Plan Ledger DOL Form 5500 · updated monthly

Evolution Medical Communications, LLC401(k)

EVOLUTION MEDICAL COMMUNICATIONS RETIREMENT PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.82%

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

Evolution Medical Communications, LLC reported $68,696 in plan administrative expenses for 2024: 0.82% of average plan assets, above the peer median. Employer contributions averaged $5,315 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 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (2,413th of 3,651), and 8,367th of 11,654 in professional & technical services. In 2024, employees put in $1.95 for every $1.00 the employer contributed; active participation has shrunk from 113 to 63 since 2022.

Plan summary
Net assets, end of year$8,866,104
Participants with balances160
Active participants63
Employer contributions$334,841
Employee contributions$654,135
Employer contribution per active participant$5,315
Average account balance$55,413
Benefits paid to participants$1,018,528
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 160 accts · $335K emplr
2023$7.8M · 166 accts · $379K emplr
2022$5.9M · 164 accts · $390K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,696
Total administrative$68,696
The Evolution Medical Communications, LLC 401(k) match · 2024
Employer contribution per active participant$5,315
Median for plans this size$1,313
2024$5,315 per active participant
2023$3,948 per active participant
2022$3,453 per active participant

Evolution Medical Communications, LLC's 2024 employer contribution ran above the $1,313 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$1,404
THE PARAGON ALLIANCE GROUP LLC · Plan administrator · Recordkeeping$1,170

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

Recordkeeper by year2
2024John Hancock, THE PARAGON ALLIANCE GROUP LLC
2023John Hancock

This plan has changed recordkeepers within these filings. If you left Evolution Medical Communications, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$68,696 · 0.82%
2023$56,094 · 0.82%
2022$48,854 · 0.81%
Similar plansProfessional & Technical Services · Pennsylvania
Near Earth Autonomy, Inc. PA$9.0M · 0.05%
Gh Advertising, Inc. PA$8.9M · 0.01%
Wampole Miller, Inc. PA$8.8M · 0.82%
Prwt Services, Inc. PA$8.7M · 1.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010842935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.