Plan Ledger DOL Form 5500 · updated monthly

Advocates for Life Skills and Op401(k)

ALSO 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
1.80%

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

Advocates for Life Skills and Op reported $83,247 in plan administrative expenses for 2024: 1.80% of average plan assets, higher than ~90% of peers. Employer contributions averaged $812 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 rose from 1.61% to 1.80%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (752nd of 1,021), and 7,887th of 11,911 in health care & social assistance. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 264 to 555 since 2022.

Plan summary
Net assets, end of year$5,046,793
Participants with balances418
Active participants555
Employer contributions$450,411
Employee contributions$711,309
Employer contribution per active participant$812
Average account balance$12,074
Benefits paid to participants$792,029
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.0M · 418 accts · $450K emplr
2023$4.2M · 468 accts · $410K emplr
2022$3.3M · 418 accts · $357K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,660
Investment management$18,587
Total administrative$83,247
The Advocates for Life Skills and Op 401(k) match · 2024
Employer contribution per active participant$812
Median for plans this size$1,313
2024$812 per active participant
2023$1,433 per active participant
2022$1,354 per active participant

Advocates for Life Skills and Op's 2024 employer contribution ran below the $1,313 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.

Service providers · 20242
ADP, INC. · Recordkeeping$64,660
OPPORTUNUS WEALTH MGT LLC DBA RETIR · Recordkeeping · Trustee$18,587

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, OPPORTUNUS WEALTH MGT LLC DBA RETIR
2023ADP, OPPORTUNUS WEALTH MGT LLC DBA RETIR

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$83,247 · 1.80%
2023$65,779 · 1.75%
2022$54,467 · 1.61%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
St. Mary's Home OR$5.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931234625 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.