Plan Ledger DOL Form 5500 · updated monthly

Evans Incorporated401(k)

EVANS CONSULTING 401(K) PLAN · FALLS CHURCH, VA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Evans Incorporated reported $71,440 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,900 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 0.54% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,098th-largest of 2,266 plans among Virginia employers on file, and 6,143rd of 11,654 in professional & technical services. In 2024, employees put in $2.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,963,244
Participants with balances132
Active participants99
Employer contributions$386,124
Employee contributions$1,073,191
Employer contribution per active participant$3,900
Average account balance$128,509
Benefits paid to participants$1,289,715
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$17.0M · 132 accts · $386K emplr
2022$11.5M · 81 accts · $429K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,852
Investment management$28,124
Total administrative$71,440
The Evans Incorporated 401(k) match · 2024
Employer contribution per active participant$3,900
Median for plans this size$2,416
2024$3,900 per active participant
2022$3,765 per active participant

Evans Incorporated's 2024 employer contribution ran above the $2,416 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$56,588
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$14,852

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

Administrative cost history2
2024$71,440 · 0.45%
2022$63,969 · 0.54%
Same employer
Similar plansProfessional & Technical Services · Virginia
Oddball, Inc. VA$17.0M · 0.48%
Future Technologies, Inc. VA$17.0M · 0.42%
Spectrum Comm., Inc. VA$17.0M · 0.40%
Black Cape, Inc. VA$16.9M · 0.09%
Ascella Technologies Inc. VA$16.9M · 0.13%
Corps Solutions LLC VA$16.8M · 0.36%
Core One Solutions LLC VA$16.8M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541698056 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.