What are the fees in the Evernest Holdings, LLC 401(k) plan?

For plan year 2024, Evernest Holdings, LLC reported $46,208 in plan administrative expenses, or 2.11% of average plan assets — higher than ~90% of peers. Fund-level expense ratios are not included in public filings.

What is the average account balance in the Evernest Holdings, LLC 401(k)?

The average participant account balance was $16,175 for plan year 2024, based on 138 accounts.

Evernest Holdings, LLC401(k)

Name: Evernest Holdings, LLC 401(k) plan: Form 5500 data
Creator: U.S. Department of Labor

EVERNEST, LLC 401(K) PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024

2.11%

Evernest Holdings, LLC reported $46,208 in plan administrative expenses for 2024: 2.11% of average plan assets, higher than ~90% of peers. 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Alabama (786th of 902), and 1,831st of 2,096 in real estate & leasing.

Plan summary
Net assets, end of year$2,232,188
Participants with balances138
Active participants174
Employer contributions—
Employee contributions$541,169
Employer contribution per active participant—
Average account balance$16,175
Benefits paid to participants$1,097,405
Plan auditUnmodified (clean) audit opinion
AuditorBLACK & PINCKARD LLC

Administrative expenses, itemized · 2024

Recordkeeping & contract admin$27,997

Investment management$18,211

Total administrative$46,208

What these fees cost you

Your balance

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

PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$23,018

WAVERLY ADVISORS LLC · Investment advisory (plan)$18,208

WARREN AVERETT BENEFIT CONSULTANTS · Contract administrator · Other services$4,979

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

Administrative cost history1

2024$46,208 · 2.11%

Similar plansReal Estate & Leasing · Alabama
Capstone Real Estate Investments, LLC AL$4.7M · 0.26%
Caliza LLC AL$3.9M · 0.15%
Ascent Residential, L.L.C. AL$3.5M · 0.99%
Bell Media, LLC AL$2.4M · 0.76%
Dalcor Management, Inc. AL$1.1M · 1.37%
Sky Dreams, LLC AL$476K · 1.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800158684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.