Plan Ledger DOL Form 5500 · updated monthly

Everon401(k)

EVERON 401(K) PLAN · BOCA RATON, FL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Everon reported $32,588 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,011 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other administrative & support services employers. By assets it is the 101st-largest of 3,644 plans among Florida employers on file, and the 58th of 2,534 in administrative & support services. In 2024, the employer put in $1.59 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$398,046,285
Participants with balances4,316
Active participants5,306
Employer contributions$10,670,696
Employee contributions$6,715,629
Employer contribution per active participant$2,011
Average account balance$92,226
Benefits paid to participants$12,166,887
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,838
Total administrative$32,588
The Everon 401(k) match · 2024
Employer contribution per active participant$2,011
Median for plans this size$4,294

Everon's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
CAPFINANCIAL PARTNERS LLC$19,750
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,838

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$32,588 · 0.01%
Same employer
Similar plansAdministrative & Support Services · Florida
Coadvantage Corporation FL$1.2B · 0.38%
The Geo Group, Inc. FL$320.9M · 0.23%
Alphastaff Group, Inc. FL$252.3M · 0.56%
Cross Country Healthcare FL$218.3M · 0.30%
Frankcrum 11, Inc. FL$205.3M · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900008456 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.