Envolve Employee Savings Plan — Form 5500 plan (Envolve Client Services Group, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Envolve Employee Savings Plan is a benefit plan reported by Envolve Client Services Group, LLC under EIN 76-0499458 and plan number 001. The latest loaded filing year is 2023. The filing reports 994 participants and $16,637,685 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Envolve Client Services Group, LLC
- EIN
- 76-0499458
- Plan number
- 001
- Plan type
- 2
- Location
- Memphis, TN
- Latest filing year
- 2023
- Participants
- 994
- End-of-year plan assets
- $16,637,685
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 994 | H, C | 20241014095153NAL0026955953001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,637,685
- Total liabilities (EOY)
- $6,065
- Net assets (EOY)
- $16,631,620
- Net assets (BOY)
- $13,576,599
Income & contributions
- Employer contributions
- $670,720
- Participant contributions
- $1,636,908
- Total contributions
- $2,350,538
- Total income / additions
- $4,562,384
Expenses & distributions
- Benefits paid
- $1,359,063
- Administrative expenses
- $148,300
- Total expenses
- $1,507,363
- Net increase / (decrease)
- $3,055,021
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $86,129 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY -PLAN | $43,090 | not reported in the loaded dataset | 2023 |
| Ares Retirement Plan Services, LLC | RECORDKEEPER | $15,552 | $0 | 2023 |
| Acuff & Associates, Inc. | RECORDKEEPER | $3,624 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Envolve Client Services Group, LLC
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Memphis, TN
- Transamerica Retirement Solutions, — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Ares Retirement Plan Services, LLC — Schedule C compensation
- Acuff & Associates, Inc. — Schedule C compensation