Plan Ledger DOL Form 5500 · updated monthly

Everway, LLC401(k)

EVERWAY, LLC 401(K) PLAN · HURON, OH · plan year 2024

Reported admin expense ratio · 2024
0.67%

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

Everway, LLC reported $86,209 in plan administrative expenses for 2024: 0.67% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,161 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 $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Ohio (1,681st of 3,295), and 1,283rd of 2,199 in information & media. In 2024, employees put in $1.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,740,034
Participants with balances289
Active participants205
Employer contributions$1,058,064
Employee contributions$1,472,025
Employer contribution per active participant$5,161
Average account balance$47,543
Benefits paid to participants$2,444,854
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,242
Investment management$40,697
Audit (IQPA)$24,021
Total administrative$86,209
The Everway, LLC 401(k) match · 2024
Employer contribution per active participant$5,161
Median for plans this size$2,416

Everway, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$40,697
BDO USA, P.C. · Accounting / audit$24,021
DEFINITI LLC$8,249

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$86,209 · 0.67%
Same employer
Similar plansInformation & Media · Ohio
3GTMS, LLC OH$13.0M · 0.26%
Teamdynamix Solutions LLC OH$12.9M · 0.33%
NEWS-2-YOU, Inc. OH$12.1M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262606260 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.