Plan Ledger DOL Form 5500 · updated monthly

Evergy, Inc.401(k) + ESOP (KSOP)

EVERGY, INC. 401K SAVINGS PLAN · KANSAS CITY, MO · plan year 2025

Reported admin expense ratio · 2025
0.08%

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

Evergy, Inc. reported $1,303,118 in plan administrative expenses for 2025: 0.08% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,217 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 4 years on file its reported administrative ratio has held roughly steady near 0.082%. The plan sits in the over $1B size bracket, benchmarked here against 141 comparable plans and shown alongside other utilities employers. By assets it is the 17th-largest of 1,393 plans among Missouri employers on file, and the 32nd of 412 in utilities. In 2025, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,691,826,304
Participants with balances5,902
Active participants4,688
Employer contributions$29,143,353
Employee contributions$60,925,889
Employer contribution per active participant$6,217
Average account balance$286,653
Benefits paid to participants$131,975,931
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$1.7B · 5,902 accts · $29.1M emplr
2024$1.5B · 5,978 accts · $26.6M emplr
2023$1.3B · 6,008 accts · $23.9M emplr
2022$1.3B · 6,125 accts · $24.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$389,128
Investment management$910,090
Total administrative$1,303,118
The Evergy, Inc. 401(k) match · 2025
Employer contribution per active participant$6,217
Median for plans this size$5,084
2025$6,217 per active participant
2024$5,642 per active participant
2023$5,140 per active participant
2022$5,424 per active participant

Evergy, Inc.'s 2025 employer contribution ran above the $5,084 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
EMPOWER ADVISORY GROUP LLC · Investment advisory (plan)$808,951
EMPOWER ANNUITY INSURANCE COMPANY O · Loan processing$389,128
SAGEVIEW ADVISORY GROUP LLC · Investment advisory (plan)$101,140

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

Administrative cost history4
2025$1,303,118 · 0.08%
2024$1,202,720 · 0.08%
2023$1,124,733 · 0.09%
2022$1,151,659 · 0.08%
Same employer
Similar plansUtilities · Missouri
Ameren Corporation MO$3.2B · 0.11%
Nisource Inc IN$2.0B · 0.00%
Pacificorp OR$1.8B · 0.15%
Puget Sound Energy, Inc. WA$1.3B · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822733395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.