Evolve Ip, LLC 401(k) Plan
Evolve Ip, LLC · Wayne, PA · EIN 208562435 · Plan 001 · Form 5500 for plan year 2024
What Evolve Ip put into the plan, per active participant
$903
Evolve Ip, LLC put $903 into this plan for each of its 141 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
The plan reported $0 of assets at the end of the year, so it held nothing by the time the year closed. What a plan pays over a year like that is not what it costs to run one, so this figure is printed as the filing states it and is given no standing among plans that still held assets.
What this figure cannot separate: how much Evolve Ip pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL June 16, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
$259.96
The plan paid $259.96 per participant in plan-paid administrative expenses in plan year 2024.
The plan reported $0 of assets at the end of the year, so it held nothing by the time the year closed. What a plan pays over a year like that is not what it costs to run one, so this figure is printed as the filing states it and is given no standing among plans that still held assets.
What this figure counts, and what it leaves out
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
Not scored
The plan reported $0 of assets at the end of the year, so it held nothing by the time the year closed. The score is a standing among plans that were still running, so this filing takes none.
The amounts this filing does report stay above, printed as the filing states them. Nothing is filled in from an average, from another year or from another plan.
What the score would read, on a plan that was still running at the end of the year: Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
On this page: where the match terms are stated · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What Evolve Ip puts in
Not in public filings for this employer
We have no SEC Form 11-K for this employer, and the Form 5500 this page is built from does not report match terms.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Empower ↗.
What you contribute to collect all of it
Not in public filings for this employer
The rate that collects the full match is part of the match formula, which a Form 5500 does not report.
Vesting score
Not scored
The vesting schedule is stated in a Form 11-K, and we have none for this employer.
A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.
What the plan costs, against plans of its size
Not ranked
The plan reported $0 of assets at the end of the year, so it held nothing by the time the year closed. What a plan pays over a year like that is not what it costs to run one, so this figure is printed as the filing states it and is given no standing among plans that still held assets.
What to check next
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Empower ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $0 |
|---|---|
| Net assets | $0 |
| Participants, beginning of year | 290 |
| Of which active | 141 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 100–499 participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $1,050,017. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 11% |
Plan-paid administrative expenses
The plan paid $75,388 in administrative expenses in plan year 2024, across 290 participants: $259.96 per participant.
| Contract administrator fees | $75,388 |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | not reported in filing |
| Other administrative fees | not reported in filing |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 100–499 participant cohort, where the median plan pays $156.87 per participant. The sponsor files from Pennsylvania, one of 2,692 plans on file there, at a median of $127.89 per participant. Its business code places the plan at law, consulting and engineering firms, one of 7,635 on file, which run to a median of $152.18.
Plans of a similar size in Pennsylvania
| Plan | Participants | Cost per participant |
|---|---|---|
| Eam-Mosca Corporation 401(k) PlanEam-Mosca Corporation | 290 | $286.27 |
| Gooding Group, LLC 401(k) Retirement PlanGooding Group, LLC | 290 | $370.31 |
| The Philadelphia Zoo 401(k) Retirement Savings PlanZoological Society Of Philadelphia | 290 | $11.60 |
| Navmar Applied Sciences Corporation 401(k) Profit Sharing PlanNavmar Applied Sciences Corporation | 290 | $359.49 |
Service providers (Schedule C)
Recordkeeper: Empower (as filed: “EMPOWER ANNUITY INSURANCE CO OF AM”)
7,876 plans on file name Empower as their recordkeeper, at a median of $165.69 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Kathmere Capital Mgmt LLC | 27 | 34,748 | not reported |
| Empower Annuity Insurance Co Of Am | 64 | 30,589 | 0 |
| Dcs Retire Inc. | 13 | 1,648 | 10,000 |
| Empower Advisory Group, LLC | 28 | 7,981 | not reported |
| Dorsa Consulting Services | 13 | -4,150 | 5,000 |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20250616110838NAL0000461379001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "Evolve Ip, LLC 401(k) Plan: Form 5500 facts", from DOL EFAST2 filing 20250616110838NAL0000461379001, plan year ended December 31, 2024.