Plan Ledger DOL Form 5500 · updated monthly

Clearwater Paper Corporation401(k)

CLEARWATER PAPER 401(K) PLAN · SPOKANE, WA · plan year 2023

Reported admin expense ratio · 2023
0.10%

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

Clearwater Paper Corporation reported $284,096 in plan administrative expenses for 2023: 0.10% of average plan assets, above the peer median. Employer contributions averaged $6,525 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 rose from 0.10% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,601 comparable plans and shown alongside other manufacturing employers. By assets it is the 75th-largest of 1,714 plans among Washington employers on file, and the 859th of 13,661 in manufacturing. In 2023, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$294,425,901
Participants with balances2,502
Active participants1,827
Employer contributions$11,920,726
Employee contributions$13,402,076
Employer contribution per active participant$6,525
Average account balance$117,676
Benefits paid to participants$33,008,161
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$225.8M · 1,659 accts · $12.7M emplr
2023$294.4M · 2,502 accts · $11.9M emplr
2022$254.0M · 2,449 accts · $11.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$130,528
Investment management$90,876
Total administrative$284,096
The Clearwater Paper Corporation 401(k) match · 2023
Employer contribution per active participant$6,525
Median for plans this size$4,362
2024$15,105 per active participant
2023$6,525 per active participant
2022$6,214 per active participant

Clearwater Paper Corporation's 2023 employer contribution ran above the $4,362 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 · 20234
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$130,864
FINANCIAL ENGINES · Investment advisory (plan)$90,876
MERCER · Consulting$35,192
LBMC PC · Consulting$27,500

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$320,330 · 0.12%
2023$284,096 · 0.10%
2022$277,725 · 0.10%
All plans at this employer2
CLEARWATER PAPER 401(K) PLAN401(k)
CLEARWATER PAPER REPRESENTED 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · Washington
Weyerhaeuser Company WA$2.4B · 0.04%
Fortive Corporation WA$2.1B · 0.06%
Blue Origin, LLC WA$1.2B · 0.10%
Itron, Inc. WA$650.5M · 0.08%
Tsmc Washington LLC WA$273.8M · 0.04%
Trident Seafoods Corporation WA$255.4M · 0.06%
Electroimpact, Inc. WA$178.4M · 0.05%
Seh America, Inc. WA$169.7M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 203594554 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.