Plan Ledger DOL Form 5500 · updated monthly

Northwest Pipe Fittings, Inc.401(k)

NORTHWEST PIPE FITTINGS, INC 401(K) PROFIT SHARING PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Northwest Pipe Fittings, Inc. reported $84,566 in plan administrative expenses for 2024: 0.64% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,675 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 0.58% to 0.64%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 98th-largest of 229 plans among Montana employers on file, and 2,438th of 4,246 in wholesale trade. In 2024, employees put in $2.67 for every $1.00 the employer contributed; active participation has grown from 134 to 159 since 2022.

Plan summary
Net assets, end of year$14,242,293
Participants with balances137
Active participants159
Employer contributions$266,361
Employee contributions$712,275
Employer contribution per active participant$1,675
Average account balance$103,958
Benefits paid to participants$788,085
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 137 accts · $266K emplr
2023$12.0M · 127 accts · $236K emplr
2022$9.9M · 119 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,137
Investment management$37,429
Total administrative$84,566
The Northwest Pipe Fittings, Inc. 401(k) match · 2024
Employer contribution per active participant$1,675
Median for plans this size$2,416
2024$1,675 per active participant
2023$1,629 per active participant
2022$1,603 per active participant

Northwest Pipe Fittings, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS L · Recordkeeping · Loan processing$46,841
BIG SKY RETIREMENT · Recordkeeping · Loan processing$300
BANK OF AMERICA NA · Investment advisory (plan)$37,429

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

Recordkeeper by year2
2024BIG SKY RETIREMENT, Transamerica
2023BIG SKY RETIREMENT, Transamerica

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

Administrative cost history3
2024$84,566 · 0.64%
2023$69,902 · 0.64%
2022$65,305 · 0.58%
Same employer
Similar plansWholesale Trade · Montana
Feist Watson Enterprises MT$18.9M · 0.23%
Csww, Inc. MT$16.4M · 0.94%
The Tire Guys, Inc. MT$13.9M · 0.45%
Frontline AG Solutions LLC MT$13.3M · 0.02%
Lhc, Incorporated MT$13.0M · 0.55%
Blue Rock Products Co. MT$12.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810262699 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.