Plan Ledger DOL Form 5500 · updated monthly

Development Northwest, Inc.401(k)

WOLCOTT PLUMBING 401(K) PROFIT SHARING PLAN · TROUTDALE, OR · plan year 2022

Reported admin expense ratio · 2022
1.33%

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

Development Northwest, Inc. reported $87,222 in plan administrative expenses for 2022: 1.33% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,475 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Oregon (703rd of 1,021), and 3,742nd of 5,337 in construction. In 2022, employees put in $1.94 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,135,448
Participants with balances82
Active participants156
Employer contributions$230,172
Employee contributions$447,285
Employer contribution per active participant$1,475
Average account balance$74,823
Benefits paid to participants$472,563
Plan auditUnmodified (clean) audit opinion
AuditorDELAP LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$47,388
Investment management$30,974
Total administrative$87,222
The Development Northwest, Inc. 401(k) match · 2022
Employer contribution per active participant$1,475
Median for plans this size$1,114

Development Northwest, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$87,222 · 1.33%
Similar plansConstruction · Oregon
Garner Electric, Co. OR$7.3M · 0.58%
Jet Industries, Inc. OR$6.6M · 0.20%
Neil Kelly Company, Inc. OR$6.0M · 0.91%
Sound Security, Inc. OR$5.8M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931191075 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.