Plan Ledger DOL Form 5500 · updated monthly

Orion Industries, Inc.401(k)

ORION INDUSTRIES 401(K) PLAN · AUBURN, WA · plan year 2024

Reported admin expense ratio · 2024
0.51%

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

Orion Industries, Inc. reported $55,343 in plan administrative expenses for 2024: 0.51% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,393 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 3 years on file its reported administrative ratio has held roughly steady near 0.509%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Washington (982nd of 1,714), and the 1,500th of 3,341 in other services. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,764,133
Participants with balances221
Active participants188
Employer contributions$449,976
Employee contributions$952,093
Employer contribution per active participant$2,393
Average account balance$53,231
Benefits paid to participants$979,082
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 221 accts · $450K emplr
2023$10.0M · 219 accts · $428K emplr
2022$8.6M · 209 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,083
Investment management$32,260
Total administrative$55,343
The Orion Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$2,393
Median for plans this size$2,416
2024$2,393 per active participant
2023$2,627 per active participant
2022$1,872 per active participant

Orion Industries, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
MORGANSTANLEYSMITHBARNEYLLC · Investment advisory (participants)$32,260
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,083

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

Administrative cost history3
2024$55,343 · 0.51%
2023$46,380 · 0.50%
2022$52,031 · 0.51%
Same employer
Similar plansOther Services · Washington
Grab Technology LLC WA$12.7M · 0.29%
Car Wash Enterprises, Inc. WA$12.5M · 0.22%
Continuant, Inc. WA$11.4M · 0.39%
Seattle Tennis Club WA$10.6M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910727076 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.