2023 Form 5500 filing — Envolve Employee Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014095153NAL0026955953001) for Envolve Employee Savings Plan, reported by Envolve Client Services Group, LLC under EIN 76-0499458 and plan number 001. It reports 994 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014095153NAL0026955953001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Envolve Client Services Group, LLC
- EIN
- 76-0499458
- Plan number
- 001
- Location
- Memphis, TN
- Participants
- 994
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $16,637,685
- Total liabilities (EOY)
- $6,065
- Net assets (EOY)
- $16,631,620
- Employer contributions
- $670,720
- Participant contributions
- $1,636,908
- Total income / additions
- $4,562,384
- Benefits paid
- $1,359,063
- Administrative expenses
- $148,300
- Total expenses
- $1,507,363
- Net increase / (decrease)
- $3,055,021
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Transamerica Retirement Solutions, | RECORDKEEPER | $86,129 | $0 |
| Global Retirement Partners LLC | INVESTMENT ADVISORY -PLAN | $43,090 | not reported in the loaded dataset |
| Ares Retirement Plan Services, LLC | RECORDKEEPER | $15,552 | $0 |
| Acuff & Associates, Inc. | RECORDKEEPER | $3,624 | $0 |