401k Record

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Evergy 401(k)

Recordkeeping fees per participant · Evergy, Inc. 401(k) Savings Plan · plan year 2024

$65.87

Higher than 94% of the 790 plans over $1B that report it.

Source

= $393,772 / 5,978
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630200602NAL0016946048001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630200602NAL0016946048001, received 2025-06-30

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-06-30.

Cost and contributions

Administrative expenses excluding investment management, per participant

$66.42

10th: $9.43median $44.4790th: $97.55

Higher than 77% of the 1,045 plans over $1B that report it.

Source

= $397,072 / 5,978
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630200602NAL0016946048001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630200602NAL0016946048001, received 2025-06-30

Administrative expenses per participant

$201.19

10th: $24.33median $70.0390th: $174.36

Higher than 92% of the 1,076 plans over $1B that report it.

Source

= $1,202,720 / 5,978
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630200602NAL0016946048001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630200602NAL0016946048001, received 2025-06-30

Administrative expenses as a share of assets

0.080%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 79% of the 1,076 plans over $1B that report it.

Source

= $1,202,720 / $1,495,607,941
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630200602NAL0016946048001, received 2025-06-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630200602NAL0016946048001, received 2025-06-30

Employer contributions per participant

$4,457

10th: $1,442median $3,74490th: $8,760

Higher than 61% of the 1,135 plans over $1B that report it.

Source

= $26,642,738 / 5,978
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630200602NAL0016946048001, received 2025-06-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630200602NAL0016946048001, received 2025-06-30

Employer share of total contributions

30.2%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 40% of the 1,135 plans over $1B that report it.

Source

= $26,642,738 / $88,146,667
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630200602NAL0016946048001, received 2025-06-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630200602NAL0016946048001, received 2025-06-30

Plan terms, as stated in Evergy, Inc.'s SEC filings

Employer match

“Contributions made by Cash Balance Matching Program participants, EKC Original Savings Employees and Wolf Creek Savings Employees up to the first 6% of eligible earnings, as defined by the Plan, are matched 75% by the Company.”

Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, contributions · source document

Vesting

“Participants are vested immediately in their elective contributions, Company matching contributions and actual earnings thereon.”

Form 11-K filed 2026-06-18, for the year ended 2025-12-31 · plan description note, vesting · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250630200602NAL0016946048001, received 2025-06-30

Full record, Evergy, Inc. 401(k) Savings Plan

FieldValueSource
Plan sponsorEVERGY, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250630200602NAL0016946048001, received 2025-06-30
Plan nameEVERGY, INC. 401K SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250630200602NAL0016946048001, received 2025-06-30
Sponsor EIN / plan number82-2733395 / 006Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250630200602NAL0016946048001, received 2025-06-30
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250630200602NAL0016946048001, received 2025-06-30
Sponsor locationKANSAS CITY, MOForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250630200602NAL0016946048001, received 2025-06-30
Industry (business code)221100, UtilitiesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250630200602NAL0016946048001, received 2025-06-30
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250630200602NAL0016946048001, received 2025-06-30
Filing received2025-06-30Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250630200602NAL0016946048001, received 2025-06-30
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250630200602NAL0016946048001, received 2025-06-30
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250630200602NAL0016946048001, received 2025-06-30
Participants, beginning of year6,047Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250630200602NAL0016946048001, received 2025-06-30
Active participants4,722Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250630200602NAL0016946048001, received 2025-06-30
Participants, end of year6,003Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250630200602NAL0016946048001, received 2025-06-30
Participants with an account balance5,978Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250630200602NAL0016946048001, received 2025-06-30
Total assets, beginning of year$1,336,372,818Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250630200602NAL0016946048001, received 2025-06-30
Total assets, end of year$1,495,607,941Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250630200602NAL0016946048001, received 2025-06-30
Net assets, end of year$1,495,607,941Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250630200602NAL0016946048001, received 2025-06-30
Total income$268,960,751Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250630200602NAL0016946048001, received 2025-06-30
Net income$159,235,123Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250630200602NAL0016946048001, received 2025-06-30
Employer contributions$26,642,738Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250630200602NAL0016946048001, received 2025-06-30
Participant contributions$57,978,735Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250630200602NAL0016946048001, received 2025-06-30
Other contributions (incl. rollovers)$3,525,194Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250630200602NAL0016946048001, received 2025-06-30
Total contributions$88,146,667Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250630200602NAL0016946048001, received 2025-06-30
Benefit payments$108,521,506Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250630200602NAL0016946048001, received 2025-06-30
Total expenses (incl. benefit payments)$109,725,628Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250630200602NAL0016946048001, received 2025-06-30
Total administrative expenses$1,202,720Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250630200602NAL0016946048001, received 2025-06-30
Recordkeeping fees$393,772Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250630200602NAL0016946048001, received 2025-06-30
Investment advisory and management fees$805,648Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250630200602NAL0016946048001, received 2025-06-30
Administrative expenses excluding investment management$397,072derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250630200602NAL0016946048001, received 2025-06-30
Held in common/collective trusts$1,279,048,131Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250630200602NAL0016946048001, received 2025-06-30
Held in mutual funds$99,484,965Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250630200602NAL0016946048001, received 2025-06-30
Independent auditorCBIZ CPAS P.C.Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250630200602NAL0016946048001, received 2025-06-30

Position = column in the DOL layout for form year 2024. Filing 20250630200602NAL0016946048001, received 2025-06-30.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
EMPOWER ADVISORY GROUP LLCNONE 27 Investment advisory (plan); 50 Direct payment from the plan $723,286no
EMPOWER ANNUITY INSURANCE COMPANY OrecordkeeperNONE 64 Recordkeeping fees; 37 Participant loan processing; 50 Direct payment from the plan; 56 Non-monetary compensation; 59 Shareholder servicing fees $393,772yes
SAGEVIEW ADVISORY GROUP LLCNONE 27 Investment advisory (plan); 50 Direct payment from the plan $82,362no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250630200602NAL0016946048001, received 2025-06-30.

What changed since the 2023 plan year

Figure20232024Change
Total assets$1,336,372,818$1,495,607,94111.9%
Participants with a balance6,0085,978-0.5%
Administrative expenses$1,124,733$1,202,7206.9%
Recordkeeping fees per participant$62.04$65.876.2%
Employer contributions$23,903,844$26,642,73811.5%

Prior filing 20240627074615NAL0014032160001, received 2024-06-27; the plan years are contiguous.

Alerts, claims and corrections

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Sponsor name as filed: EVERGY, INC.; SEC registrant: Evergy, Inc. (CIK 1711269, matched by EIN; display name from the Form 11-K cover).