Plan Snapshot
- Plan Sponsor: Envestnet Financial Technologies, INC.
- Sponsor EIN: 812162327
- Sponsor Address: 1000 CHESTERBROOK BLVD, BERWYN, PA, 19312
- Plan Type: 401(k)
- Total Participants: 1,602
- Total Assets: $347.3M
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 | 1,602 | $347.3M | $7.3M | $25.8M |
| 2023 | 1,626 | $292.6M | $8.1M | $27.7M |
| 2022 | 1,962 | $245.2M | $8.1M | $27.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $100,898 | — | $100,898 |
| CROWE LLP | ACCOUNTANT/AUDITOR | $27,300 | — | $27,300 |
| ASSET STRATEGY ADVISORS | INVESTMENT ADVISOR | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $141,198
- Estimated Expense Ratio: 0.041% 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 | $141,198 | — | — | $27,300 | — |
| 2023 | $174,237 | — | $900 | $33,488 | — |
| 2022 | $168,080 | — | — | — | — |