Plan Ledger DOL Form 5500 · updated monthly

Asc401(k)

ASCENTEC ENGINEERING 401(K) PLAN · TUALATIN, OR · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Asc reported $2,864 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $829 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.031% to 0.029%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (519th of 1,021), and 8,352nd of 13,661 in manufacturing. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 294 to 377 since 2022.

Plan summary
Net assets, end of year$11,037,250
Participants with balances267
Active participants377
Employer contributions$312,704
Employee contributions$644,326
Employer contribution per active participant$829
Average account balance$41,338
Benefits paid to participants$260,047
Plan auditUnmodified (clean) audit opinion
AuditorDELAP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 267 accts · $313K emplr
2023$8.7M · 222 accts · $304K emplr
2022$7.0M · 234 accts · $329K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,864
Total administrative$2,864
The Asc 401(k) match · 2024
Employer contribution per active participant$829
Median for plans this size$1,313
2024$829 per active participant
2023$1,262 per active participant
2022$1,119 per active participant

Asc's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$2,864

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$2,864 · 0.03%
2023$3,705 · 0.05%
2022$2,220 · 0.03%
Same employer
Similar plansManufacturing · Oregon
Davis Tool, Inc. OR$12.1M · 0.01%
Signature Graphics, Inc. OR$11.7M · 0.00%
Dci International, LLC OR$11.4M · 0.65%
Frank Lumber Co., Inc. OR$11.2M · 0.40%
Cascade Wood Products Inc. OR$10.9M · 0.23%
Ess Tech, Inc OR$10.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931314519 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.