Plan Snapshot
- Plan Sponsor: Envelop Group, LLC
- Sponsor EIN: 813095362
- Sponsor Address: 905 N. CAPITOL AVENUE, SUITE 200, INDIANAPOLIS, IN, 46204
- Plan Type: 401(k)
- Total Participants: 148
- Total Assets: $15.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 148 | $15.4M | $512,489 | $1.2M |
| 2023 | 132 | $13.2M | $418,419 | $994,222 |
| 2022 | 104 | $9.7M | $361,989 | $864,861 |
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 |
|---|---|---|---|---|
| UBS FINANCIAL SERVICES INC | Investment Advisor | $36,275 | — | $36,275 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $23,556 | — | $23,556 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $11,639 | — | $11,639 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,470
- Estimated Expense Ratio: 0.464% 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 | $73,670 | $4,045 | $69,625 | — | — |
| 2023 | $57,712 | $2,850 | $54,862 | — | — |
| 2022 | $51,872 | $1,875 | $49,997 | — | — |