Plan Ledger DOL Form 5500 · updated monthly

Bridgetown Natural Foods, LLC401(k)

BRIDGETOWN NATURAL FOODS 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Bridgetown Natural Foods, LLC reported $49,857 in plan administrative expenses for 2024: 0.70% of average plan assets, above the peer median. Employer contributions averaged $1,036 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 0.70%. 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 (619th of 1,021), and 9,597th of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 346 to 440 since 2022.

Plan summary
Net assets, end of year$8,158,906
Participants with balances228
Active participants440
Employer contributions$455,744
Employee contributions$1,102,375
Employer contribution per active participant$1,036
Average account balance$35,785
Benefits paid to participants$837,396
Plan auditUnmodified (clean) audit opinion
AuditorDOUGALL CONRADIE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 228 accts · $456K emplr
2023$6.1M · 201 accts · $413K emplr
2022$4.0M · 167 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,007
Investment management$17,350
Total administrative$49,857
The Bridgetown Natural Foods, LLC 401(k) match · 2024
Employer contribution per active participant$1,036
Median for plans this size$1,313
2024$1,036 per active participant
2023$1,122 per active participant
2022$888 per active participant

Bridgetown Natural Foods, LLC'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 · 20243
JOHN HANCOCK LIFE INSURANCE · Recordkeeping · Investment management$1,950
RAYMOND JAMES FINANCIAL · Investment advisory (participants)$17,350
PENSION PLAN SPECIALISTS, PC · Other services$9,077

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$49,857 · 0.70%
2023$35,754 · 0.71%
2022$29,700 · 0.77%
Same employer
Similar plansManufacturing · Oregon
Microtec Inc OR$8.8M · 0.21%
Douglas County, Inc. OR$8.8M · 0.48%
Vips Industries Inc OR$8.1M · 0.55%
Darex, LLC OR$8.0M · 0.45%
Sawstop, LLC OR$8.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262845975 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.