Plan Ledger DOL Form 5500 · updated monthly

Evergreen Shipping Agency (America) Corporation401(k)

EGA 401(K) PROFIT SHARING PLAN · JERSEY CITY, NJ · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Evergreen Shipping Agency (America) Corporation reported $360,848 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $4,389 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 0.20% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 228th-largest of 2,419 plans among New Jersey employers on file, and the 150th of 2,677 in transportation & warehousing. In 2024, employees put in $2.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$198,129,845
Participants with balances574
Active participants351
Employer contributions$1,540,528
Employee contributions$3,864,208
Employer contribution per active participant$4,389
Average account balance$345,174
Benefits paid to participants$16,241,591
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$198.1M · 574 accts · $1.5M emplr
2023$187.4M · 597 accts · $1.5M emplr
2022$165.3M · 586 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$199,330
Investment management$152,218
Audit (IQPA)$9,000
Total administrative$360,848
The Evergreen Shipping Agency (America) Corporation 401(k) match · 2024
Employer contribution per active participant$4,389
Median for plans this size$3,635
2024$4,389 per active participant
2023$4,172 per active participant
2022$4,151 per active participant

Evergreen Shipping Agency (America) Corporation's 2024 employer contribution ran above the $3,635 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 · 20245
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$152,218
EMPOWER ADVISORY GROUP, LLC · Investment management$41,736
EVERGREEN SHIPPING AGENCY (AMERICA)$9,000
QDRO CONSULTANTS COMPANY, LLC · Consulting$300

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$360,848 · 0.19%
2023$326,472 · 0.19%
2022$356,125 · 0.20%
All plans at this employer2
EGA 401(K) PROFIT SHARING PLAN401(k)
EGA MONEY PURCHASE PENSION PLANMoney purchase plan
Same employer
Similar plansTransportation & Warehousing · New Jersey
Dsv Air & Sea, Inc NJ$391.9M · 0.02%
Sgs North America, Inc. NJ$319.3M · 0.11%
Nfi Industries, Inc. NJ$299.3M · 0.22%
Maher Terminals LLC NJ$132.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133373601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.