Plan Ledger DOL Form 5500 · updated monthly

Everdriven Technologies, LLC401(k)

EVERDRIVEN TECHNOLOGIES, LLC 401(K) PLAN · ST. GEORGE, UT · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Everdriven Technologies, LLC reported $39,550 in plan administrative expenses for 2024: 0.68% of average plan assets, above the peer median. Employer contributions averaged $1,271 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 0.89% to 0.68%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Utah (558th of 848), and 1,460th of 2,677 in transportation & warehousing. In 2024, employees put in $2.64 for every $1.00 the employer contributed; active participation has grown from 231 to 291 since 2022.

Plan summary
Net assets, end of year$6,425,421
Participants with balances148
Active participants291
Employer contributions$369,728
Employee contributions$976,683
Employer contribution per active participant$1,271
Average account balance$43,415
Benefits paid to participants$1,130,374
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 148 accts · $370K emplr
2023$5.3M · 136 accts · $347K emplr
2022$3.6M · 121 accts · $303K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,550
Total administrative$39,550
The Everdriven Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$1,271
Median for plans this size$1,313
2024$1,271 per active participant
2023$1,405 per active participant
2022$1,313 per active participant

Everdriven Technologies, LLC's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$39,550
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect 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$39,550 · 0.68%
2023$38,985 · 0.88%
2022$31,668 · 0.89%
Same employer
Similar plansTransportation & Warehousing · Utah
Alpine Aviation, Inc. UT$8.1M · 0.56%
Utah Tank & Trailer, LLC UT$4.0M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833242150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.