Plan Ledger DOL Form 5500 · updated monthly

Nelson Irrigation Corporation401(k)

NELSON IRRIGATION CORPORATION 401(K) AND PROFIT SHARING PLAN · WALLA WALLA, WA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Nelson Irrigation Corporation reported $87,071 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $6,904 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 0.09% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 160th-largest of 1,714 plans among Washington employers on file, and the 1,758th of 13,661 in manufacturing. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has shrunk from 221 to 193 since 2022.

Plan summary
Net assets, end of year$111,651,355
Participants with balances237
Active participants193
Employer contributions$1,332,386
Employee contributions$2,808,944
Employer contribution per active participant$6,904
Average account balance$471,103
Benefits paid to participants$10,066,028
Plan auditUnmodified (clean) audit opinion
AuditorSWEENEY CONRAD P S
Plan history3
Yearassets · accounts · employer contribution
2024$111.7M · 237 accts · $1.3M emplr
2023$104.9M · 259 accts · $1.3M emplr
2022$94.3M · 271 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,031
Investment management$47,040
Audit (IQPA)$21,000
Total administrative$87,071
The Nelson Irrigation Corporation 401(k) match · 2024
Employer contribution per active participant$6,904
Median for plans this size$3,635
2024$6,904 per active participant
2023$6,685 per active participant
2022$6,226 per active participant

Nelson Irrigation Corporation's 2024 employer contribution ran above the $3,635 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$27,860
UBS FINANCIAL SERVICES, INC. · Investment management$38,211
SWEENEY CONRAD P.S. · Accounting / audit$21,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$87,071 · 0.08%
2023$82,516 · 0.08%
2022$91,390 · 0.09%
Same employer
Similar plansManufacturing · Washington
Wagstaff, Inc. WA$131.5M · 0.02%
Northwest Pipe Company WA$129.8M · 0.06%
Sp Holdings, Inc. WA$113.1M · 0.19%
Pyrotek Incorporated WA$105.2M · 0.26%
Columbia Machine, Inc. WA$104.2M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 370963413 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.