Plan Ledger DOL Form 5500 · updated monthly

Northwest Aerospace Technologies, Inc.401(k)

NORTHWEST AEROSPACE TECHNOLOGIES, INC. 401(K) RETIREMENT SAVINGS PLAN · EVERETT, WA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Northwest Aerospace Technologies, Inc. reported $90,931 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $4,272 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 0.34% to 0.27%. 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 434th-largest of 1,714 plans among Washington employers on file, and the 3,807th of 13,661 in manufacturing. In 2024, employees put in $1.83 for every $1.00 the employer contributed; active participation has grown from 129 to 224 since 2022.

Plan summary
Net assets, end of year$38,205,158
Participants with balances280
Active participants224
Employer contributions$956,871
Employee contributions$1,748,062
Employer contribution per active participant$4,272
Average account balance$136,447
Benefits paid to participants$1,418,611
Plan auditUnmodified (clean) audit opinion
AuditorDWYER, PEMBERTON & COULSON, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$38.2M · 280 accts · $957K emplr
2023$29.7M · 254 accts · $745K emplr
2022$24.3M · 197 accts · $624K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,390
Investment management$73,541
Total administrative$90,931
The Northwest Aerospace Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,272
Median for plans this size$2,416
2024$4,272 per active participant
2023$4,025 per active participant
2022$4,838 per active participant

Northwest Aerospace Technologies, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20245
T ROWE PRICE RPS INC · Recordkeeping · Trustee$2,011
NORTHWESTERN MUTUAL WEALTH MGMT CO · Investment advisory (plan)$65,132
EMPOWER ADVISORY GROUP, LLC · Investment management$8,409
DEFINITI LLC · Contract administrator$5,368

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$90,931 · 0.27%
2023$91,168 · 0.34%
2022$95,831 · 0.34%
Similar plansManufacturing · Washington
Meteorcomm LLC WA$39.6M · 0.04%
Hardel Mutual Plywood Corp. WA$39.1M · 0.01%
Lynden Door, Inc. WA$38.7M · 0.09%
Travis Industries Inc WA$38.1M · 0.41%
Mutual Materials Company WA$35.4M · 0.03%
G S Long Co Inc WA$33.7M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911776817 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.