Plan Ledger DOL Form 5500 · updated monthly

Albina Head Start Incorporated401(k)

ALBINA HEAD START PENSION PLAN · PORTLAND, OR · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Albina Head Start Incorporated reported $1,634 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,390 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 1 year on file its reported administrative ratio rose from 0.03% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (749th of 1,021), and 7,829th of 11,911 in health care & social assistance. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,151,322
Participants with balances222
Active participants207
Employer contributions$287,661
Employee contributions$540,468
Employer contribution per active participant$1,390
Average account balance$23,204
Benefits paid to participants$280,677
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.2M · 222 accts · $288K emplr
2022$3.7M · 216 accts · $32K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,634
Total administrative$1,634
The Albina Head Start Incorporated 401(k) match · 2023
Employer contribution per active participant$1,390
Median for plans this size$1,308
2023$1,390 per active participant
2022$159 per active participant

Albina Head Start Incorporated's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$1,633

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

Administrative cost history2
2023$1,634 · 0.04%
2022$1,204 · 0.03%
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 921069936 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.