Plan Ledger DOL Form 5500 · updated monthly

Northwest Administrators, Inc.401(k)

NORTHWEST ADMINISTRATORS, INC. TAX DEFERRED SAVINGS PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Northwest Administrators, Inc. reported $6,650 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,701 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 0.007% to 0.008%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 195th-largest of 1,714 plans among Washington employers on file, and the 1,065th of 4,798 in finance & insurance. In 2024, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$92,120,196
Participants with balances499
Active participants398
Employer contributions$1,871,042
Employee contributions$3,327,816
Employer contribution per active participant$4,701
Average account balance$184,610
Benefits paid to participants$4,923,484
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$92.1M · 499 accts · $1.9M emplr
2023$81.3M · 467 accts · $1.8M emplr
2022$69.3M · 548 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,650
Total administrative$6,650
The Northwest Administrators, Inc. 401(k) match · 2024
Employer contribution per active participant$4,701
Median for plans this size$3,635
2024$4,701 per active participant
2023$4,882 per active participant
2022$4,260 per active participant

Northwest Administrators, Inc.'s 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$6,650
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$6,650 · 0.01%
2023$5,821 · 0.01%
2022$5,038 · 0.01%
Same employer
Similar plansFinance & Insurance · Washington
Delta Dental of Washington WA$100.2M · 0.01%
Numerica Credit Union WA$87.9M · 0.02%
Twinstar Credit Union WA$85.7M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910680697 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.