Plan Ledger DOL Form 5500 · updated monthly

Natural Factors Nutritional Products Inc.401(k)

NATURAL FACTORS NUTRITIONAL PRODUCTS INC. 401(K) PLAN · MONROE, WA · plan year 2024

Reported admin expense ratio · 2024
1.13%

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

Natural Factors Nutritional Products Inc. reported $105,163 in plan administrative expenses for 2024: 1.13% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,309 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 0.85% to 1.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Washington (1,079th of 1,714), and 8,846th of 13,661 in manufacturing. In 2024, employees put in $1.71 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,874,549
Participants with balances291
Active participants261
Employer contributions$602,634
Employee contributions$1,027,885
Employer contribution per active participant$2,309
Average account balance$33,933
Benefits paid to participants$1,179,284
Plan auditUnmodified (clean) audit opinion
AuditorSHANNON & ASSOCIATES, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 291 accts · $603K emplr
2023$8.7M · 263 accts · $554K emplr
2022$7.8M · 283 accts · $486K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$62,507
Investment management$42,656
Total administrative$105,163
The Natural Factors Nutritional Products Inc. 401(k) match · 2024
Employer contribution per active participant$2,309
Median for plans this size$1,313
2024$2,309 per active participant
2023$2,387 per active participant
2022$1,990 per active participant

Natural Factors Nutritional Products Inc.'s 2024 employer contribution ran above the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$62,507
CAPFINANCIAL PARTNERS, LLC · Investment advisory (plan)$21,638
TRUTINA FINANCIAL · Investment advisory (plan)$21,012

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$105,163 · 1.13%
2023$70,065 · 0.85%
2022$67,368 · 0.85%
Same employer
Similar plansManufacturing · Washington
Aptevo Therapeutic, Inc. WA$10.4M · 0.17%
Ben-Ko-Matic Co. WA$10.4M · 0.24%
Nautilus Subsidiary Inc. WA$10.4M · 0.28%
Floform Countertops LLC WA$9.8M · 1.16%
Sbi, Inc. WA$9.8M

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 820482773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.