Plan Ledger DOL Form 5500 · updated monthly

Ian, Evan & Alexander Corporation401(k)

EVERWATCH 401(K) PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Ian, Evan & Alexander Corporation reported $8,244 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $19,481 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 0.03% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 292nd-largest of 2,266 plans among Virginia employers on file, and the 1,553rd of 11,654 in professional & technical services. In 2024, the employer put in $1.24 for every $1.00 employees contributed themselves; active participation has shrunk from 422 to 243 since 2022.

Plan summary
Net assets, end of year$97,551,309
Participants with balances592
Active participants243
Employer contributions$4,733,914
Employee contributions$3,822,806
Employer contribution per active participant$19,481
Average account balance$164,783
Benefits paid to participants$14,044,645
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$97.6M · 592 accts · $4.7M emplr
2023$88.2M · 731 accts · $5.6M emplr
2022$71.2M · 752 accts · $6.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$300
Total administrative$8,244
The Ian, Evan & Alexander Corporation 401(k) match · 2024
Employer contribution per active participant$19,481
Median for plans this size$3,635
2024$19,481 per active participant
2023$15,348 per active participant
2022$15,448 per active participant

Ian, Evan & Alexander Corporation's 2024 employer contribution ran above the $3,635 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$8,244 · 0.01%
2023$8,513 · 0.01%
2022$20,416 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Virginia
Cydecor, Inc. VA$101.1M · 0.13%
Fts International, LLC VA$100.9M · 0.07%
Wiley & Wilson, Inc. VA$97.7M · 0.16%
Actionet, Inc. VA$96.7M · 0.24%
Willcox & Savage, P.C. VA$93.0M · 0.04%
Hydrogeologic, Inc. VA$92.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841599429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.