Plan Ledger DOL Form 5500 · updated monthly

Bank of Eastern Oregon401(k) + ESOP (KSOP)

BANK OF EASTERN OREGON 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN · HEPPNER, OR · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Bank of Eastern Oregon reported $111,496 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $10,897 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 286th-largest of 1,021 plans among Oregon employers on file, and 2,471st of 4,798 in finance & insurance. In 2024, the employer put in $1.65 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$28,796,733
Participants with balances199
Active participants157
Employer contributions$1,710,803
Employee contributions$1,035,027
Employer contribution per active participant$10,897
Average account balance$144,707
Benefits paid to participants$1,444,753
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 199 accts · $1.7M emplr
2023$23.7M · 241 accts · $1.6M emplr
2022$21.5M · 235 accts · $772K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,211
Investment management$54,285
Total administrative$111,496
The Bank of Eastern Oregon 401(k) match · 2024
Employer contribution per active participant$10,897
Median for plans this size$2,416
2024$10,897 per active participant
2023$10,959 per active participant
2022$5,250 per active participant

Bank of Eastern Oregon's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20243
BENEFIT PLAN ADMIN SERVICES · Pension consulting · Investment advisory (plan)$57,211
CAP FINANCIAL PARTNERS, LLC · Trustee$41,588
TRUTINA FINANCIAL · Trustee$12,697

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

Administrative cost history3
2024$111,496 · 0.42%
2023$101,633 · 0.45%
2022$95,446 · 0.44%
Same employer
Similar plansFinance & Insurance · Oregon
The Partners Group, LTD OR$37.0M · 0.02%
Advantis Credit Union OR$30.9M · 0.22%
Citizens Bank OR$28.3M · 0.29%
Genesis Financial Solutions OR$26.6M · 0.40%
Precoa, LLC OR$25.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930326895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.