · $671K emplr
2022$13.6M · 679 accts · $568K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,321
Total administrative$127,321
The Envolve Client Services Group, LLC 401(k) match · 2024
Employer contribution per active participant$1,110
Median for plans this size$2,416
2024$1,110 per active participant
2023$1,101 per active participant
2022$793 per active participant

Envolve Client Services Group, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$63,207
ARES RETIREMENT PLAN SERVICES, LLC · Recordkeeping · Loan processing$19,805
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$38,962
MAULDIN & JENKINS LLC · Accounting / audit$34,060

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

Recordkeeper by year2
2024ARES RETIREMENT PLAN SERVICES, LLC, Transamerica
2023ACUFF & ASSOCIATES, INC., ARES RETIREMENT PLAN SERVICES, LLC, Transamerica

This plan has changed recordkeepers within these filings. If you left Envolve Client Services Group, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$127,321 · 0.70%
2023$148,300 · 0.98%
2022$158,071 · 1.10%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Fogelman Properties TN$23.0M · 0.66%
Realty Trust Group, LLC TN$20.1M · 0.11%
Highland Ventures, LTD. TN$18.7M · 0.27%
Novatech Inc. TN$18.6M · 0.23%
Property Brands TN$17.8M · 0.77%
The Mathews Company, LLC TN$13.7M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760499458 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.