Plan Ledger DOL Form 5500 · updated monthly

Evans Management Group, LLC401(k)

EVANS MANAGEMENT GROUP 401(K) RETIREMENT PLAN · ORANGEBURG, SC · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Evans Management Group, LLC reported $109,259 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,845 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 259th-largest of 807 plans among South Carolina employers on file, and the 1,962nd of 5,337 in construction. In 2024, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,911,109
Participants with balances307
Active participants236
Employer contributions$907,363
Employee contributions$1,760,919
Employer contribution per active participant$3,845
Average account balance$68,114
Benefits paid to participants$1,504,430
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,112
Investment management$48,147
Total administrative$109,259
The Evans Management Group, LLC 401(k) match · 2024
Employer contribution per active participant$3,845
Median for plans this size$2,416

Evans Management Group, LLC'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
VALMARK ADVISERS INC · Investment advisory (plan)$48,147

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

Administrative cost history1
2024$109,259 · 0.57%
Similar plansConstruction · South Carolina
C. R. Jackson, Inc. SC$29.5M · 0.25%
Morgan Corp SC$28.5M · 0.08%
Greenwood, Inc. SC$20.9M · 0.40%
Banks Construction Company SC$20.3M · 0.01%
Cfe Management, LLC SC$17.3M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873925616 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.