Plan Ledger DOL Form 5500 · updated monthly

Northwest Pump & Equipment Co.ESOP

NORTHWEST PUMP & EQUIPMENT CO. EMPLOYEE STOCK OWNERSHIP PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Northwest Pump & Equipment Co. reported $11 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $540 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 0.005% to 0.000%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 101st-largest of 1,021 plans among Oregon employers on file, and the 402nd of 4,246 in wholesale trade. active participation has grown from 166 to 195 since 2022.

Plan summary
Net assets, end of year$101,669,374
Participants with balances263
Active participants195
Employer contributions$105,325
Employee contributions—
Employer contribution per active participant$540
Average account balance$386,576
Benefits paid to participants$20,210
Plan auditUnmodified (clean) audit opinion
AuditorTALBOT, KORVOLA & WARWICK, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$101.7M · 263 accts · $105K emplr
2023$73.1M · 318 accts · $4.5M emplr
2022$83.9M · 335 accts · $4.2M emplr
Employer contributions to the Northwest Pump & Equipment Co. plan · 2024
Employer contribution per active participant$540
Median for plans this size$3,635
2024$540 per active participant
2023$25,167 per active participant
2022$25,214 per active participant

Northwest Pump & Equipment Co.'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.

Administrative cost history3
2024$11 · 0.00%
2023$11 · 0.00%
2022$4,130 · 0.00%
All plans at this employer2
NORTHWEST PUMP & EQUIPMENT CO. 401(K) PROFIT SHARING PLAN401(k)
NORTHWEST PUMP & EQUIPMENT CO. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansWholesale Trade · Oregon
The Pape' Group, Inc. OR$441.8M · 0.11%
Parr Lumber Company OR$130.2M · 0.19%
Johnstone Supply, LLC. OR$83.4M · 0.18%
Vtech USA Holdings, LLC OR$70.7M · 0.09%
Orepac Holding Company OR$66.9M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930480429 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.