Plan Ledger DOL Form 5500 · updated monthly

Ssi Shredding Systems, Inc.401(k)

SSI SHREDDING SYSTEMS, INC. 401(K) SAVINGS PLAN · WILSONVILLE, OR · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Ssi Shredding Systems, Inc. reported $24,521 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.37% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 417th-largest of 1,021 plans among Oregon employers on file, and 6,911th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$15,619,237
Participants with balances175
Active participants168
Employer contributions$0
Employee contributions$736,374
Employer contribution per active participant$0
Average account balance$89,253
Benefits paid to participants$730,007
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.6M · 175 accts
2023$13.6M · 180 accts
2022$11.8M · 152 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,042
Trustee / custodial$4,479
Total administrative$24,521
The Ssi Shredding Systems, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Ssi Shredding Systems, 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 · 20241
NW INVESTMENT CONSULTING DBA NWPS · Recordkeeping · Consulting$20,042

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$24,521 · 0.17%
2023$25,507 · 0.20%
2022$45,798 · 0.37%
Same employer
Similar plansManufacturing · Oregon
Nosler, Inc. OR$16.4M · 0.47%
Pep Printing, Inc. OR$16.2M · 0.52%
Apcon, Inc. OR$16.2M · 0.44%
Emerging Acquisitions LLC OR$15.0M · 0.42%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 930778858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.