Plan Ledger DOL Form 5500 · updated monthly

Northwest Pipe Company401(k)

NORTHWEST PIPE COMPANY 401(K) PLAN · VANCOUVER, WA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Northwest Pipe Company reported $71,021 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,321 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 3 years on file its reported administrative ratio has held roughly steady near 0.059%. 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 138th-largest of 1,714 plans among Washington employers on file, and the 1,566th of 13,661 in manufacturing. In 2024, employees put in $2.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$129,818,470
Participants with balances1,421
Active participants1,134
Employer contributions$2,631,641
Employee contributions$6,531,860
Employer contribution per active participant$2,321
Average account balance$91,357
Benefits paid to participants$7,145,971
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$129.8M · 1,421 accts · $2.6M emplr
2023$110.1M · 1,433 accts · $2.5M emplr
2022$93.5M · 1,362 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,021
Total administrative$71,021
The Northwest Pipe Company 401(k) match · 2024
Employer contribution per active participant$2,321
Median for plans this size$3,635
2024$2,321 per active participant
2023$2,249 per active participant
2022$2,095 per active participant

Northwest Pipe Company's 2024 employer contribution ran below 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 · 20241
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$172,291

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024The Standard
2023The Standard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$71,021 · 0.06%
2023$61,062 · 0.06%
2022$59,307 · 0.06%
Same employer
Similar plansManufacturing · Washington
Continental Mills, Inc WA$157.5M · 0.08%
Rec Silicon, Inc. WA$151.4M · 0.04%
Potlatchdeltic Corporation WA$145.3M · 0.11%
Wagstaff, Inc. WA$131.5M · 0.02%
Sp Holdings, Inc. WA$113.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930557988 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.