Plan Ledger DOL Form 5500 · updated monthly

Everfast, Inc.401(k)

THE EVERFAST, INC. 401(K) RETIREMENT PLAN · KENNETT SQUARE, PA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Everfast, Inc. reported $105,211 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $278 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 0.20% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 970th-largest of 3,651 plans among Pennsylvania employers on file, and the 806th of 5,215 in retail trade. In 2024, employees put in $13.28 for every $1.00 the employer contributed; active participation has grown from 172 to 213 since 2022.

Plan summary
Net assets, end of year$39,301,011
Participants with balances307
Active participants213
Employer contributions$59,301
Employee contributions$787,692
Employer contribution per active participant$278
Average account balance$128,016
Benefits paid to participants$2,109,710
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$39.3M · 307 accts · $59K emplr
2023$35.4M · 319 accts · $76K emplr
2022$33.6M · 348 accts · $80K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,176
Investment management$102,035
Total administrative$105,211
The Everfast, Inc. 401(k) match · 2024
Employer contribution per active participant$278
Median for plans this size$2,416
2024$278 per active participant
2023$352 per active participant
2022$467 per active participant

Everfast, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
NEWPORT CAPITAL GROUP LLC · Recordkeeping · Trustee$62,560
ADP, INC. · Loan processing · Recordkeeping$42,650
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, NEWPORT CAPITAL GROUP LLC
2023ADP, NEWPORT CAPITAL GROUP LLC

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

Administrative cost history3
2024$105,211 · 0.28%
2023$97,613 · 0.28%
2022$75,684 · 0.20%
Same employer
Similar plansRetail Trade · Pennsylvania
Thompson Motor Group, Inc. PA$57.2M · 0.33%
Diamond Drugs, Inc. PA$47.4M · 0.01%
Pentech Holdings Inc. PA$44.4M · 0.21%
Autobody Products, Inc. PA$37.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131758410 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.