Plan Ledger DOL Form 5500 · updated monthly

Northwest Fiber, LLC401(k)

ZIPLY FIBER 401(K) PLAN · KIRKLAND, WA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Northwest Fiber, LLC reported $63,524 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,477 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 0.02% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 115th-largest of 1,714 plans among Washington employers on file, and the 212th of 2,199 in information & media. In 2024, employees put in $3.91 for every $1.00 the employer contributed; active participation has grown from 1,451 to 1,757 since 2022.

Plan summary
Net assets, end of year$174,096,091
Participants with balances1,446
Active participants1,757
Employer contributions$2,594,552
Employee contributions$10,140,820
Employer contribution per active participant$1,477
Average account balance$120,398
Benefits paid to participants$15,909,425
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$174.1M · 1,446 accts · $2.6M emplr
2023$151.3M · 1,362 accts · $2.5M emplr
2022$133.1M · 1,294 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,358
Investment management$23,166
Total administrative$63,524
The Northwest Fiber, LLC 401(k) match · 2024
Employer contribution per active participant$1,477
Median for plans this size$3,635
2024$1,477 per active participant
2023$1,593 per active participant
2022$1,645 per active participant

Northwest Fiber, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$40,358
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$23,166

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$63,524 · 0.04%
2023$44,809 · 0.03%
2022$27,005 · 0.02%
Similar plansInformation & Media · Washington
Microsoft Corporation WA$77.8B · 0.06%
T-Mobile USA, Inc. WA$9.1B · 0.03%
Smartsheet Inc. WA$273.8M · 0.12%
Seattle Times Company WA$156.6M · 0.09%
Realnetworks, LLC WA$89.2M · 0.09%
HR Benefits Inc WA$88.6M · 0.28%
Cowles Company WA$76.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 845117312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.