Plan Ledger DOL Form 5500 · updated monthly

Adapt401(k)

ADAPT 401(K) PROFIT SHARING PLAN & TRUST · ROSEBURG, OR · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

Adapt reported $91,148 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $3,026 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 0.57% to 0.45%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 338th-largest of 1,021 plans among Oregon employers on file, and the 3,370th of 11,911 in health care & social assistance. In 2024, employees put in $1.28 for every $1.00 the employer contributed; active participation has grown from 412 to 494 since 2022.

Plan summary
Net assets, end of year$22,753,381
Participants with balances597
Active participants494
Employer contributions$1,494,680
Employee contributions$1,909,956
Employer contribution per active participant$3,026
Average account balance$38,113
Benefits paid to participants$1,897,030
Plan auditUnmodified (clean) audit opinion
AuditorWICKS EMMETT LLP
Plan history3
Yearassets · accounts · employer contribution
2024$22.8M · 597 accts · $1.5M emplr
2023$18.0M · 616 accts · $1.4M emplr
2022$13.5M · 529 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,554
Investment management$61,440
Trustee / custodial$860
Total administrative$91,148
The Adapt 401(k) match · 2024
Employer contribution per active participant$3,026
Median for plans this size$2,416
2024$3,026 per active participant
2023$2,772 per active participant
2022$2,694 per active participant

Adapt's 2024 employer contribution ran above the $2,416 median for plans its size. 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.

Administrative cost history3
2024$91,148 · 0.45%
2023$76,198 · 0.48%
2022$80,722 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Silver Falls Mso, LLC OR$28.6M · 0.54%
One Community Health OR$19.8M · 0.37%
Interpath Laboratory, Inc. OR$19.8M · 0.31%
Northwest Human Services OR$19.6M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930611783 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.