Plan Snapshot
- Plan Sponsor: Envoy Solutions, LLC
- Sponsor EIN: 850978372
- Sponsor Address: 2101 CLAIRE COURT, GLENVIEW, IL, 60025
- Plan Type: 401(k)
- Total Participants: 3,808
- Total Assets: $281.7M
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 | 3,808 | $281.7M | $7.6M | $19.9M |
| 2023 | 3,343 | $251.5M | $4.7M | $13.1M |
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 | $365,851 | — | $365,851 |
| PRIME CAPITAL INVESTMENT ADVISORS | ADVISOR | $264,267 | — | $264,267 |
| LAVINE, LOFGREN, MORRIS, ENGELBERG | ACCOUNTANT/AUDITOR | $12,275 | — | $12,275 |
| WEAVER | ACCOUNTANT/AUDITOR | $5,775 | — | $5,775 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WEAVER — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $648,168
- Estimated Expense Ratio: 0.230% 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 | $648,168 | $264,267 | $1,800 | $12,275 | — |
| 2023 | $277,132 | $116,816 | $300 | — | — |