Plan Ledger DOL Form 5500 · updated monthly

Les Schwab Warehouse Center, LLCProfit-sharing plan

LES SCHWAB PROFIT SHARING RETIREMENT PLAN · BEND, OR · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Les Schwab Warehouse Center, LLC reported $2,982,649 in plan administrative expenses for 2024: 0.36% of average plan assets, higher than ~90% of peers. Employer contributions averaged $7,896 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 4 years on file its reported administrative ratio fell from 0.40% to 0.36%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 16th-largest of 1,021 plans among Oregon employers on file, and the 79th of 5,215 in retail trade. active participation has grown from 5,290 to 6,051 since 2020.

Plan summary
Net assets, end of year$864,692,995
Participants with balances8,596
Active participants6,051
Employer contributions$47,778,238
Employee contributions—
Employer contribution per active participant$7,896
Average account balance$100,592
Benefits paid to participants$68,658,533
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$864.7M · 8,596 accts · $47.8M emplr
2023$805.0M · 8,259 accts · $44.2M emplr
2022$730.5M · 7,756 accts · $40.8M emplr
2020$769.8M · 7,247 accts · $35.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,014
Investment management$2,514,819
Audit (IQPA)$39,800
Trustee / custodial$126,669
Total administrative$2,982,649
Employer contributions to the Les Schwab Warehouse Center, LLC plan · 2024
Employer contribution per active participant$7,896
Median for plans this size$4,294
2024$7,896 per active participant
2023$7,708 per active participant
2022$7,474 per active participant
2020$6,612 per active participant

Les Schwab Warehouse Center, LLC's 2024 employer contribution ran above the $4,294 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 · 202412
NWPS · Contract administrator · Recordkeeping$138,014
HARSCH INVESTMENT CORP · Investment management$1,415,464
MERCER · Investment management$743,327
SILVER POINT CAPITAL, L.P. · Investment management$179,903
PORTFOLIO ADVISORS · Investment advisory (plan)$141,591
PRISA, LP · Investment management$132,705
CANYON PARTNERS · Investment advisory (plan)$130,324
BAIN CAPITAL · Investment management$129,098
PRINCIPAL BANK · Custodial (securities) · Trustee (directed)$126,669
MARSH USA INC. · Insurance broker$118,173
NEUBERGER BERMAN · Investment management$113,500
HIGHVISTA PRIVATE EQUITY X · Investment management$65,708

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 history4
2024$2,982,649 · 0.36%
2023$3,008,295 · 0.39%
2022$2,625,889 · 0.33%
2020$3,121,123 · 0.40%
Same employer
Similar plansRetail Trade · Oregon
Lithia Motors, Inc. OR$1.0B · 0.18%
Vs Service Company, LLC OH$892.5M · 0.17%
Speedway LLC OH$886.9M · 0.12%
Dick's Sporting Goods, Inc. PA$883.7M · 0.08%
Williams-Sonoma, Inc. CA$882.6M · 0.08%
Giant Eagle, Inc. PA$845.1M · 0.10%
Dollar General Corporation TN$824.5M · 0.25%
Ll Bean Inc ME$803.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930470437 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.