Plan Ledger DOL Form 5500 · updated monthly

Pacific Air Switch Corporation401(k)

TRAVIS COMPANIES RETIREMENT PLAN · FOREST GROVE, OR · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Pacific Air Switch Corporation reported $79,154 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,913 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 0.417%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 362nd-largest of 1,021 plans among Oregon employers on file, and the 5,914th of 13,661 in manufacturing. In 2024, employees put in $1.56 for every $1.00 the employer contributed; active participation has grown from 379 to 463 since 2022.

Plan summary
Net assets, end of year$20,138,184
Participants with balances353
Active participants463
Employer contributions$885,583
Employee contributions$1,383,610
Employer contribution per active participant$1,913
Average account balance$57,049
Benefits paid to participants$2,404,486
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.1M · 353 accts · $886K emplr
2023$17.8M · 314 accts · $776K emplr
2022$14.8M · 275 accts · $645K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,487
Investment management$28,667
Total administrative$79,154
The Pacific Air Switch Corporation 401(k) match · 2024
Employer contribution per active participant$1,913
Median for plans this size$2,416
2024$1,913 per active participant
2023$1,864 per active participant
2022$1,701 per active participant

Pacific Air Switch Corporation'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 · 20243
JOHN HANCOCK USA · Recordkeeping · Investment management$794
MERIT FINANCIAL GROUP, LLC · Investment advisory (participants)$24,169
LPL FINANCIAL LLC - RPCP · Investment advisory (participants)$4,499

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$79,154 · 0.42%
2023$70,562 · 0.43%
2022$66,854 · 0.42%
Similar plansManufacturing · Oregon
Calbag Metals Company OR$23.4M · 0.13%
Powin Energy Operating LLC OR$23.1M · 0.70%
Yakima Products, Inc. OR$19.2M · 0.33%
East West Tea Company, LLC OR$17.9M · 0.39%
States Industries, LLC OR$17.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931000983 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.