Plan Ledger DOL Form 5500 · updated monthly

Evive Health, LLC401(k)

EVIVE HEALTH, LLC RETIREMENT PLAN · CHICAGO, IL · plan year 2023

Reported admin expense ratio · 2023
0.71%

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

Evive Health, LLC reported $31,197 in plan administrative expenses for 2023: 0.71% of average plan assets, above the peer median. Employer contributions averaged $2,097 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 1 year on file its reported administrative ratio fell from 0.96% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,972nd of 3,702), and 9,860th of 11,654 in professional & technical services. In 2023, employees put in $4.57 for every $1.00 the employer contributed; active participation has shrunk from 74 to 62 since 2022.

Plan summary
Net assets, end of year$4,864,980
Participants with balances107
Active participants62
Employer contributions$130,001
Employee contributions$593,933
Employer contribution per active participant$2,097
Average account balance$45,467
Benefits paid to participants$880,498
Plan auditUnmodified (clean) audit opinion
AuditorKUTCHINS ROBBINS & DIAMOND LTD
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $91K emplr
2023$4.9M · 107 accts · $130K emplr
2022$3.9M · 120 accts · $155K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$31,197
Total administrative$31,197
The Evive Health, LLC 401(k) match · 2023
Employer contribution per active participant$2,097
Median for plans this size$1,308
2023$2,097 per active participant
2022$2,090 per active participant

Evive Health, LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$31,196
MMA SECURITIES LLC · Other servicesindirect comp

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

Administrative cost history3
2024Not separately reported
2023$31,197 · 0.71%
2022$39,750 · 0.96%
Similar plansProfessional & Technical Services · Illinois
Packback, Inc. IL$5.1M · 0.57%
Citizens Rx, LLC IL$5.0M · 0.01%
Dermacare LLC IL$5.0M · 0.05%
Al Media LLC IL$4.8M · 0.86%
Vrdolyak Law Group, LLC IL$4.8M · 1.23%
Tecnova, Inc. IL$4.6M · 0.18%
One Acre Fund IL$4.4M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208578851 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.