Plan Ledger DOL Form 5500 · updated monthly

Pnw Metal Recycling, Inc401(k)

PNW METAL RECYCLING, INC PROFIT SHARING PLAN · CLACKAMAS, OR · plan year 2023

Reported admin expense ratio · 2023
0.65%

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

Pnw Metal Recycling, Inc reported $47,135 in plan administrative expenses for 2023: 0.65% of average plan assets, above the peer median. Employer contributions averaged $2,260 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 fell from 0.70% to 0.62%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oregon (644th of 1,021), and 3,291st of 4,246 in wholesale trade. In 2023, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,498,785
Participants with balances122
Active participants132
Employer contributions$298,274
Employee contributions$489,501
Employer contribution per active participant$2,260
Average account balance$61,465
Benefits paid to participants$1,205,661
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 126 accts · $278K emplr
2023$7.5M · 122 accts · $298K emplr
2022$7.0M · 126 accts · $287K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$14,514
Investment management$32,621
Total administrative$47,135
The Pnw Metal Recycling, Inc 401(k) match · 2023
Employer contribution per active participant$2,260
Median for plans this size$1,308
2024$2,442 per active participant
2023$2,260 per active participant
2022$2,024 per active participant

Pnw Metal Recycling, Inc's 2023 employer contribution ran above the $1,308 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 · 20232
ASCENSUS LLC · Loan processing · Recordkeeping$14,514
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$32,621

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024$46,110 · 0.62%
2023$47,135 · 0.65%
2022$49,526 · 0.70%
Similar plansWholesale Trade · Oregon
Triad Machinery, Inc. OR$10.9M · 0.02%
Mid Valley Ipa, Inc. OR$9.3M · 0.23%
Tyree Oil, Inc. OR$9.0M · 0.33%
Paramount Supply Co. OR$6.2M · 0.70%
Hardwood Industries, Inc. OR$5.8M · 0.30%
Truax Corporation OR$5.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263688938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.