Plan Ledger DOL Form 5500 · updated monthly

Evolve Growth Initiatives, LLC, dba Evolve Treatment Centers401(k)

EVOLVE TREATMENT CENTERS 401(K) PLAN · EL SEGUNDO, CA · plan year 2024

Reported admin expense ratio · 2024
2.05%

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

Evolve Growth Initiatives, LLC, dba Evolve Treatment Centers reported $64,874 in plan administrative expenses for 2024: 2.05% of average plan assets, higher than ~90% of peers. Employer contributions averaged $606 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 1.82% to 2.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (7,570th of 9,483), and 8,844th of 11,911 in health care & social assistance. In 2024, employees put in $4.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,590,957
Participants with balances540
Active participants264
Employer contributions$160,025
Employee contributions$764,149
Employer contribution per active participant$606
Average account balance$6,650
Benefits paid to participants$460,321
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 540 accts · $160K emplr
2023$2.7M · 413 accts · $135K emplr
2022$2.2M · 324 accts · $133K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,199
Total administrative$64,874
The Evolve Growth Initiatives, LLC, dba Evolve Treatment Centers 401(k) match · 2024
Employer contribution per active participant$606
Median for plans this size$1,313
2024$606 per active participant
2023$550 per active participant
2022$554 per active participant

Evolve Growth Initiatives, LLC, dba Evolve Treatment Centers's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$30,723
THE RYDING COMPANY · Recordkeeping · Loan processing$2,525
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$15,675

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

Recordkeeper by year2
2024THE RYDING COMPANY, Transamerica
2023THE RYDING COMPANY, Transamerica

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

Administrative cost history3
2024$64,874 · 2.05%
2023$68,448 · 2.79%
2022$37,284 · 1.82%
Similar plansHealth Care & Social Assistance · California
Palm Consulting CA$3.7M · 0.67%
Monte Vista Grove Homes CA$3.6M · 0.80%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 465716785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.