Plan Ledger DOL Form 5500 · updated monthly

Powell's Books, Inc.401(k)

POWELL'S BOOKS RETIREMENT 401(K) AND SAVINGS PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Powell's Books, Inc. reported $135,210 in plan administrative expenses for 2024: 0.46% of average plan assets, above the peer median. Employer contributions averaged $956 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 0.49% to 0.46%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 272nd-largest of 1,021 plans among Oregon employers on file, and the 1,012th of 5,215 in retail trade. In 2024, employees put in $3.04 for every $1.00 the employer contributed; active participation has grown from 273 to 312 since 2022.

Plan summary
Net assets, end of year$30,505,797
Participants with balances421
Active participants312
Employer contributions$298,318
Employee contributions$906,647
Employer contribution per active participant$956
Average account balance$72,460
Benefits paid to participants$2,686,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.5M · 421 accts · $298K emplr
2023$28.6M · 431 accts · $249K emplr
2022$24.8M · 426 accts · $220K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$79,547
Audit (IQPA)$55,663
Total administrative$135,210
The Powell's Books, Inc. 401(k) match · 2024
Employer contribution per active participant$956
Median for plans this size$2,416
2024$956 per active participant
2023$852 per active participant
2022$807 per active participant

Powell's Books, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$79,542
SAGEVIEW ADVISORY GROUP, LLC · Accounting / audit$55,663
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$135,210 · 0.46%
2023$129,010 · 0.48%
2022$113,646 · 0.49%
Same employer
Similar plansRetail Trade · Oregon
Market of Choice, Inc. OR$39.0M · 0.52%
Grand & Benedicts, Inc. OR$29.5M · 0.00%
Miller Paint Co. OR$27.8M · 0.03%
Lanphere Enterprises, Inc. OR$27.5M · 0.38%
Hanna Andersson, LLC OR$23.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930794762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.