Plan Ledger DOL Form 5500 · updated monthly

Albertina Kerr Centers401(k)

ALBERTINA KERR CENTERS 401(K) RETIREMENT SAVINGS PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Albertina Kerr Centers reported $45,191 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $565 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 0.37%. 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 481st-largest of 1,021 plans among Oregon employers on file, and the 4,980th of 11,911 in health care & social assistance. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 484 to 589 since 2022.

Plan summary
Net assets, end of year$12,701,623
Participants with balances352
Active participants589
Employer contributions$332,967
Employee contributions$683,239
Employer contribution per active participant$565
Average account balance$36,084
Benefits paid to participants$815,035
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.7M · 352 accts · $333K emplr
2023$11.4M · 305 accts · $424K emplr
2022$9.9M · 319 accts · $420K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,558
Investment management$18,633
Total administrative$45,191
The Albertina Kerr Centers 401(k) match · 2024
Employer contribution per active participant$565
Median for plans this size$2,416
2024$565 per active participant
2023$909 per active participant
2022$868 per active participant

Albertina Kerr Centers's 2024 employer contribution ran below the $2,416 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 · 20242
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$26,558
MORGAN STANLEY GLOBAL · Investment advisory (plan)$18,633

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$45,191 · 0.37%
2023$62,542 · 0.59%
2022$57,983 · 0.57%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Sante Operations, LLC OR$12.0M · 1.36%
Columbia Care Services Inc OR$11.9M · 0.88%
The Springs Living, LLC OR$11.8M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930386780 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.