Plan Ledger DOL Form 5500 · updated monthly

Everett Financial, Inc. dba Supreme Lending401(k)

EVERETT FINANCIAL, INC. DBA SUPREME LENDING 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.48%

Everett Financial, Inc. dba Supreme Lending reported $282,853 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~90% of peers. 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 0.50% to 0.48%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 920th-largest of 5,688 plans among Texas employers on file, and the 1,432nd of 4,798 in finance & insurance. active participation has shrunk from 1,801 to 1,132 since 2022.

Plan summary
Net assets, end of year$61,591,000
Participants with balances967
Active participants1,132
Employer contributions—
Employee contributions$4,577,781
Employer contribution per active participant—
Average account balance$63,693
Benefits paid to participants$12,167,775
Plan auditUnmodified (clean) audit opinion
AuditorCATHEDRAL CPAS & ADVISORS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$61.6M · 967 accts
2023$56.9M · 1,079 accts
2022$55.6M · 1,331 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$282,853
Total administrative$282,853
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
ARMANINO LLP · Recordkeeping · Pension consulting$25,435
JOHN HANCOCK LIFE INS CO USA · Recordkeeping · Investment management$20,759

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

Recordkeeper by year2
2024ARMANINO LLP, John Hancock
2023ARMANINO LLP, John Hancock

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

Administrative cost history3
2024$282,853 · 0.48%
2023$291,400 · 0.52%
2022$304,197 · 0.50%
Same employer
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Trafigura Trading LLC TX$65.2M · 0.12%
American Bank TX$62.7M · 0.26%
Jasper Ridge Partners, L.P. TX$62.5M · 0.04%
Guaranty Bancshares, Inc. TX$61.5M · 0.25%
Extraco Corporation TX$59.8M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752695327 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.