Plan Ledger DOL Form 5500 · updated monthly

Bridgewell Resources LLC401(k)

BRIDGEWELL RESOURCES LLC 401(K) SAVINGS PLAN · LAKE OSWEGO, OR · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Bridgewell Resources LLC reported $17,214 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,030 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 0.10% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 325th-largest of 1,021 plans among Oregon employers on file, and the 1,603rd of 4,246 in wholesale trade. In 2024, employees put in $6.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,562,609
Participants with balances170
Active participants124
Employer contributions$251,659
Employee contributions$1,678,390
Employer contribution per active participant$2,030
Average account balance$144,486
Benefits paid to participants$588,310
Plan auditUnmodified (clean) audit opinion
AuditorDELAP LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.6M · 170 accts · $252K emplr
2023$20.6M · 170 accts · $254K emplr
2022$18.1M · 172 accts · $254K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,580
Investment management$5,634
Total administrative$17,214
The Bridgewell Resources LLC 401(k) match · 2024
Employer contribution per active participant$2,030
Median for plans this size$2,416
2024$2,030 per active participant
2023$2,080 per active participant
2022$2,050 per active participant

Bridgewell Resources LLC's 2024 employer contribution ran below 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 · 20242
MILLIMAN · Recordkeeping · Consulting$11,580
MATRIX TRUST COMPANY · Custodial (securities) · Trustee (directed)$5,634

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$17,214 · 0.08%
2023$10,108 · 0.05%
2022$19,964 · 0.10%
Same employer
Similar plansWholesale Trade · Oregon
Walter E. Nelson Company OR$29.2M · 0.20%
Western Partitions, Inc. OR$26.0M · 0.15%
Dr. Martens OR$23.7M · 0.26%
Pacific Coast Fruit Company OR$22.3M · 0.71%
Rm Distributors, LLC OR$21.9M · 0.04%
Z&Z Holding Company, Inc. OR$20.5M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271753515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.