Plan Snapshot
- Plan Sponsor: Northwest Pump & Equipment Co.
- Sponsor EIN: 930480429
- Sponsor Address: 2800 NW 31ST AVE, PORTLAND, OR, 97210
- Plan Type: 401(k)
- Total Participants: 385
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 385 | $22.9M | $233,180 | $1.8M |
| 2023 | 257 | $24.2M | $210,552 | $1.7M |
| 2022 | 234 | $27.2M | $197,311 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $44,220 | — | $44,220 |
| USI ADVISORS | INVESTMENT ADVISOR | $12,500 | — | $12,500 |
| TALBOT, KORVOLA & WARWICK, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- TALBOT, KORVOLA & WARWICK, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,720
- Estimated Expense Ratio: 0.247% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $56,720 | — | — | — | — |
| 2023 | $59,866 | — | — | — | — |
| 2022 | $91,550 | — | — | — | — |