Plan Snapshot
- Plan Sponsor: Evolve Ip, LLC
- Sponsor EIN: 208562435
- Sponsor Address: 989 OLD EAGLE SCHOOL ROAD, WAYNE, PA, 19087
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 141 | $0 | $127,268 | $1.1M |
| 2023 | 210 | $11.0M | $165,453 | $1.2M |
| 2022 | 240 | $9.7M | $112,560 | $1.3M |
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 |
|---|---|---|---|---|
| KATHMERE CAPITAL MGMT LLC | INVESTMENT ADV, OTHER | $34,748 | — | $34,748 |
| EMPOWER ANNUITY INSURANCE CO OF AM | RECORD KEEPER | $30,589 | — | $30,589 |
| DCS RETIRE INC. | CONTRACT ADMIN | $1,648 | $10,000 | $11,648 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $7,981 | — | $7,981 |
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $84,966
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 | $75,388 | — | $75,388 | — | — |
| 2023 | $63,469 | — | $63,469 | — | — |
| 2022 | $81,039 | — | — | — | $81,039 |