Plan Ledger DOL Form 5500 · updated monthly

Pacific Woodtech Corporation401(k)

PACIFIC WOODTECH CORPORATION 401(K) PLAN · BURLINGTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Pacific Woodtech Corporation reported $21,654 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,758 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 rose from 0.06% to 0.09%. 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 572nd-largest of 1,714 plans among Washington employers on file, and the 4,835th of 13,661 in manufacturing. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 424 to 467 since 2022.

Plan summary
Net assets, end of year$27,206,203
Participants with balances519
Active participants467
Employer contributions$1,287,820
Employee contributions$2,369,953
Employer contribution per active participant$2,758
Average account balance$52,420
Benefits paid to participants$3,564,833
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 519 accts · $1.3M emplr
2023$22.9M · 484 accts · $1.2M emplr
2022$17.1M · 446 accts · $995K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,513
Investment management$10,141
Total administrative$21,654
The Pacific Woodtech Corporation 401(k) match · 2024
Employer contribution per active participant$2,758
Median for plans this size$2,416
2024$2,758 per active participant
2023$2,608 per active participant
2022$2,347 per active participant

Pacific Woodtech Corporation's 2024 employer contribution ran above 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,513
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$10,141

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$21,654 · 0.09%
2023$19,045 · 0.10%
2022$9,869 · 0.06%
Same employer
Similar plansManufacturing · Washington
The Noel Corporation WA$27.9M · 0.36%
Obi Seafoods, LLC WA$27.5M · 0.34%
Microvision, Inc. WA$25.8M · 0.04%
Ocean Beauty Seafoods LLC WA$25.4M · 0.18%
Commercial Creamery Company WA$23.1M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911871098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.