Plan Snapshot
- Plan Sponsor: Evans Components INC
- Sponsor EIN: 931300178
- Sponsor Address: 7606 SW BRIDGEPORT ROAD, PORTLAND, OR, 97224
- Plan Type: 401(k)
- Total Participants: 157
- Total Assets: $6.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 157 | $6.3M | $279,158 | $938,682 |
| 2023 | 157 | $5.4M | $241,629 | $757,004 |
| 2022 | 134 | $4.1M | $191,491 | $606,859 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $33,540 | — | $33,540 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $13,483 | $8 | $13,491 |
| VERITY ACCOUNTANCY P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- VERITY ACCOUNTANCY P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $47,031
- Estimated Expense Ratio: 0.749% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $47,024 | $39,334 | — | — | — |
| 2023 | $49,879 | $21,688 | — | — | — |
| 2022 | $38,366 | — | — | — | — |