Plan Ledger DOL Form 5500 · updated monthly

Orca Bay Foods, LLC401(k)

ORCA BAY FOODS, LLC 401(K) PROFIT SHARING PLAN · SEATTLE, WA · plan year 2023

Reported admin expense ratio · 2023
0.19%

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

Orca Bay Foods, LLC reported $32,957 in plan administrative expenses for 2023: 0.19% of average plan assets, below the peer median. Employer contributions averaged $919 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 1 year on file its reported administrative ratio rose from 0.06% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 725th-largest of 1,714 plans among Washington employers on file, and the 6,181st of 13,661 in manufacturing. In 2023, employees put in $5.90 for every $1.00 the employer contributed; active participation has shrunk from 351 to 210 since 2022.

Plan summary
Net assets, end of year$18,738,159
Participants with balances245
Active participants210
Employer contributions$193,074
Employee contributions$1,139,506
Employer contribution per active participant$919
Average account balance$76,482
Benefits paid to participants$1,630,092
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$18.7M · 245 accts · $193K emplr
2022$15.9M · 261 accts · $233K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$21,259
Investment management$2,500
Audit (IQPA)$5,885
Trustee / custodial$1,145
Total administrative$32,957
The Orca Bay Foods, LLC 401(k) match · 2023
Employer contribution per active participant$919
Median for plans this size$2,440
2023$919 per active participant
2022$663 per active participant

Orca Bay Foods, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
NORTHWEST PLAN SERVICES · Recordkeeping · Loan processing$21,259
BPM LLC · Accounting / audit$5,885

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

Administrative cost history3
2024Not separately reported
2023$32,957 · 0.19%
2022$9,870 · 0.06%
Same employer
Similar plansManufacturing · Washington
Natures Path Foods USA Inc. WA$19.5M · 0.24%
Northern Fruit Company WA$19.2M · 0.02%
Pedigo Products, Inc WA$18.8M · 0.35%
Addium, Inc. WA$18.3M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820909343 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.