Plan Snapshot
- Plan Sponsor: Everidge, INC.
- Sponsor EIN: 203688273
- Sponsor Address: 15600 37TH AVENUE N, #100, PLYMOUTH, MN, 55446
- Plan Type: 401(k)
- Total Participants: 498
- Total Assets: $19.2M
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 | 498 | $19.2M | $493,446 | $1.5M |
| 2023 | 508 | $16.1M | $429,716 | $1.4M |
| 2022 | 490 | $12.9M | $341,867 | $1.2M |
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 |
|---|---|---|---|---|
| ABDO, LLP | Auditor | $9,500 | — | $9,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,500
- Estimated Expense Ratio: 0.050% 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 | $120,149 | $42,870 | — | $9,500 | — |
| 2023 | $78,781 | — | $78,781 | — | — |
| 2022 | $31,138 | — | — | — | $31,138 |