Plan Ledger DOL Form 5500 · updated monthly

Evans Components Inc401(k)

EVANS COMPONENTS, INC TAX DEFERRED RETIREMENT PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.81%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Evans Components Inc reported $47,024 in plan administrative expenses for 2024: 0.81% of average plan assets, above the peer median. Employer contributions averaged $1,778 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.92% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (696th of 1,021), and 10,530th of 13,661 in manufacturing. In 2024, employees put in $3.36 for every $1.00 the employer contributed; active participation has grown from 134 to 157 since 2022.

Plan summary
Net assets, end of year$6,281,823
Participants with balances168
Active participants157
Employer contributions$279,158
Employee contributions$938,682
Employer contribution per active participant$1,778
Average account balance$37,392
Benefits paid to participants$1,243,701
Plan auditUnmodified (clean) audit opinion
AuditorVERITY ACCOUNTANCY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 168 accts · $279K emplr
2023$5.4M · 163 accts · $242K emplr
2022$4.1M · 130 accts · $191K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,690
Investment management$39,334
Total administrative$47,024
The Evans Components Inc 401(k) match · 2024
Employer contribution per active participant$1,778
Median for plans this size$1,313
2024$1,778 per active participant
2023$1,539 per active participant
2022$1,429 per active participant

Evans Components Inc's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$33,540
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$13,483
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$47,024 · 0.81%
2023$49,879 · 1.05%
2022$38,366 · 0.92%
Same employer
Similar plansManufacturing · Oregon
Gk Machine, Inc. OR$6.5M · 0.91%
Ever Fresh Fruit Company OR$6.5M · 0.43%
The Townshend Group, LLC OR$6.4M · 0.39%
Oregon Brewing Company OR$5.9M · 0.37%
King Retail Solutions OR$5.8M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931300178 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.