Plan Ledger DOL Form 5500 · updated monthly

Nwestco LLC401(k)

NWESTCO RETIREMENT SAVINGS PLAN · KALISPELL, MT · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Nwestco LLC reported $39,158 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $1,241 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 0.17% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Montana (145th of 229), and 1,867th of 3,341 in other services. In 2024, employees put in $2.06 for every $1.00 the employer contributed; active participation has grown from 177 to 231 since 2022.

Plan summary
Net assets, end of year$8,013,008
Participants with balances162
Active participants231
Employer contributions$286,690
Employee contributions$589,816
Employer contribution per active participant$1,241
Average account balance$49,463
Benefits paid to participants$1,046,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 162 accts · $287K emplr
2023$6.4M · 119 accts · $199K emplr
2022$5.5M · 114 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,145
Investment management$18,013
Total administrative$39,158
The Nwestco LLC 401(k) match · 2024
Employer contribution per active participant$1,241
Median for plans this size$1,313
2024$1,241 per active participant
2023$1,087 per active participant
2022$1,003 per active participant

Nwestco LLC's 2024 employer contribution ran below the $1,313 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
ADP, INC. · Loan processing · Recordkeeping$21,144
RESOURCES INVESTMENT ADVISORS, INC. · Recordkeeping · Trustee$18,013
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP, RESOURCES INVESTMENT ADVISORS, INC.
2023ADP, MOSAIC FAMILY WEALTH PARTNERS LLC

This plan has changed recordkeepers within these filings. If you left Nwestco LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$39,158 · 0.54%
2023$25,235 · 0.42%
2022$9,947 · 0.17%
Same employer
Similar plansOther Services · Montana
Montana Health Network MT$53.1M · 0.53%
Headwaters Salons, LLC MT$3.4M · 1.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 901018013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.