Plan Ledger DOL Form 5500 · updated monthly

Everest Clinical Research Corporation401(k)

EVEREST CLINICAL RESEARCH CORPORATION 401(K) PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Everest Clinical Research Corporation reported $74,296 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,100 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 0.50% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in New Jersey (1,213th of 2,419), and 6,418th of 11,654 in professional & technical services. In 2024, employees put in $4.04 for every $1.00 the employer contributed; active participation has grown from 105 to 186 since 2022.

Plan summary
Net assets, end of year$15,675,990
Participants with balances189
Active participants186
Employer contributions$576,525
Employee contributions$2,331,582
Employer contribution per active participant$3,100
Average account balance$82,942
Benefits paid to participants$1,173,219
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.7M · 189 accts · $577K emplr
2023$11.6M · 164 accts · $369K emplr
2022$8.1M · 134 accts · $313K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,268
Investment management$65,028
Total administrative$74,296
The Everest Clinical Research Corporation 401(k) match · 2024
Employer contribution per active participant$3,100
Median for plans this size$2,416
2024$3,100 per active participant
2023$2,794 per active participant
2022$2,985 per active participant

Everest Clinical Research Corporation's 2024 employer contribution ran above the $2,416 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 · 20243
WELLS FARGO ADVISORS FIN NETWORK LL · Investment advisory (plan)$52,461
EMPOWER ADVISORY GROUP, LLC · Investment management$12,567

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$74,296 · 0.54%
2023$52,772 · 0.53%
2022$41,871 · 0.50%
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Source: U.S. Department of Labor, Form 5500 series, EIN 980548374 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.