Plan Ledger DOL Form 5500 · updated monthly

Forrest Paint Co.401(k)

FORREST PAINT CO. PROFIT SHARING AND EMPLOYEE SAVINGS PLAN · EUGENE, OR · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Forrest Paint Co. reported $52,300 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $2,645 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 0.42% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 492nd-largest of 1,021 plans among Oregon employers on file, and 8,007th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,075,886
Participants with balances105
Active participants91
Employer contributions$240,666
Employee contributions$498,203
Employer contribution per active participant$2,645
Average account balance$115,008
Benefits paid to participants$809,734
Plan auditUnmodified (clean) audit opinion
AuditorKERNUTT STOKES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.1M · 105 accts · $241K emplr
2023$10.7M · 103 accts · $236K emplr
2022$9.0M · 109 accts · $227K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,101
Investment management$17,199
Total administrative$52,300
The Forrest Paint Co. 401(k) match · 2024
Employer contribution per active participant$2,645
Median for plans this size$2,416
2024$2,645 per active participant
2023$2,481 per active participant
2022$2,244 per active participant

Forrest Paint Co.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$35,101
ROEHL & YI INVEVSTMENT ADVISORS · Investment advisory (plan)$17,199
PRIME PENSIONS NORTHWEST, LLC · Other servicesindirect comp

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$52,300 · 0.46%
2023$43,529 · 0.44%
2022$42,533 · 0.42%
Same employer
Similar plansManufacturing · Oregon
Hooker Creek Companies, LLC OR$14.7M · 0.43%
Agility Robotics, Inc. OR$14.5M · 0.26%
Allied Systems Company OR$14.3M · 0.32%
Rears Mfg. Co., Inc. OR$12.9M · 0.08%
Davis Tool, Inc. OR$12.1M · 0.01%
Signature Graphics, Inc. OR$11.7M · 0.00%
Dci International, LLC OR$11.4M · 0.65%
Frank Lumber Co., Inc. OR$11.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930612986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.