Eviden 401(k) Review & Grade
Eviden 401(k) Savings Plan
Irving, TXProfessional, Scientific & Technical Services977 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$2,246Employer $ per active participant
$9,488Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$139.6MNet plan assets, end of year
$129,287Average balance per account
Score breakdown
- Employer generosity18.4 / 5037th percentile for employer $ per participant
- Low cost17.2 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving8.1 / 1554th percentile for employee $ per participant
- Plan features7 / 10Auto-enrollment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 37th |
| Lower admin cost | 69th |
| Employee saving | 54th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Auditor concern: the independent auditor gave a qualified or adverse opinion.
Corrective distributions: the plan refunded $2,566 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Eviden put in about $2,246 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,194,385 |
| Participant (employee) contributions | $9,269,472 |
| Other contributions (incl. rollovers in) | $1,147,013 |
| Administrative expenses paid from the plan | $155,193 |
| Contract administrator fees | $3,675 |
| Investment advisory & management fees | $75,334 |
| Other admin expenses | $4,421 |
| Benefits paid out | $15,692,137 |
| Net assets, start / end of year | $112.9M / $139.6M |
| Active participants, start / end of year | 1,070 / 884 |
| Participants with account balances | 1,080 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Harper & Pearson Company, P.C. |
Largest service providers (Schedule C)
| Voya Retirement Advisors, LLC | $75,334 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010094129NAL0012746352001, received 2025-10-10, EIN 88-4399707, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.