Plan Ledger DOL Form 5500 · updated monthly

Sawstop, LLC401(k)

SAWSTOP 401(K) PLAN · TUALATIN, 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

Sawstop, LLC reported $1,725 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,214 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 has held roughly steady near 0.024%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (625th of 1,021), and 9,678th of 13,661 in manufacturing. In 2024, employees put in $2.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,008,595
Participants with balances122
Active participants103
Employer contributions$434,007
Employee contributions$1,017,923
Employer contribution per active participant$4,214
Average account balance$65,644
Benefits paid to participants$1,042,421
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.0M · 122 accts · $434K emplr
2023$6.5M · 135 accts · $414K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,725
Total administrative$1,725
The Sawstop, LLC 401(k) match · 2024
Employer contribution per active participant$4,214
Median for plans this size$1,313
2024$4,214 per active participant
2023$3,904 per active participant

Sawstop, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$1,725

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

Administrative cost history2
2024$1,725 · 0.02%
2023$1,275 · 0.02%
Same employer
Similar plansManufacturing · Oregon
Vips Industries Inc OR$8.1M · 0.55%
Darex, LLC OR$8.0M · 0.45%
Ideal Steel, Inc. OR$7.8M · 0.40%
Turtle Island Foods, Spc OR$7.8M · 0.87%
Marathon Coach, Inc. OR$7.8M · 0.73%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 931300197 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.