Plan Ledger DOL Form 5500 · updated monthly

Norpac Resources, LLC401(k)

NORPAC RESOURCES,LLC 401(K) PROFIT SHARING PLAN · LONGVIEW, WA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Norpac Resources, LLC reported $105,357 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $7,159 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 0.12% to 0.19%. 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 284th-largest of 1,714 plans among Washington employers on file, and the 2,748th of 13,661 in manufacturing. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,661,406
Participants with balances569
Active participants497
Employer contributions$3,558,153
Employee contributions$4,793,990
Employer contribution per active participant$7,159
Average account balance$106,611
Benefits paid to participants$6,345,789
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$60.7M · 569 accts · $3.6M emplr
2023$51.2M · 578 accts · $3.7M emplr
2022$39.8M · 605 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,820
Audit (IQPA)$19,614
Trustee / custodial$19,363
Total administrative$105,357
The Norpac Resources, LLC 401(k) match · 2024
Employer contribution per active participant$7,159
Median for plans this size$3,635
2024$7,159 per active participant
2023$7,433 per active participant
2022$6,617 per active participant

Norpac Resources, LLC'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
NORTHWEST PLAN SERVICES · Recordkeeping · Loan processing$64,960
CLARK NUBER P.S. · Accounting / audit$19,684
CHARLES SCHWAB TRUST BANK · Custodial (securities)$19,363

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

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Administrative cost history3
2024$105,357 · 0.19%
2023$67,576 · 0.15%
2022$48,522 · 0.12%
Same employer
Similar plansManufacturing · Washington
Twin City Foods, Inc. WA$63.4M · 0.13%
Zetron, Inc. WA$60.0M · 0.05%
Jamco America Inc. WA$58.7M · 0.13%
Miles Sand & Gravel Company WA$58.1M · 0.17%
Hotstart, Inc. WA$56.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680568571 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.