Plan Ledger DOL Form 5500 · updated monthly

Envoy Global, Inc.401(k)

ENVOY 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Envoy Global, Inc. reported $92,012 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $1,565 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 0.52% to 0.41%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,474th-largest of 3,702 plans among Illinois employers on file, and the 511th of 2,534 in administrative & support services. In 2024, employees put in $5.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,320,328
Participants with balances513
Active participants361
Employer contributions$565,060
Employee contributions$3,241,904
Employer contribution per active participant$1,565
Average account balance$49,357
Benefits paid to participants$2,839,043
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$25.3M · 513 accts · $565K emplr
2023$20.0M · 581 accts · $535K emplr
2022$11.6M · 483 accts · $810K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,023
Investment management$19,989
Total administrative$92,012
The Envoy Global, Inc. 401(k) match · 2024
Employer contribution per active participant$1,565
Median for plans this size$2,416
2024$1,565 per active participant
2023$1,191 per active participant
2022$2,061 per active participant

Envoy Global, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,023
MMA SECURITIES LLC · Investment advisory (plan)$19,977
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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$92,012 · 0.41%
2023$69,054 · 0.44%
2022$57,905 · 0.52%
Same employer
Similar plansAdministrative & Support Services · Illinois
Staff Management, Inc. IL$32.8M · 0.64%
Dhr International, Inc. IL$30.9M · 0.16%
Lakeshore Recycling Systems IL$28.2M · 0.77%
Gee Group Inc. IL$23.4M · 0.15%
Diverzify Intermediate LLC IL$22.9M · 0.24%
Quincy Recycle Paper Inc. IL$20.7M · 0.51%
Skin Cure Oncology, LLC IL$20.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364319710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.