Plan Ledger DOL Form 5500 · updated monthly

Everbridge, Inc.401(k)

EVERBRIDGE, INC. 401(K) PROFIT SHARING PLAN & TRUST · BURLINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Everbridge, Inc. reported $180,254 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $3,683 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 0.29% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 451st-largest of 2,726 plans among Massachusetts employers on file, and the 1,163rd of 11,911 in health care & social assistance. In 2024, employees put in $4.00 for every $1.00 the employer contributed; active participation has shrunk from 885 to 680 since 2022.

Plan summary
Net assets, end of year$92,544,902
Participants with balances1,062
Active participants680
Employer contributions$2,504,686
Employee contributions$10,006,428
Employer contribution per active participant$3,683
Average account balance$87,142
Benefits paid to participants$11,993,552
Plan auditUnmodified (clean) audit opinion
AuditorTURNER, WARREN, HWANG & CONRAD
Plan history3
Yearassets · accounts · employer contribution
2024$92.5M · 1,062 accts · $2.5M emplr
2023$78.3M · 1,150 accts · $2.3M emplr
2022$61.0M · 1,245 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,104
Investment management$65,000
Audit (IQPA)$16,150
Total administrative$180,254
The Everbridge, Inc. 401(k) match · 2024
Employer contribution per active participant$3,683
Median for plans this size$3,635
2024$3,683 per active participant
2023$2,832 per active participant
2022$2,420 per active participant

Everbridge, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$99,104
HAYS FINANCIAL GROUP · Investment advisory (plan)$65,000
TURNER, WARREN, HWANG & CONRAD AC · Accounting / audit$16,150
WEALTH MANAGEMENT SYSTEMS INC · Other servicesindirect comp

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$180,254 · 0.21%
2023$144,102 · 0.21%
2022$187,660 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Benchmark Senior Living LLC MA$94.9M · 0.48%
Heywood Hospital MA$88.2M · 0.18%
Prima Care, P.C. MA$86.8M · 0.46%
The May Institute, Inc. MA$85.0M · 0.28%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 262919312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.