Plan Ledger DOL Form 5500 · updated monthly

Great Western Malting Co.401(k)

GREAT WESTERN MALTING CO. SAVINGS PLAN AND TRUST · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Great Western Malting Co. reported $134,418 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,939 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 0.20% to 0.45%. 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 510th-largest of 1,714 plans among Washington employers on file, and the 4,360th of 13,661 in manufacturing. In 2024, employees put in $3.95 for every $1.00 the employer contributed; active participation has shrunk from 342 to 288 since 2022.

Plan summary
Net assets, end of year$31,163,744
Participants with balances395
Active participants288
Employer contributions$558,316
Employee contributions$2,205,880
Employer contribution per active participant$1,939
Average account balance$78,896
Benefits paid to participants$2,680,493
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.2M · 395 accts · $558K emplr
2023$28.0M · 444 accts · $566K emplr
2022$23.0M · 455 accts · $531K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,149
Investment management$2,703
Total administrative$134,418
The Great Western Malting Co. 401(k) match · 2024
Employer contribution per active participant$1,939
Median for plans this size$2,416
2024$1,939 per active participant
2023$1,623 per active participant
2022$1,553 per active participant

Great Western Malting Co.'s 2024 employer contribution ran below 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
MERCER (US) INC MERCER INVESTMENTS · Consulting · Insurance services$101,566
EMPOWER ADVISORY GROUP, LLC · Investment management$2,703

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$134,418 · 0.45%
2023$69,829 · 0.27%
2022$49,827 · 0.20%
Same employer
Similar plansManufacturing · Washington
Cascade Designs, Inc. WA$32.9M · 0.25%
Sekisui Aerospace, Inc. WA$32.4M · 0.95%
Qumulo, Inc. WA$32.1M · 0.11%
Scafco Corporation WA$31.9M · 0.18%
Mackay Manufacturing, Inc. WA$30.8M · 0.23%
Cascade Dafo, Inc WA$30.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980100247 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.