Plan Ledger DOL Form 5500 · updated monthly

The Odom Corporation401(k)

THE ODOM CORPORATION SALARY SAVINGS PLAN · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

The Odom Corporation reported $189,885 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $1,393 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 0.156%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 142nd-largest of 1,714 plans among Washington employers on file, and the 345th of 4,246 in wholesale trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 1,811 to 2,316 since 2022.

Plan summary
Net assets, end of year$126,572,455
Participants with balances1,745
Active participants2,316
Employer contributions$3,227,304
Employee contributions$5,935,190
Employer contribution per active participant$1,393
Average account balance$72,534
Benefits paid to participants$18,133,400
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$126.6M · 1,745 accts · $3.2M emplr
2023$117.4M · 1,588 accts · $3.0M emplr
2022$101.9M · 1,569 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$99,055
Investment management$35,000
Audit (IQPA)$26,818
Trustee / custodial$28,263
Total administrative$189,885
The The Odom Corporation 401(k) match · 2024
Employer contribution per active participant$1,393
Median for plans this size$3,635
2024$1,393 per active participant
2023$1,455 per active participant
2022$1,547 per active participant

The Odom Corporation's 2024 employer contribution ran below the $3,635 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 · 20244
NORTHWEST PLAN SERVICES · Recordkeeping · Loan processing$99,055
PACIFIC PORTFOLIO CONSULTING · Investment advisory (plan)$35,000
CHARLES SCHWAB BANK · Custodial (securities)$28,263
GRANT THORNTON LLP · Accounting / audit$26,818

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$189,885 · 0.16%
2023$183,389 · 0.17%
2022$176,830 · 0.16%
Same employer
Similar plansWholesale Trade · Washington
Sanmar Corporation WA$204.3M · 0.13%
Gensco, Inc. WA$153.8M · 0.11%
H. D. Fowler Company, Inc. WA$111.3M · 0.08%
Kongsberg Maritime, Inc. WA$95.4M · 0.18%
West Coast Paper Company WA$87.6M · 0.19%
Metrie Inc. WA$84.9M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 910896486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.