Plan Ledger DOL Form 5500 · updated monthly

Natures Path Foods USA Inc.401(k)

NATURES PATH EMPLOYEES 401(K) SAVINGS & RETIREMENT PLAN · BLAINE, WA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Natures Path Foods USA Inc. reported $41,366 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $1,483 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 fell from 0.27% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 703rd-largest of 1,714 plans among Washington employers on file, and the 6,027th of 13,661 in manufacturing. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 487 to 589 since 2022.

Plan summary
Net assets, end of year$19,497,668
Participants with balances347
Active participants589
Employer contributions$873,524
Employee contributions$1,826,821
Employer contribution per active participant$1,483
Average account balance$56,189
Benefits paid to participants$1,143,556
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.5M · 347 accts · $874K emplr
2023$14.6M · 314 accts · $722K emplr
2022$11.6M · 292 accts · $577K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,493
Investment management$22,873
Total administrative$41,366
The Natures Path Foods USA Inc. 401(k) match · 2024
Employer contribution per active participant$1,483
Median for plans this size$2,416
2024$1,483 per active participant
2023$1,505 per active participant
2022$1,185 per active participant

Natures Path Foods USA Inc.'s 2024 employer contribution ran below the $2,416 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.

Service providers · 20242
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$22,873
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$17,237

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$41,366 · 0.24%
2023$28,273 · 0.22%
2022$34,072 · 0.27%
Same employer
Similar plansManufacturing · Washington
Van Doren Sales, Inc. WA$20.9M · 0.25%
Seacast, Inc. WA$20.0M · 0.21%
Young Corporation WA$19.5M · 0.20%
Northern Fruit Company WA$19.2M · 0.02%
Pedigo Products, Inc WA$18.8M · 0.35%
Orca Bay Foods, LLC WA$18.7M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911825645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.