401(k) · DOL Form 5500 · 2023

Evolve Services, Inc. 401(k) Plan

Data updated 2026-08-25

$1M
Total assets Small plan by assets
8
Participants Small participant base
26th
Percentile by assets National rank
$161,114
Avg per participant Above avg balance/head
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Official DOL plan name: Evolve Services, Inc. 401(k) Plan · Sponsored by Evolve Services, Inc. · Arizona · Manufacturing

$1M in assets, 8 participants

Evolve Services, Inc.'s Evolve Services, Inc. 401(k) Plan reported $1M in total assets and 8 participants in its 2023 DOL Form 5500 filing, ranking in the 26th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,184 in Manufacturing (18,722 peers)

2023 asset change

Evolve Services, Inc. 401(k) Plan contracted severely 40.8% in 2023 ($2M → $1M) for 8 participants.

#2,184
in Manufacturing (18,722 peers)
-40.8%
assets change YoY

The plan reported a net loss of $888K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Evolve Services, Inc. 401(k) Plan among the smaller filed plans by assets

Evolve Services, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,288,914 26th percentile higher than 26% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Evolve Services, Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Evolve Services, Inc. 401(k) Plan is a micro filing (8 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Evolve Services, Inc. 401(k) Plan reported net income fell from $555K in the plan year 2022 filing to -$888K in the plan year 2023 filing.
  • Evolve Services, Inc. 401(k) Plan end-of-year assets fell from $2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Evolve Services, Inc. 401(k) Plan reported participants fell from 11 in the plan year 2022 filing to 8 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 824271849 · Evolve Services, Inc. PY 2023 · 401(k)

Evolve Services, Inc. 401(k) Plan · $1M · 8 · 26th

  • PHOTO $1M
  • PHOTO 8
  • PHOTO 26th
  • PHOTO 401(k)
  • PHOTO near Northwest Physical Therapy, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #2184

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Arizona →

Evolve Services, Inc. 401(k) Plan in the asset neighbourhood

Evolve Services, Inc. 401(k) PlanEvolve Services, Inc. 401(k)…$1MNorthwest Physical Therapy, Inc. 401(k) Profit Sharing PlanNorthwest Physical Therapy, …$1MVerkler, Inc. 401(k) Profit Sharing PlanVerkler, Inc. 401(k) Profit …$1MRobert C. Masi, D.D.S., P.C. Employees' 401(k) Profit Sharing Plan and TrustRobert C. Masi, D.D.S., P.C.…$1MSystem Council #7 IBEW 401 (K) PlanSystem Council #7 IBEW 401 (…$1M
End-of-year total assets ($M) among Evolve Services, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Evolve Services, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Evolve Services, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 8.724023397313424% vs 2022
2024 filing year
$1M$2M$3M$4M$5M 202220232024 $2.18M $1.99M ▼ -8.7%
Year Plans Participants Total Assets
2022 1 11 $2M
2023 3 26 $4M
2024 1 2 $2M

2023 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$1M
Net Income-$888K
Employer EIN824271849
Plan Effective Date2018-01-26
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Arizona

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Evolve Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Evolve Services, Inc. 401(k) Plan, Total assets ($B): 0.001288914 · Participants: 8Evolve Services, Inc. 401(k) PlanBechtel Trust & Thrift Plan, Total assets ($B): 5.691074806 · Participants: 7448Bechtel Trust & Thrift PlanBanner Health Employees 401(k) Plan, Total assets ($B): 4.270882725 · Participants: 52452Banner Health Employees 401(k) PlanRepublic Services, Inc. 401(k) Plan, Total assets ($B): 2.379834679 · Participants: 28131Republic Services, Inc. 401(k) PlanFreeport-Mcmoran Inc. Employee Capital Accumulation Program, Total assets ($B): 2.323111586 · Participants: 13105Freeport-Mcmoran Inc. Employee Capital Accumulation ProgramStantec 401(k) Plan, Total assets ($B): 2.021683156 · Participants: 10719Stantec 401(k) Plan
Evolve Services, Inc. 401(k) Plan vs. nearby 401(k) plans in Arizona, assets vs. participants
Compare Evolve Services, Inc. 401(k) Plan side-by-side with 3 peers →

Evolve Services, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Arizona, the nearest 401(k) by assets is Northwest Physical Therapy, Inc. 401(k) Profit Sharing Plan in PA ($1M); by covered participants it is Burke Optometry, Inc. 401(k) Plan in CA (8 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Evolve Services, Inc. 401(k) Plan assets move in 2023? ▼
Evolve Services, Inc. 401(k) Plan contracted severely - down 40.8% during 2023, from $2M to $1M. Reported net income was -$888K.
How have Evolve Services, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Evolve Services, Inc.'s sponsor-wide assets declined 8.7%, from $2M to $2M.
Which 401(k) plans are similar in size to Evolve Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Northwest Physical Therapy, Inc. 401(k) Profit Sharing Plan in PA ($1M, 5 participants).
Which 401(k) plans cover a similar participant headcount to Evolve Services, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Burke Optometry, Inc. 401(k) Plan in CA (8 participants, $263K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 824271849.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.