Everspring 401(K) Plan — Form 5500 plan (Everspring, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Everspring 401(K) Plan is a benefit plan reported by Everspring, Inc. under EIN 45-3277862 and plan number 001. The latest loaded filing year is 2023. The filing reports 200 participants and $7,141,032 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$7.1MPlan net assets, end of year$7,141,032
Participants200Covered participants reported
Assets / participant$35.7KComputed: assets ÷ participants$35,705 (computed)
Provider compensation$54.1K3 Schedule C provider row(s)$54,083
- Plan sponsor
- Everspring, Inc.
- EIN
- 45-3277862
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 200 | H, C | 20241014130041NAL0027336209001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$7.1M total assets
Net assets$7.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $7,141,032
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,141,032
- Net assets (BOY)
- $4,829,888
Income & contributions
- Employer contributions
- $571,250
- Participant contributions
- $1,090,154
- Total contributions
- $1,698,295
- Total income / additions
- $2,722,866
Expenses & distributions
- Benefits paid
- $357,639
- Administrative expenses
- $54,083
- Total expenses
- $411,722
- Net increase / (decrease)
- $2,311,144
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
34%66%
Employer 34%Participant 66%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income13%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alliant Insurance Services Inc Dba | INVESTMENT ADVISOR | $28,345 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $19,138 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $6,600 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Everspring, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Alliant Insurance Services Inc Dba — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation