Plan Ledger DOL Form 5500 · updated monthly

Envoy Solutions, LLC401(k)

NORTH AMERICAN RETIREMENT SAVINGS PLAN · GLENVIEW, IL · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Envoy Solutions, LLC reported $100,186 in plan administrative expenses for 2022: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,989 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,275th-largest of 3,702 plans among Illinois employers on file, and the 1,307th of 4,246 in wholesale trade. In 2022, employees put in $3.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$31,413,371
Participants with balances491
Active participants424
Employer contributions$843,138
Employee contributions$2,922,886
Employer contribution per active participant$1,989
Average account balance$63,978
Benefits paid to participants$2,988,558
Plan auditUnmodified (clean) audit opinion
The Envoy Solutions, LLC 401(k) match · 2022
Employer contribution per active participant$1,989
Median for plans this size$2,266

Envoy Solutions, LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$100,186 · 0.30%
Similar plansWholesale Trade · Illinois
Mdc Interior Solutions, LLC IL$33.5M · 0.19%
Weldstar Company IL$33.4M · 0.29%
Mizar Holding Company, Inc. IL$32.9M · 0.39%
Dsi Holding USA Inc. IL$31.9M · 0.39%
Marshall Associates, Inc. IL$30.7M · 0.19%
Misumi USA, Inc. IL$29.8M · 0.25%
Dfs Holding Company, LLC IL$29.8M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364369474 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.