Plan Ledger DOL Form 5500 · updated monthly

Englund Marine Supply Co., Inc.401(k)

ENGLUND MARINE SUPPLY CO., INC. 401(K) PROFIT SHARING PLAN · ASTORIA, OR · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Englund Marine Supply Co., Inc. reported $227,467 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $6,671 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 3 years on file its reported administrative ratio has held roughly steady near 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 236th-largest of 1,021 plans among Oregon employers on file, and the 840th of 5,215 in retail trade. In 2024, the employer put in $2.59 for every $1.00 employees contributed themselves; active participation has shrunk from 146 to 131 since 2022.

Plan summary
Net assets, end of year$37,441,041
Participants with balances163
Active participants131
Employer contributions$873,954
Employee contributions$337,886
Employer contribution per active participant$6,671
Average account balance$229,700
Benefits paid to participants$1,936,474
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$37.4M · 163 accts · $874K emplr
2023$33.9M · 168 accts · $661K emplr
2022$28.0M · 163 accts · $821K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,660
Investment management$192,760
Total administrative$227,467
The Englund Marine Supply Co., Inc. 401(k) match · 2024
Employer contribution per active participant$6,671
Median for plans this size$2,416
2024$6,671 per active participant
2023$4,720 per active participant
2022$5,622 per active participant

Englund Marine Supply Co., Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · Recordkeeping · Investment management$2,027
RBC WEALTH MANAGEMENT$191,467
PENSION PLAN SPECIALISTS · Pension consulting$5,317

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$227,467 · 0.64%
2023$208,976 · 0.68%
2022$184,102 · 0.67%
Same employer
Similar plansRetail Trade · Oregon
Swickard Corporation OR$45.9M · 0.72%
Roth Iga Foodliner, Inc. OR$44.5M · 0.28%
Market of Choice, Inc. OR$39.0M · 0.52%
Powell's Books, Inc. OR$30.5M · 0.46%
Grand & Benedicts, Inc. OR$29.5M · 0.00%
Miller Paint Co. OR$27.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930549258 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.