Plan Ledger DOL Form 5500 · updated monthly

Evergreen Living Innovations Inc.401(k)

EVERGREEN LIVING INNOVATIONS, INC. 401K RETIREMENT PLAN · OLATHE, KS · plan year 2024

Reported admin expense ratio · 2024
0.79%

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

Evergreen Living Innovations Inc. reported $29,230 in plan administrative expenses for 2024: 0.79% of average plan assets, above the peer median. Employer contributions averaged $2,190 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 0.92% to 0.79%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Kansas (690th of 828), and 8,649th of 11,911 in health care & social assistance. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has shrunk from 121 to 84 since 2022.

Plan summary
Net assets, end of year$3,853,956
Participants with balances134
Active participants84
Employer contributions$183,928
Employee contributions$348,497
Employer contribution per active participant$2,190
Average account balance$28,761
Benefits paid to participants$560,288
Plan auditUnmodified (clean) audit opinion
AuditorBLAND & ASSOCAITES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$3.9M · 134 accts · $184K emplr
2023$3.5M · 124 accts · $162K emplr
2022$2.9M · 108 accts · $144K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,960
Investment management$12,392
Trustee / custodial$1,878
Total administrative$29,230
The Evergreen Living Innovations Inc. 401(k) match · 2024
Employer contribution per active participant$2,190
Median for plans this size$1,313
2024$2,190 per active participant
2023$1,246 per active participant
2022$1,192 per active participant

Evergreen Living Innovations Inc.'s 2024 employer contribution ran above 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
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$14,960
QUALIFIED PLAN ADVISORS · Investment advisory (plan)$12,392

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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Administrative cost history3
2024$29,230 · 0.79%
2023$25,356 · 0.78%
2022$28,703 · 0.92%
Similar plansHealth Care & Social Assistance · Kansas

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Source: U.S. Department of Labor, Form 5500 series, EIN 742857475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.