Plan Ledger DOL Form 5500 · updated monthly

Evergreen North America Industrial Services401(k)

EVERGREEN NORTH AMERICA INDUSTRIAL SERVICES 401(K) PLAN · LA PORTE, TX · plan year 2023

Reported admin expense ratio · 2023
0.75%

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

Evergreen North America Industrial Services reported $129,950 in plan administrative expenses for 2023: 0.75% of average plan assets, higher than ~90% of peers. Employer contributions averaged $943 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 1 year on file its reported administrative ratio rose from 0.64% to 0.75%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other administrative & support services employers. By assets it is the 2,056th-largest of 5,688 plans among Texas employers on file, and the 627th of 2,534 in administrative & support services. In 2023, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 840 to 1,309 since 2022.

Plan summary
Net assets, end of year$19,562,686
Participants with balances457
Active participants1,309
Employer contributions$1,233,819
Employee contributions$2,135,392
Employer contribution per active participant$943
Average account balance$42,807
Benefits paid to participants$1,849,377
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $42K emplr
2023$19.6M · 457 accts · $1.2M emplr
2022$15.2M · 484 accts · $911K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$124,841
Total administrative$129,950
The Evergreen North America Industrial Services 401(k) match · 2023
Employer contribution per active participant$943
Median for plans this size$2,440
2023$943 per active participant
2022$1,085 per active participant

Evergreen North America Industrial Services's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$130,808
ALLIANT INSURANCE SERVICES, INC. · Investment advisory (plan)indirect comp
LOREN D. STARK COMPANY · Other servicesindirect comp

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

Administrative cost history3
2024Not separately reported
2023$129,950 · 0.75%
2022$104,738 · 0.64%
Same employer
Similar plansAdministrative & Support Services · Texas
The Bms Enterprises, LLC TX$21.7M · 0.42%
Embrey Development Company TX$21.2M · 0.37%
Lifesize, Inc. TX$20.7M · 0.57%
Essential HR, Inc. TX$16.5M · 0.76%
The Trade Group, Inc. TX$16.3M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760643898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.