Plan Ledger DOL Form 5500 · updated monthly

The Envoy Group LLC401(k)

THE ENVOY GROUP LLC 401(K) PLAN · IRVINE, CA · plan year 2024

Reported admin expense ratio · 2024
0.80%

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

The Envoy Group LLC reported $47,313 in plan administrative expenses for 2024: 0.80% of average plan assets, above the peer median. Employer contributions averaged $4,526 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 3 years on file its reported administrative ratio has held roughly steady near 0.80%. 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 California (6,658th of 9,483), and 9,392nd of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has shrunk from 79 to 65 since 2022.

Plan summary
Net assets, end of year$6,013,747
Participants with balances87
Active participants65
Employer contributions$294,199
Employee contributions$593,992
Employer contribution per active participant$4,526
Average account balance$69,124
Benefits paid to participants$1,600,892
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 87 accts · $294K emplr
2023$5.9M · 109 accts · $229K emplr
2022$4.6M · 119 accts · $343K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,757
Investment management$32,556
Total administrative$47,313
The The Envoy Group LLC 401(k) match · 2024
Employer contribution per active participant$4,526
Median for plans this size$1,313
2024$4,526 per active participant
2023$3,187 per active participant
2022$4,343 per active participant

The Envoy Group 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 · 20242
WESPAC PLAN SERVICES, LLC · Contract administrator · Recordkeeping$14,757
WESPAC ADVISORS, LLC · Investment advisory (participants) · Investment advisory (plan)$32,556

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

Recordkeeper by year2
2024WESPAC PLAN SERVICES, LLC
2023WESPAC PLAN SERVICES, LLC

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Administrative cost history3
2024$47,313 · 0.80%
2023$40,821 · 0.78%
2022$41,396 · 0.83%
Similar plansProfessional & Technical Services · California
Clara Foods Co. CA$6.1M · 0.04%
Evercharge Inc. CA$6.0M · 0.11%
Intellipro Group, Inc. CA$6.0M · 1.18%
Lindquist LLP CA$6.0M · 0.06%
Cobalt Labs Inc CA$6.0M · 0.07%
Wolfsdorf Rosenthal LLP CA$6.0M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061821907 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.