Plan Snapshot
- Plan Sponsor: Envision INC.
- Sponsor EIN: 261392721
- Sponsor Address: 610 NORTH MAIN, WICHITA, KS, 67203
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 404
- Total Assets: $32.6M
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 | 404 | $32.6M | $2.0M | $1.2M |
| 2023 | 430 | $28.7M | $1.9M | $1.0M |
| 2022 | 430 | $26.6M | $1.8M | $990,241 |
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 |
|---|---|---|---|---|
| ENZA FINANCIAL LLC | Other Service Provider | $89,007 | — | $89,007 |
| EMPOWER ANNUITY INS. CO OF AMERICA | Other Service Provider | $71,801 | — | $71,801 |
| EMPOWER ADVISORY GROUP, LLC | Other Service Provider | $17,798 | — | $17,798 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $178,606
- Estimated Expense Ratio: 0.547% 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 | $162,394 | $106,805 | — | — | — |
| 2023 | $143,202 | $93,148 | — | — | — |
| 2022 | $125,017 | $74,559 | $50,458 | — | — |