Plan Ledger DOL Form 5500 · updated monthly

Bowtech, LLC401(k)

BOWTECH, LLC 401-K PLAN · EUGENE, OR · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Bowtech, LLC reported $24,491 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $1,583 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 0.77% to 0.46%. 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 (720th of 1,021), and 10,835th of 13,661 in manufacturing. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has shrunk from 131 to 114 since 2022.

Plan summary
Net assets, end of year$5,735,162
Participants with balances170
Active participants114
Employer contributions$180,406
Employee contributions$440,807
Employer contribution per active participant$1,583
Average account balance$33,736
Benefits paid to participants$513,158
Plan auditUnmodified (clean) audit opinion
AuditorDELAP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.7M · 170 accts · $180K emplr
2023$5.0M · 183 accts · $196K emplr
2022$4.0M · 210 accts · $229K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,491
Total administrative$24,491
The Bowtech, LLC 401(k) match · 2024
Employer contribution per active participant$1,583
Median for plans this size$1,313
2024$1,583 per active participant
2023$1,762 per active participant
2022$1,750 per active participant

Bowtech, LLC's 2024 employer contribution ran above 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
ADP, INC. · Loan processing · Recordkeeping$24,491

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

Recordkeeper by year2
2024ADP
2023ADP

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Administrative cost history3
2024$24,491 · 0.46%
2023$26,942 · 0.60%
2022$32,784 · 0.77%
Same employer
Similar plansManufacturing · Oregon
Oregon Brewing Company OR$5.9M · 0.37%
King Retail Solutions OR$5.8M · 0.90%
Full Sail Brewing Company OR$5.7M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 883360192 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.