Plan Ledger DOL Form 5500 · updated monthly

Oregon Tool, Inc.401(k)

OREGON TOOL 401(K) RETIREMENT PROFIT SHARING PLUS PLAN · PORTLAND, OR · plan year 2024

Employer contribution per participant · 2024
$4,681

Oregon Tool, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $295,301,114 across 1,792 participant accounts, with employer contributions averaging $4,681 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 36th-largest of 1,021 plans among Oregon employers on file, and the 857th of 13,661 in manufacturing. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$295,301,114
Participants with balances1,792
Active participants924
Employer contributions$4,324,877
Employee contributions$6,533,620
Employer contribution per active participant$4,681
Average account balance$164,789
Benefits paid to participants$33,431,438
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$295.3M · 1,792 accts · $4.3M emplr
2023$270.3M · 2,055 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Investment management$162,745
Audit (IQPA)$17,000
Total administrative-$11,827
The Oregon Tool, Inc. 401(k) match · 2024
Employer contribution per active participant$4,681
Median for plans this size$4,294
2024$4,681 per active participant
2023$3,110 per active participant

Oregon Tool, Inc.'s 2024 employer contribution ran above the $4,294 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.

Service providers · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$104,122
ROBERT W. BAIRD INC. · Investment advisory (plan) · Investment management$58,623
KBF CPAS LLP · Accounting / audit$17,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history2
2024Not separately reported
2023$65,960 · 0.03%
Same employer
Similar plansManufacturing · Oregon
Adidas America, Inc. OR$956.2M · 0.05%
Vestas America Holding, Inc. OR$380.7M · 0.09%
Hampton Resources, Inc. OR$313.9M · 0.06%
Detroit Diesel Corporation OR$303.2M · 0.03%
Oregon Tool, Inc. OR$254.4M · 0.03%
A-Dec, Inc. OR$248.7M · 0.07%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630593908 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.