Plan Ledger DOL Form 5500 · updated monthly

Evoke Research and Consulting, LLC401(k)

EVOKE RESEARCH AND CONSULTING 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Evoke Research and Consulting, LLC reported $75,437 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,845 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 3 years on file its reported administrative ratio has held roughly steady near 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Virginia (1,322nd of 2,266), and 7,261st of 11,654 in professional & technical services. In 2024, employees put in $3.84 for every $1.00 the employer contributed; active participation has grown from 121 to 158 since 2022.

Plan summary
Net assets, end of year$12,426,839
Participants with balances169
Active participants158
Employer contributions$291,474
Employee contributions$1,119,588
Employer contribution per active participant$1,845
Average account balance$73,532
Benefits paid to participants$1,691,101
Plan auditUnmodified (clean) audit opinion
AuditorSMITH ELLIOTT KEARNS & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$12.4M · 169 accts · $291K emplr
2023$11.1M · 185 accts · $345K emplr
2022$8.2M · 172 accts · $285K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,720
Investment management$11,487
Total administrative$75,437
The Evoke Research and Consulting, LLC 401(k) match · 2024
Employer contribution per active participant$1,845
Median for plans this size$2,416
2024$1,845 per active participant
2023$2,301 per active participant
2022$2,357 per active participant

Evoke Research and Consulting, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$46,720
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$28,705

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

Administrative cost history3
2024$75,437 · 0.64%
2023$59,862 · 0.62%
2022$54,390 · 0.63%
Similar plansProfessional & Technical Services · Virginia
Devtech Systems, Inc. VA$12.8M · 0.22%
The Prospective Group Inc. VA$12.7M · 0.10%
Social Impact, Inc. VA$12.5M · 0.70%
Innovate, Inc. VA$12.5M · 0.50%
Vision Point Systems, Inc. VA$12.3M · 0.68%
Securigence LLC VA$12.2M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205980270 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.