Plan Snapshot
- Plan Sponsor: Envolve Client Services Group, LLC
- Sponsor EIN: 760499458
- Sponsor Address: 555 PERKINS EXTENDED, SUITE 200, MEMPHIS, TN, 38117
- Plan Type: 401(k)
- Total Participants: 687
- Total Assets: $19.8M
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 | 687 | $19.8M | $762,388 | $1.9M |
| 2023 | 609 | $16.6M | $670,720 | $1.6M |
| 2022 | 716 | $13.6M | $568,040 | $1.5M |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS, | RECORDKEEPER | $63,207 | — | $63,207 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISORY -PLAN | $38,962 | — | $38,962 |
| MAULDIN & JENKINS LLC | ACCOUNTANT/AUDITOR | $34,060 | — | $34,060 |
| ARES RETIREMENT PLAN SERVICES, LLC | RECORDKEEPER | $19,805 | — | $19,805 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS LLC — INVESTMENT ADVISORY -PLAN
- MAULDIN & JENKINS LLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,034
- Estimated Expense Ratio: 0.789% 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 | $127,321 | — | $127,321 | — | — |
| 2023 | $148,300 | — | $148,300 | — | — |
| 2022 | $158,071 | — | $158,071 | — | — |