Plan Snapshot
- Plan Sponsor: Envinity, INC.
- Sponsor EIN: 205967335
- Sponsor Address: 25 DECIBEL ROAD, SUITE 205, STATE COLLEGE, PA, 16801
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 66
- Total Assets: $105,781
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 66 | $105,781 | $0 | $0 |
| 2024 | 57 | $42,239 | $478,655 | $83,753 |
| 2023 | 55 | $12,460 | $319,836 | $109,727 |
| 2022 | 58 | $20,945 | $18,716 | $9,888 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP, LLC | Investment Advisor | $44,455 | — | $44,455 |
| APERTURE CONSULTING-RICHARD WILBER | Investment Advisor | $19,920 | — | $19,920 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,375
- Estimated Expense Ratio: 60.857% 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 |
|---|---|---|---|---|---|
| 2025 | $489,639 | — | — | — | — |
| 2024 | $652,580 | — | — | — | — |
| 2023 | $435,800 | — | — | — | — |
| 2022 | $30,065 | — | — | — | — |