Plan Ledger DOL Form 5500 · updated monthly

Everence Services, LLC401(k)

EVERENCE SERVICES, LLC 401(K) PLAN · GOSHEN, IN · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Everence Services, LLC reported $10,394 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $992 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 rose from 0.01% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 242nd-largest of 1,562 plans among Indiana employers on file, and the 2,327th of 11,654 in professional & technical services. In 2024, employees put in $6.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,376,400
Participants with balances519
Active participants393
Employer contributions$390,049
Employee contributions$2,431,164
Employer contribution per active participant$992
Average account balance$118,259
Benefits paid to participants$7,185,818
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.4M · 519 accts · $390K emplr
2023$57.0M · 558 accts · $370K emplr
2022$49.4M · 548 accts · $360K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,394
Total administrative$10,394
The Everence Services, LLC 401(k) match · 2024
Employer contribution per active participant$992
Median for plans this size$3,635
2024$992 per active participant
2023$971 per active participant
2022$941 per active participant

Everence Services, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20241
ASCENSUS LLC · Recordkeeping$10,394

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,394 · 0.02%
2023$4,275 · 0.01%
2022$3,570 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Indiana
Tangoe US, Inc. IN$66.8M · 0.22%
Energy Systems Group, LLC IN$62.6M · 0.23%
Somerset Cpas, P.C. IN$53.5M · 0.01%
The Ame Group IN$49.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 351962055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.