Plan Ledger DOL Form 5500 · updated monthly

Evercharge Inc.401(k)

EVERCHARGE 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Evercharge Inc. reported $5,384 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,510 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,650th of 9,483), and 9,385th of 11,654 in professional & technical services. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,036,399
Participants with balances158
Active participants116
Employer contributions$755,115
Employee contributions$1,275,279
Employer contribution per active participant$6,510
Average account balance$38,205
Benefits paid to participants$339,170
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,592
Investment management$3,792
Total administrative$5,384
The Evercharge Inc. 401(k) match · 2024
Employer contribution per active participant$6,510
Median for plans this size$1,313

Evercharge Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history1
2024$5,384 · 0.11%
Same employer
Similar plansProfessional & Technical Services · California
Clara Foods Co. CA$6.1M · 0.04%
Intellipro Group, Inc. CA$6.0M · 1.18%
The Envoy Group LLC CA$6.0M · 0.80%
Lindquist LLP CA$6.0M · 0.06%
Cobalt Labs Inc CA$6.0M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 800281465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.