Plan Ledger DOL Form 5500 · updated monthly

Orenco Systems, Inc.401(k)

ORENCO SYSTEMS, INC. RETIREMENT PLAN · SUTHERLIN, OR · plan year 2023

Reported admin expense ratio · 2023
0.31%

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

Orenco Systems, Inc. reported $111,932 in plan administrative expenses for 2023: 0.31% of average plan assets, above the peer median. Employer contributions averaged $1,801 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 has held roughly steady near 0.308%. 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 224th-largest of 1,021 plans among Oregon employers on file, and the 3,735th of 13,661 in manufacturing. In 2023, employees put in $2.25 for every $1.00 the employer contributed; active participation has shrunk from 378 to 304 since 2022.

Plan summary
Net assets, end of year$39,268,655
Participants with balances360
Active participants304
Employer contributions$547,554
Employee contributions$1,229,927
Employer contribution per active participant$1,801
Average account balance$109,080
Benefits paid to participants$2,315,153
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$39.3M · 360 accts · $548K emplr
2022$33.4M · 368 accts · $580K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$57,621
Investment management$54,311
Total administrative$111,932
The Orenco Systems, Inc. 401(k) match · 2023
Employer contribution per active participant$1,801
Median for plans this size$2,440
2023$1,801 per active participant
2022$1,535 per active participant

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

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$57,662
ZUNA, LLC · Investment advisory (plan)$54,311
PRIME PENSIONS NORTHWEST, LLC · Other servicesindirect comp

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$111,932 · 0.31%
2022$100,672 · 0.31%
Same employer
Similar plansManufacturing · Oregon
Bright Wood Corporation OR$44.5M · 0.42%
Lacrosse Footwear, Inc. OR$43.8M · 0.16%
Gunderson Marine, LLC OR$35.7M · 0.14%
Rodda Paint Co. OR$35.2M · 0.09%
Dwfritz Automation LLC OR$34.8M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 930781063 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.