Plan Snapshot
- Plan Sponsor: The Envoy Group LLC
- Sponsor EIN: 061821907
- Sponsor Address: 34 TELSA, IRVINE, CA, 92618
- Plan Type: 401(k)
- Total Participants: 65
- Total Assets: $6.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 65 | $6.0M | $294,199 | $593,992 |
| 2023 | 72 | $5.9M | $229,452 | $668,014 |
| 2022 | 79 | $4.6M | $343,061 | $739,441 |
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 |
|---|---|---|---|---|
| WESPAC ADVISORS, LLC | NONE | $32,556 | — | $32,556 |
| WESPAC PLAN SERVICES, LLC | NONE | $14,757 | — | $14,757 |
| KIMBERLIN COMPANY, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KIMBERLIN COMPANY, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,313
- Estimated Expense Ratio: 0.787% 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 | $47,313 | $32,556 | $4,475 | — | — |
| 2023 | $40,821 | $28,565 | $3,020 | — | — |
| 2022 | $41,396 | $26,980 | $8,863 | — | — |