Plan Ledger DOL Form 5500 · updated monthly

Hawksoft, Inc.401(k)

HAWKSOFT 401(K) PLAN · CANBY, OR · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Hawksoft, Inc. reported $38,620 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $1,649 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 0.03% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oregon (553rd of 1,021), and 7,932nd of 11,654 in professional & technical services. In 2024, employees put in $3.18 for every $1.00 the employer contributed; active participation has grown from 134 to 157 since 2022.

Plan summary
Net assets, end of year$10,213,500
Participants with balances123
Active participants157
Employer contributions$258,880
Employee contributions$824,169
Employer contribution per active participant$1,649
Average account balance$83,037
Benefits paid to participants$309,372
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 123 accts · $259K emplr
2023$8.3M · 118 accts · $236K emplr
2022$5.8M · 102 accts · $187K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,027
Investment management$14,468
Total administrative$38,620
The Hawksoft, Inc. 401(k) match · 2024
Employer contribution per active participant$1,649
Median for plans this size$1,313
2024$1,649 per active participant
2023$1,593 per active participant
2022$1,399 per active participant

Hawksoft, Inc.'s 2024 employer contribution ran above the $1,313 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.

Administrative cost history3
2024$38,620 · 0.42%
2023$1,350 · 0.02%
2022$1,718 · 0.03%
Similar plansProfessional & Technical Services · Oregon
Mason, Bruce & Girard, Inc. OR$10.9M · 0.47%
Oregon Law Center OR$10.9M · 0.02%
Convergence Networks, Inc. OR$10.5M · 0.45%
Cayuse LLC OR$10.4M · 0.41%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 911774691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.