Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees, Cic-Forest Products Retirement TrProfit-sharing plan

CIC DEFINED CONTRIBUTION RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.53%

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

Board of Trustees, Cic-Forest Products Retirement Tr reported $448,824 in plan administrative expenses for 2024: 0.53% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,262 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 has held roughly steady near 0.53%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is the 210th-largest of 1,714 plans among Washington employers on file, and the 54th of 945 in agriculture, forestry & fishing. active participation has shrunk from 1,560 to 1,368 since 2022.

Plan summary
Net assets, end of year$86,332,412
Participants with balances3,787
Active participants1,368
Employer contributions$3,094,845
Employee contributions—
Employer contribution per active participant$2,262
Average account balance$22,797
Benefits paid to participants$5,822,134
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$86.3M · 3,787 accts · $3.1M emplr
2023$81.8M · 3,859 accts · $2.9M emplr
2022$73.8M · 4,087 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$315,360
Investment management$16,000
Audit (IQPA)$20,800
Trustee / custodial$20,794
Total administrative$448,824
Employer contributions to the Board of Trustees, Cic-Forest Products Retirement Tr plan · 2024
Employer contribution per active participant$2,262
Median for plans this size$3,635
2024$2,262 per active participant
2023$2,087 per active participant
2022$1,968 per active participant

Board of Trustees, Cic-Forest Products Retirement Tr's 2024 employer contribution ran below the $3,635 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 · 20247
NORTHWEST ADMINISTRATORS INC · Contract administrator$298,394
MILLER KAPLAN ARASE LLP · Accounting / audit$37,766
TRUCKER HUSS, APC · Legal$28,692
RVK, INC. · Consulting$16,000
PRINCIPAL CUSTODY SOLUTIONS · Custodial (securities)$13,905
VIGILANT SERVICES, INC. · Trustee (discretionary)$10,500
WELLS FARGO BANK, N.A. · Custodial$6,889

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

Administrative cost history3
2024$448,824 · 0.53%
2023$424,725 · 0.55%
2022$458,901 · 0.56%
Similar plansAgriculture, Forestry & Fishing · Washington
Pure Fishing, Inc SC$89.0M · 0.17%
Wm. Bolthouse Farms, Inc. CA$89.0M · 0.29%
Team Brandt, LLC IL$88.0M · 0.03%
Taconic Biosciences, Inc. NY$85.6M · 0.19%
Bailey Nurseries, Inc. MN$84.1M · 0.11%
Citrus World, Inc. FL$83.5M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 456909074 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.