Plan Snapshot
- Plan Sponsor: Enavate Holdings, LLC
- Sponsor EIN: 464092883
- Sponsor Address: 1511 N WESTSHORE BLVD, TAMPA, FL, 33607
- Plan Type: 401(k)
- Total Participants: 127
- Total Assets: $12.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 127 | $12.1M | $425,192 | $1.5M |
| 2023 | 154 | $10.5M | $471,706 | $1.6M |
| 2022 | 187 | $8.9M | $617,660 | $2.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PENSIONMARK FINANCIAL GROUP LLC | SERVICE PROVIDER | — | $42,238 | $42,238 |
| ASSURANCE DIMENSIONS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ASSURANCE DIMENSIONS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,238
- Estimated Expense Ratio: 0.348% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $84,282 | — | $83,532 | — | — |
| 2023 | $77,990 | — | $77,590 | — | — |
| 2022 | $73,507 | — | — | — | — |