Plan Ledger DOL Form 5500 · updated monthly

Claw Forestry Services, LLC401(k)

CLAW/SOUTHEASTERN TIMBER 401(K) SAVINGS PLAN · JACKSON, MS · plan year 2023

Reported admin expense ratio · 2023
1.17%

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

Claw Forestry Services, LLC reported $51,145 in plan administrative expenses for 2023: 1.17% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,127 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 1.02% to 0.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Mississippi (236th of 367), and 11,158th of 13,661 in manufacturing. In 2023, employees put in $2.70 for every $1.00 the employer contributed; active participation has shrunk from 355 to 280 since 2022.

Plan summary
Net assets, end of year$5,075,236
Participants with balances261
Active participants280
Employer contributions$315,629
Employee contributions$853,702
Employer contribution per active participant$1,127
Average account balance$19,445
Benefits paid to participants$660,201
Plan auditUnmodified (clean) audit opinion
AuditorHORNE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 144 accts · $199K emplr
2023$5.1M · 261 accts · $316K emplr
2022$3.7M · 221 accts · $273K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$28,977
Investment management$22,168
Total administrative$51,145
The Claw Forestry Services, LLC 401(k) match · 2023
Employer contribution per active participant$1,127
Median for plans this size$1,308
2024$1,464 per active participant
2023$1,127 per active participant
2022$770 per active participant

Claw Forestry Services, LLC's 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MWG RETIREMENT PLAN SERVICES · Contract administrator · Recordkeeping$23,875
BALLEW ADVISORS · Investment advisory (participants) · Investment advisory (plan)$22,168

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

Recordkeeper by year2
2024MWG RETIREMENT PLAN SERVICES
2023MWG RETIREMENT PLAN SERVICES

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

Administrative cost history3
2024$37,180 · 0.80%
2023$51,145 · 1.17%
2022$40,380 · 1.02%
Similar plansManufacturing · Mississippi
Corinthian, Inc. MS$6.4M · 0.70%
Steel Service Corporation MS$4.7M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640931698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.