Plan Snapshot
- Plan Sponsor: Evs Metal
- Sponsor EIN: 223264491
- Sponsor Address: 1 KENNER COURT, RIVERDALE, NJ, 074571500
- Plan Type: 401(k)
- Total Participants: 256
- Total Assets: $15.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 256 | $15.0M | $117,047 | $670,088 |
| 2023 | 242 | $13.5M | $155,974 | $502,218 |
| 2022 | 239 | $12.0M | $175,468 | $581,207 |
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 |
|---|---|---|---|---|
| COMMONWEALTH EQUITY SERVICES LLC DB | Investment Advisor | $35,609 | — | $35,609 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $24,269 | — | $24,269 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,878
- Estimated Expense Ratio: 0.400% 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 | $62,199 | $37,867 | — | — | — |
| 2023 | $53,338 | $32,142 | — | — | — |
| 2022 | $55,818 | $14,202 | $41,616 | — | — |