T.r.a. Industries, Inc. DBA Huntwood Industries 401(k) Review & Grade
Huntwood Industries 401(k) Plan
Liberty Lake, WAManufacturing502 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$534Employer $ per active participant
$1,682Employee $ saved per active participant
1.17%Direct admin cost, % of plan assets
$5.2MNet plan assets, end of year
$16,471Average balance per account
Score breakdown
- Employer generosity3.7 / 507th percentile for employer $ per participant
- Low cost1.2 / 255th percentile for low admin cost vs. same-size plans
- Employee saving1.3 / 158th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score6 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 7th |
| Lower admin cost | 5th |
| Employee saving | 8th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- T.r.a. Industries, Inc. DBA Huntwood Industries put in about $534 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (1.17% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $267,929 |
| Participant (employee) contributions | $843,293 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $53,285 |
| Benefits paid out | $247,297 |
| Net assets, start / end of year | $3.9M / $5.2M |
| Active participants, start / end of year | 492 / 511 |
| Participants with account balances | 314 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Alpine Summit Cpas |
Largest service providers (Schedule C)
| Lincoln National Corporation | $19,163 reported compensation |
| Wells Fargo Advisors | $16,936 reported compensation |
| Professional Benefit Services | $14,805 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250623142823NAL0003591507001, received 2025-06-23, EIN 91-1407983, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.