Plan Ledger DOL Form 5500 · updated monthly

Port Townsend Paper Corporation401(k)

PORT TOWNSEND PAPER CORP. RETIREMENT SAVINGS AND INVESTMENT PLAN AND TRUST · PORT TOWNSEND, WA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Port Townsend Paper Corporation reported $135,379 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $6,092 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 0.214%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 270th-largest of 1,714 plans among Washington employers on file, and the 2,645th of 13,661 in manufacturing. In 2024, employees put in $1.21 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$63,864,372
Participants with balances380
Active participants306
Employer contributions$1,864,275
Employee contributions$2,259,478
Employer contribution per active participant$6,092
Average account balance$168,064
Benefits paid to participants$11,299,991
Plan auditUnmodified (clean) audit opinion
AuditorSMITH BUNDAY BERMAN BRITTON, P.S.
Plan history3
Yearassets · accounts · employer contribution
2024$63.9M · 380 accts · $1.9M emplr
2023$62.9M · 395 accts · $1.8M emplr
2022$56.1M · 390 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$47,467
Investment management$26,000
Audit (IQPA)$34,259
Trustee / custodial$27,653
Total administrative$135,379
The Port Townsend Paper Corporation 401(k) match · 2024
Employer contribution per active participant$6,092
Median for plans this size$3,635
2024$6,092 per active participant
2023$5,684 per active participant
2022$4,927 per active participant

Port Townsend Paper Corporation's 2024 employer contribution ran above the $3,635 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 · 20244
NORTHWEST PLAN SERVICES · Recordkeeping · Pension consulting$47,467
SMITH BUNDAY PERMAN BRITTON, P.S. · Accounting / audit$34,259
MATRIX TRUST COMPANY · Custodial (securities) · Trustee$27,653
LUCID ADVISORS, INC. · Investment advisory (plan) · Investment advisory (participants)$26,000

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

Recordkeeper by year2
2024NWPS
2023NWPS

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

Administrative cost history3
2024$135,379 · 0.21%
2023$115,573 · 0.19%
2022$132,959 · 0.21%
Same employer
Similar plansManufacturing · Washington
Impinj, Inc. WA$71.1M · 0.20%
Nlight, Inc. WA$69.4M · 0.25%
Oberto Snacks Inc. WA$66.6M · 0.25%
Twin City Foods, Inc. WA$63.4M · 0.13%
Norpac Resources, LLC WA$60.7M · 0.19%
Zetron, Inc. WA$60.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911226624 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.