Plan Ledger DOL Form 5500 · updated monthly

Pipeworks Inc401(k)

PIPEWORKS 401K PLAN · EUGENE, OR · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Pipeworks Inc reported $1,596 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,409 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Oregon (516th of 1,021), and 7,629th of 11,654 in professional & technical services. In 2024, employees put in $4.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,200,191
Participants with balances175
Active participants188
Employer contributions$264,869
Employee contributions$1,192,244
Employer contribution per active participant$1,409
Average account balance$64,001
Benefits paid to participants$475,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.2M · 175 accts · $265K emplr
2023$8.4M · 160 accts · $238K emplr
2022$5.8M · 145 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,596
Total administrative$1,596
The Pipeworks Inc 401(k) match · 2024
Employer contribution per active participant$1,409
Median for plans this size$1,313
2024$1,409 per active participant
2023$1,241 per active participant

Pipeworks Inc's 2024 employer contribution ran above the $1,313 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$1,596

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$1,596 · 0.02%
2023$625 · 0.01%
2022$539 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Oregon
Quatris Healthco, LLC OR$12.4M · 0.34%
Peaberry Software, Inc OR$11.7M · 0.20%
Rfpio, Inc. OR$11.3M · 0.28%
Concept Systems, Inc. OR$11.0M · 0.56%
Mason, Bruce & Girard, Inc. OR$10.9M · 0.47%
Oregon Law Center OR$10.9M · 0.02%
Convergence Networks, Inc. OR$10.5M · 0.45%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 471459520 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.