Plan Ledger DOL Form 5500 · updated monthly

Forterra Nw401(k)

FORTERRA NW 401(K) PLAN · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.90%

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

Forterra Nw reported $38,894 in plan administrative expenses for 2023: 0.90% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,845 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 1 year on file its reported administrative ratio rose from 0.11% to 0.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Washington (1,389th of 1,714), and 1,581st of 2,096 in real estate & leasing. In 2023, employees put in $2.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,471,955
Participants with balances98
Active participants25
Employer contributions$146,131
Employee contributions$345,540
Employer contribution per active participant$5,845
Average account balance$45,632
Benefits paid to participants$950,795
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$4.5M · 98 accts · $146K emplr
2022$4.1M · 135 accts · $244K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$16,122
Audit (IQPA)$19,500
Trustee / custodial$3,272
Total administrative$38,894
The Forterra Nw 401(k) match · 2023
Employer contribution per active participant$5,845
Median for plans this size$1,308
2023$5,845 per active participant
2022$4,880 per active participant

Forterra Nw's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
RANDALL & HURLEY, INC. · Recordkeeping · Loan processing$16,122
CLARK NUBER PS91-119 · Accounting / audit$19,500
CHARLES SCHWAB & CO, INC · Custodial$3,272

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

Administrative cost history2
2023$38,894 · 0.90%
2022$5,119 · 0.11%
Similar plansReal Estate & Leasing · Washington
Idm Apartments, LLC WA$3.8M · 0.96%
11 Capital, LLC WA$3.6M · 1.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 943112461 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.