Plan Ledger DOL Form 5500 · updated monthly

Evolved by Nature, Inc.401(k)

EVOLVED BY NATURE 401(K) PLAN · NEEDHAM, MA · plan year 2024

Reported admin expense ratio · 2024
1.00%

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

Evolved by Nature, Inc. reported $72,657 in plan administrative expenses for 2024: 1.00% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,634 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 has held roughly steady near 1.00%. 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 Massachusetts (2,053rd of 2,726), and 3,049th of 5,215 in retail trade. In 2024, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,974,688
Participants with balances131
Active participants86
Employer contributions$570,536
Employee contributions$987,620
Employer contribution per active participant$6,634
Average account balance$60,875
Benefits paid to participants$1,050,120
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.0M · 131 accts · $571K emplr
2023$6.5M · 139 accts · $601K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$72,657
Total administrative$72,657
The Evolved by Nature, Inc. 401(k) match · 2024
Employer contribution per active participant$6,634
Median for plans this size$1,313
2024$6,634 per active participant
2023$6,324 per active participant

Evolved by Nature, Inc.'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$72,657

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

Administrative cost history2
2024$72,657 · 1.00%
2023$53,854 · 0.98%
Similar plansRetail Trade · Massachusetts
Hydrow, Inc. MA$8.1M · 0.76%
Best Chevrolet, Inc. MA$8.1M · 0.59%
Sentry Ford Lincoln, Inc. MA$7.7M · 0.29%
Mahoney's Rocky Ledge LLC MA$6.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462439770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.