401(k) · DOL Form 5500 · 2023

Essence Ventures, LLC 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
92
Participants Small participant base
44th
Percentile by assets National rank
$53,157
Avg per participant Low balance/head
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Official DOL plan name: Essence Ventures, LLC 401(k) Plan · Sponsored by Essence Ventures, LLC · New York · Information & Media

$5M in assets, 92 participants

Essence Ventures, LLC's Essence Ventures, LLC 401(k) Plan reported $5M in total assets and 92 participants in its 2023 DOL Form 5500 filing, ranking in the 44th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #780 in Information & Media (2,818 peers)

Essence Ventures, LLC multi-year trail

Essence Ventures, LLC's plans moved +152.1% in assets from 2022 to 2024; this filing shows Essence Ventures, LLC 401(k) Plan at $5M / 92 participants.

#780
in Information & Media (2,818 peers)
+47.7%
assets growth YoY

Essence Ventures, LLC 401(k) Plan's mid-pack asset rank among Information & Media and all filers

Essence Ventures, LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,890,423 44th percentile higher than 44% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Essence Ventures, LLC 401(k) Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Essence Ventures, LLC 401(k) Plan is a small filing (92 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Essence Ventures, LLC 401(k) Plan reported net income rose from -$518K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Essence Ventures, LLC 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Essence Ventures, LLC 401(k) Plan reported participants rose from 76 in the plan year 2022 filing to 92 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 823418584 · Essence Ventures, LLC PY 2023 · 401(k)

Essence Ventures, LLC 401(k) Plan · $5M · 92 · 44th

  • SCH $5M
  • EBSA 92
  • PART 44th
  • TYPE 401(k)
  • NET near Tb Consulting 401(k) Profit Sharing Plan
  • BOOK ind #780

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Information & Media retirement plans → · Plans in New York →

Essence Ventures, LLC 401(k) Plan in the asset neighbourhood

Essence Ventures, LLC 401(k) PlanEssence Ventures, LLC 401(k)…$5MTb Consulting 401(k) Profit Sharing PlanTb Consulting 401(k) Profit …$5MAnthology Senior Living 401(k) PlanAnthology Senior Living 401(…$5MIntegrity Staffing Solutions 401(k) Retirement PlanIntegrity Staffing Solutions…$5MMulti Dimensional Integration 401(k) Profit Sharing Plan & TrustMulti Dimensional Integratio…$5M
End-of-year total assets ($M) among Essence Ventures, LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Essence Ventures, LLC multi-year asset trail

Sponsor-wide plan assets over time

All Essence Ventures, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$8M 152.0827643793306% vs 2022
2024 filing year
$2M$4M$6M$8M$10M 202220232024 $3.31M $8.34M ▲ +152.0%
Year Plans Participants Total Assets
2022 1 76 $3M
2023 1 92 $5M
2024 1 188 $8M

Essence Ventures, LLC filing trail (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$5M
Net Income$2M
Employer EIN823418584
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Essence Ventures, LLC 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Essence Ventures, LLC 401(k) Plan, Total assets ($B): 0.004890423 · Participants: 92Essence Ventures, LLC 401(k) PlanIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
Essence Ventures, LLC 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

Essence Ventures, LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Tb Consulting 401(k) Profit Sharing Plan in AZ ($5M); by covered participants it is Melanson, P.C. 401(k) Plan in NH (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Essence Ventures, LLC 401(k) Plan assets move in 2023?
Essence Ventures, LLC 401(k) Plan surged - up 47.7% during 2023, from $3M to $5M. Reported net income was $2M.
How have Essence Ventures, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Essence Ventures, LLC's sponsor-wide assets grew 152.1%, from $3M to $8M.
Which 401(k) plans are similar in size to Essence Ventures, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tb Consulting 401(k) Profit Sharing Plan in AZ ($5M, 85 participants).
Which 401(k) plans cover a similar participant headcount to Essence Ventures, LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Melanson, P.C. 401(k) Plan in NH (92 participants, N/A in assets).