Plan Ledger DOL Form 5500 · updated monthly

Grayback Forestry, Inc.401(k)

GRAYBACK FORESTRY, INC. RETIREMENT SAVINGS PLAN · MERLIN, OR · plan year 2025

Reported admin expense ratio · 2025
0.97%

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

Grayback Forestry, Inc. reported $82,671 in plan administrative expenses for 2025: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $513 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 rose from 0.77% to 0.97%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in Oregon (599th of 1,021), and 492nd of 945 in agriculture, forestry & fishing. In 2025, employees put in $3.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,830,645
Participants with balances747
Active participants302
Employer contributions$154,776
Employee contributions$477,470
Employer contribution per active participant$513
Average account balance$11,821
Benefits paid to participants$1,128,350
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$8.8M · 747 accts · $155K emplr
2024$8.3M · 709 accts · $131K emplr
2023$7.1M · 672 accts · $79K emplr
2022$6.0M · 618 accts · $278K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$48,492
Investment management$34,179
Total administrative$82,671
The Grayback Forestry, Inc. 401(k) match · 2025
Employer contribution per active participant$513
Median for plans this size$1,464
2025$513 per active participant
2024$416 per active participant
2023$275 per active participant
2022$854 per active participant

Grayback Forestry, Inc.'s 2025 employer contribution ran below the $1,464 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
BENECO SYSTEMS, LLC · Trustee (discretionary) · Other services$82,672

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

Recordkeeper by year3
2025BENECO SYSTEMS, LLC
2024BENECO SYSTEMS, LLC
2023BENECO SYSTEMS, LLC

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Administrative cost history4
2025$82,671 · 0.97%
2024$76,756 · 1.00%
2023$70,437 · 1.07%
2022$49,474 · 0.77%
Similar plansAgriculture, Forestry & Fishing · Oregon
J. Frank Schmidt & Son Co. OR$13.7M · 0.42%
Summitt Enterprises Inc OR$11.6M · 0.01%
Croman Corporation OR$8.4M · 0.90%
Kraemer's Nursery, Inc. OR$8.2M · 0.50%
George Packing Co Inc OR$5.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930730231 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.