Plan Ledger DOL Form 5500 · updated monthly

Evident Scientific401(k)

EVIDENT SCIENTIFIC 401(K) PLAN · WALTHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Evident Scientific reported $326,754 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $9,195 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 rose from 0.04% to 0.22%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 321st-largest of 2,726 plans among Massachusetts employers on file, and the 1,382nd of 13,661 in manufacturing. In 2024, employees put in $1.17 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$156,098,419
Participants with balances788
Active participants685
Employer contributions$6,298,275
Employee contributions$7,351,740
Employer contribution per active participant$9,195
Average account balance$198,094
Benefits paid to participants$19,567,375
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$156.1M · 788 accts · $6.3M emplr
2023$140.1M · 806 accts · $6.0M emplr
2022$115.6M · 714 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250,077
Investment management$76,677
Total administrative$326,754
The Evident Scientific 401(k) match · 2024
Employer contribution per active participant$9,195
Median for plans this size$3,635
2024$9,195 per active participant
2023$8,229 per active participant
2022$2,501 per active participant

Evident Scientific's 2024 employer contribution ran above the $3,635 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 · 20243
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$250,077
CAPFINANCIAL PARTNERS LLC DBA CAPTR · Investment advisory (plan)$76,502
EMPOWER FINANCIAL SERVICES, INC. · Securities brokerage · Investment advisory (participants)$175

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$326,754 · 0.22%
2023$277,231 · 0.22%
2022$40,952 · 0.04%
Same employer
Similar plansManufacturing · Massachusetts
Circor International, Inc. MA$178.8M · 0.16%
Flexcon Company, Inc MA$176.8M · 0.07%
Mestek, Inc. MA$147.9M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 562538906 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.