Plan Ledger DOL Form 5500 · updated monthly

L.G. Everist, Incorporated401(k)

L. G. EVERIST, INC. 401(K) PLAN · SIOUX FALLS, SD · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

L.G. Everist, Incorporated reported $75,613 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $2,204 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 0.229%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 58th-largest of 233 plans among South Dakota employers on file, and the 226th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,690,651
Participants with balances468
Active participants414
Employer contributions$912,424
Employee contributions$2,047,982
Employer contribution per active participant$2,204
Average account balance$74,125
Benefits paid to participants$4,975,613
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.7M · 468 accts · $912K emplr
2023$31.4M · 459 accts · $777K emplr
2022$27.3M · 458 accts · $788K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,513
Investment management$63,100
Total administrative$75,613
The L.G. Everist, Incorporated 401(k) match · 2024
Employer contribution per active participant$2,204
Median for plans this size$2,416
2024$2,204 per active participant
2023$1,957 per active participant
2022$1,922 per active participant

L.G. Everist, Incorporated'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
EDWARD JONES · Investment advisory (plan)$63,100
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$12,513

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$75,613 · 0.23%
2023$66,273 · 0.23%
2022$70,871 · 0.23%
Same employer
Similar plansMining, Oil & Gas Extraction · South Dakota
Pete Lien & Sons, Inc. SD$57.3M · 0.21%
Qb Energy Management, LLC CO$36.9M · 0.42%
Magris Talc USA, Inc. DE$35.7M · 0.41%
Rees-Jones Holdings LLC TX$35.1M · 0.32%
Caerus Operating LLC CO$34.6M · 0.39%
Eagle Mine LLC MI$34.2M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460229601 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.