Plan Ledger DOL Form 5500 · updated monthly

Evolucion Innovations, Inc.401(k)

EVOLUCION INNOVATIONS, INC. RETIREMENT TRUST · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Evolucion Innovations, Inc. reported $41,885 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $710 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 fell from 0.65% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Washington (1,072nd of 1,714), and 2,628th of 5,215 in retail trade. In 2024, employees put in $4.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,992,840
Participants with balances244
Active participants374
Employer contributions$265,483
Employee contributions$1,197,892
Employer contribution per active participant$710
Average account balance$40,954
Benefits paid to participants$861,605
Plan auditUnmodified (clean) audit opinion
AuditorCLARK RAYMOND & COMPANY PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 244 accts · $265K emplr
2023$7.5M · 224 accts · $267K emplr
2022$5.3M · 205 accts · $249K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,885
Total administrative$41,885
The Evolucion Innovations, Inc. 401(k) match · 2024
Employer contribution per active participant$710
Median for plans this size$1,313
2024$710 per active participant
2023$714 per active participant
2022$698 per active participant

Evolucion Innovations, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20245
RAYMOND JAMES · Investment advisory (plan)$10,497
EMPOWER ADVISORY GROUP, LLC · Investment management$3,846
EVERGREEN RETIREMENT PLAN CONSULTIN · Contract administrator$2,950
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan)$2,500

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$41,885 · 0.48%
2023$40,744 · 0.63%
2022$33,198 · 0.65%
Same employer
Similar plansRetail Trade · Washington
Roy Robinson Incorporated WA$10.4M · 0.86%
Valmark, Inc. WA$10.3M · 0.22%
Northsound Auto Group LLC WA$10.1M · 0.78%
R N R Holiday Rv Inc. WA$9.7M · 0.72%
Mid Columbia Forklift Inc WA$9.6M · 0.02%
Grizzly Industrial, Inc. WA$8.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562529165 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.