Plan Snapshot
- Plan Sponsor: Enviva INC.
- Sponsor EIN: 901030857
- Sponsor Address: 7500 OLD GEORGETOWN ROAD, BETHESDA, MD, 20814
- Plan Type: 401(k)
- Total Participants: 1,303
- Total Assets: $65.6M
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 | 1,303 | $65.6M | $2.1M | $7.5M |
| 2023 | 1,206 | $57.3M | $2.3M | $7.4M |
| 2022 | 1,369 | $44.0M | $2.1M | $7.0M |
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 | $151,460 | — | $151,460 |
| NFP RETIREMENT INC | ADVISOR | $22,500 | — | $22,500 |
| RBC WEALTH MANAGEMENT | ADVISOR | $7,500 | — | $7,500 |
| HOLTHOUSE CARLIN & VAN TRIGT LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NFP RETIREMENT INC — ADVISOR
- RBC WEALTH MANAGEMENT — ADVISOR
- HOLTHOUSE CARLIN & VAN TRIGT LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,460
- Estimated Expense Ratio: 0.277% 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 | $181,460 | $30,000 | — | — | — |
| 2023 | $173,297 | $30,000 | — | — | — |
| 2022 | $158,464 | — | — | — | — |