Plan Ledger DOL Form 5500 · updated monthly

Bank of the Pacific401(k)

BANK OF THE PACIFIC 401(K) PLAN · ABERDEEN, WA · plan year 2025

Reported admin expense ratio · 2025
0.39%

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

Bank of the Pacific reported $93,613 in plan administrative expenses for 2025: 0.39% of average plan assets, above the peer median. Employer contributions averaged $3,589 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 3 years on file its reported administrative ratio fell from 0.44% to 0.39%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is the 589th-largest of 1,714 plans among Washington employers on file, and 2,670th of 4,798 in finance & insurance. In 2025, employees put in $2.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,442,185
Participants with balances252
Active participants204
Employer contributions$732,107
Employee contributions$1,544,083
Employer contribution per active participant$3,589
Average account balance$100,961
Benefits paid to participants$2,419,684
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$25.4M · 252 accts · $732K emplr
2024$22.7M · 264 accts · $827K emplr
2023$20.2M · 259 accts · $694K emplr
2022$18.8M · 266 accts · $734K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$52,362
Investment management$41,251
Total administrative$93,613
The Bank of the Pacific 401(k) match · 2025
Employer contribution per active participant$3,589
Median for plans this size$2,666
2025$3,589 per active participant
2024$4,092 per active participant
2023$3,228 per active participant
2022$3,530 per active participant

Bank of the Pacific's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$52,362
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$41,251

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

Administrative cost history4
2025$93,613 · 0.39%
2024$86,204 · 0.40%
2023$75,303 · 0.39%
2022$90,818 · 0.44%
Same employer
Similar plansFinance & Insurance · Washington
Moneytree, Inc. WA$30.0M · 0.43%
Hapo Community Credit Union WA$29.7M · 0.55%
Riverview Bancorp, Inc. WA$27.2M · 0.37%
Seattle Bank WA$21.1M · 0.35%
First Fed Bank WA$20.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911069728 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.