Plan Ledger DOL Form 5500 · updated monthly

Evs, Inc.401(k)

EVS, INC. 401(K) AND PROFIT SHARING PLAN · EDEN PRAIRIE, MN · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Evs, Inc. reported $67,544 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,307 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 0.67% to 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 Minnesota (1,196th of 1,918), and 7,382nd of 11,654 in professional & technical services. In 2024, employees put in $3.77 for every $1.00 the employer contributed; active participation has grown from 130 to 178 since 2022.

Plan summary
Net assets, end of year$12,040,093
Participants with balances184
Active participants178
Employer contributions$410,693
Employee contributions$1,549,880
Employer contribution per active participant$2,307
Average account balance$65,435
Benefits paid to participants$865,808
Plan auditUnmodified (clean) audit opinion
AuditorBOULAY
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 184 accts · $411K emplr
2023$9.2M · 176 accts · $277K emplr
2022$6.9M · 145 accts · $213K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,749
Investment management$46,795
Total administrative$67,544
The Evs, Inc. 401(k) match · 2024
Employer contribution per active participant$2,307
Median for plans this size$2,416
2024$2,307 per active participant
2023$1,788 per active participant
2022$1,635 per active participant

Evs, Inc.'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
CHRISTENSEN GROUP FINANCIAL LLC · Investment advisory (plan)$46,795

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$67,544 · 0.64%
2023$53,415 · 0.66%
2022$47,040 · 0.67%
Same employer
Similar plansProfessional & Technical Services · Minnesota
Novus Media LLC MN$13.3M · 0.56%
Columbus US, Inc. MN$12.7M · 0.35%
SPACE150 MN$12.4M · 0.32%
Gurstel Law Firm P.C. MN$12.2M · 0.88%
Cvrx, Inc. MN$11.7M · 0.45%
Logic Information Systems MN$11.4M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411363363 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.