Plan Ledger DOL Form 5500 · updated monthly

Madden Industrial Craftsmen, Inc.401(k)

MADDEN INDUSTRIAL CRAFTSMEN, INC. EMPLOYEE 401(K) SAVINGS PLAN · BEAVERTON, OR · plan year 2022

Reported admin expense ratio · 2022
0.07%

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

Madden Industrial Craftsmen, Inc. reported $3,966 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $265 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Oregon (735th of 1,021), and 1,385th of 2,534 in administrative & support services. In 2022, employees put in $2.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,460,421
Participants with balances63
Active participants673
Employer contributions$178,620
Employee contributions$429,343
Employer contribution per active participant$265
Average account balance$86,673
Benefits paid to participants$384,943
Plan auditDisclaimer of opinion
AuditorFELLNER & KUHN, LLP
Administrative expenses, itemized · 2022
Investment management$940
Professional / advisory$3,026
Total administrative$3,966
The Madden Industrial Craftsmen, Inc. 401(k) match · 2022
Employer contribution per active participant$265
Median for plans this size$1,114

Madden Industrial Craftsmen, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$3,966 · 0.07%
Similar plansAdministrative & Support Services · Oregon
Boly/Welch, Inc. OR$8.0M · 0.65%
Real Benefits Group, Inc. OR$5.7M · 1.77%
Avanti Destinations, LLC OR$5.7M · 0.38%
All Peo, Inc. OR$4.7M · 1.19%
Per Nw, Inc. OR$4.3M · 0.86%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 930983772 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.