Plan Ledger DOL Form 5500 · updated monthly

Laird Norton Trust Company, LLC401(k)

LNWM RETIREMENT PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Laird Norton Trust Company, LLC reported $46,964 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,322 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 fell from 0.27% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 302nd-largest of 1,714 plans among Washington employers on file, and the 1,508th of 4,798 in finance & insurance. In 2024, employees put in $2.09 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,667,904
Participants with balances227
Active participants191
Employer contributions$1,398,458
Employee contributions$2,928,925
Employer contribution per active participant$7,322
Average account balance$254,044
Benefits paid to participants$374,676
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$57.7M · 227 accts · $1.4M emplr
2023$23.2M · 117 accts · $641K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,374
Investment management$19,301
Trustee / custodial$6,289
Total administrative$46,964
The Laird Norton Trust Company, LLC 401(k) match · 2024
Employer contribution per active participant$7,322
Median for plans this size$2,416
2024$7,322 per active participant
2023$6,345 per active participant

Laird Norton Trust Company, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NWPS · Contract administrator · Recordkeeping$21,374
RBC WEALTH MANAGEMENT · Investment advisory (participants) · Investment advisory (plan)$19,301
CHARLES SCHWAB TRUST BANK · Custodial · Custodial (securities)$6,289

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

Recordkeeper by year2
2024NWPS
2023NWPS

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$46,964 · 0.12%
2023$57,778 · 0.27%
Similar plansFinance & Insurance · Washington
Kitsap Bank WA$61.9M · 0.27%
Sound Credit Union WA$58.3M · 0.22%
Remitly, Inc. WA$57.1M · 0.12%
Harborstone Credit Union WA$54.2M · 0.34%
Fibre Federal Credit Union WA$49.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910822389 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.