Plan Ledger DOL Form 5500 · updated monthly

Ever Green Energy, Inc.401(k)

EVER-GREEN ENERGY, INC. 401(K) SALARY DEFERRAL RETIREMENT PLAN - OFFICE & SUPERVISORY · ST. PAUL, MN · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Ever Green Energy, Inc. reported $60,216 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $8,403 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 3 years on file its reported administrative ratio has held roughly steady near 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 650th-largest of 1,918 plans among Minnesota employers on file, and 221st of 412 in utilities. In 2024, employees put in $1.13 for every $1.00 the employer contributed; active participation has grown from 106 to 119 since 2022.

Plan summary
Net assets, end of year$32,733,275
Participants with balances139
Active participants119
Employer contributions$1,000,015
Employee contributions$1,129,875
Employer contribution per active participant$8,403
Average account balance$235,491
Benefits paid to participants$2,899,976
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.7M · 139 accts · $1.0M emplr
2023$29.9M · 129 accts · $863K emplr
2022$24.4M · 123 accts · $882K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,216
Total administrative$60,216
The Ever Green Energy, Inc. 401(k) match · 2024
Employer contribution per active participant$8,403
Median for plans this size$2,416
2024$8,403 per active participant
2023$7,987 per active participant
2022$8,324 per active participant

Ever Green Energy, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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
EMPOWER ADVISORY GROUP, LLC · Investment management$25,164
FUTUREPLAN BY ASCENSUS · Contract administrator$1,755

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

Administrative cost history3
2024$60,216 · 0.19%
2023$48,469 · 0.18%
2022$48,889 · 0.18%
Same employer
Similar plansUtilities · Minnesota
Connexus Energy MN$94.2M · 0.00%
Dakota Electric Association MN$75.4M · 0.08%
Lakes Gas Co. MN$13.5M · 0.11%
Rms Energy Co. LLC MN$8.3M · 1.01%
All Energy Solar, Inc. MN$7.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411938761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.