Plan Ledger DOL Form 5500 · updated monthly

Benchmade Knife Co., Inc.401(k)

BENCHMADE KNIFE CO., INC. PROFIT SHARING PLAN · OREGON CITY, OR · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Benchmade Knife Co., Inc. reported $10,338 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,454 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 0.05% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 311th-largest of 1,021 plans among Oregon employers on file, and the 4,986th of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,043,637
Participants with balances399
Active participants390
Employer contributions$956,967
Employee contributions$1,964,716
Employer contribution per active participant$2,454
Average account balance$65,272
Benefits paid to participants$1,694,974
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 399 accts · $957K emplr
2023$21.5M · 405 accts · $906K emplr
2022$16.3M · 397 accts · $871K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,338
Total administrative$10,338
The Benchmade Knife Co., Inc. 401(k) match · 2024
Employer contribution per active participant$2,454
Median for plans this size$2,416
2024$2,454 per active participant
2023$2,254 per active participant
2022$2,150 per active participant

Benchmade Knife Co., Inc.'s 2024 employer contribution ran above the $2,416 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$63,094

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$10,338 · 0.04%
2023$14,375 · 0.08%
2022$8,759 · 0.05%
Same employer
Similar plansManufacturing · Oregon
Bruce Packing Co., Inc. OR$28.4M · 0.50%
Freres Lumber Co., Inc. OR$28.0M · 0.16%
Kai USA LTD OR$24.0M · 0.06%
Nexgen Team, LLC OR$23.8M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954136880 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.