Plan Ledger DOL Form 5500 · updated monthly

Erickson Incorporated401(k)

ERICKSON INCORPORATED 401(K) PROFIT SHARING PLAN · PORTLAND, OR · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Erickson Incorporated reported $123,496 in plan administrative expenses for 2023: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,391 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 0.25% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 142nd-largest of 1,021 plans among Oregon employers on file, and the 313th of 2,677 in transportation & warehousing. In 2023, employees put in $3.19 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$67,510,200
Participants with balances749
Active participants498
Employer contributions$1,190,687
Employee contributions$3,795,031
Employer contribution per active participant$2,391
Average account balance$90,134
Benefits paid to participants$7,079,840
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$64.2M · 636 accts · $896K emplr
2023$67.5M · 749 accts · $1.2M emplr
2022$59.1M · 774 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$59,213
Audit (IQPA)$8,000
Total administrative$123,496
The Erickson Incorporated 401(k) match · 2023
Employer contribution per active participant$2,391
Median for plans this size$3,659
2024$3,049 per active participant
2023$2,391 per active participant
2022$2,050 per active participant

Erickson Incorporated's 2023 employer contribution ran below the $3,659 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 · 20235
T ROWE PRICE RPS INC · Recordkeeping · Trustee$59,213
RESOURCE INVESTMENT ADVISORS LLC · Consulting$28,000
RETIREMENT INVESTMENT ADVISORS LLC · Consulting$28,000
KBF CPA'S LLP · Accounting / audit$8,000
CHARLES SCHWAB & CO., INC. · Securities brokerage$43

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$123,683 · 0.19%
2023$123,496 · 0.20%
2022$169,409 · 0.25%
Same employer
Similar plansTransportation & Warehousing · Oregon
Xpo Cnw, Inc. OR$1.9B · 0.02%
Xpo Logistics, Inc. OR$715.3M · 0.13%
Columbia Helicopters, Inc. OR$89.0M · 0.07%
Sause Bros., Inc. OR$36.2M · 0.12%
Magnate Holdings, LLC OR$34.9M · 0.47%
May Trucking Company OR$25.1M · 0.18%
Omega Morgan Holdings Inc. OR$20.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931307561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.