Plan Ledger DOL Form 5500 · updated monthly

Northwest Natural Gas Company401(k) + ESOP (KSOP)

NORTHWEST NATURAL GAS COMPANY RETIREMENT K SAVINGS PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Northwest Natural Gas Company reported $201,570 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $8,809 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 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other utilities employers. By assets it is the 30th-largest of 1,021 plans among Oregon employers on file, and the 79th of 412 in utilities. In 2024, employees put in $1.54 for every $1.00 the employer contributed; active participation has grown from 1,136 to 1,264 since 2022.

Plan summary
Net assets, end of year$343,244,324
Participants with balances1,533
Active participants1,264
Employer contributions$11,134,186
Employee contributions$17,154,401
Employer contribution per active participant$8,809
Average account balance$223,904
Benefits paid to participants$23,766,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$343.2M · 1,533 accts · $11.1M emplr
2023$298.0M · 1,499 accts · $10.5M emplr
2022$257.9M · 1,450 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$121,976
Investment management$79,594
Total administrative$201,570
The Northwest Natural Gas Company 401(k) match · 2024
Employer contribution per active participant$8,809
Median for plans this size$4,294
2024$8,809 per active participant
2023$8,789 per active participant
2022$8,475 per active participant

Northwest Natural Gas Company's 2024 employer contribution ran above the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$122,902
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$66,368

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$201,570 · 0.06%
2023$179,252 · 0.06%
2022$209,240 · 0.07%
Same employer
Similar plansUtilities · Oregon
Pacificorp OR$1.8B · 0.15%
Otter Tail Corporation ND$411.1M · 0.09%
Cheniere Energy Inc. TX$394.0M · 0.05%
Washington Gas Light Company DC$343.2M · 0.14%
Iso New England Inc. MA$321.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930256722 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.