Plan Ledger DOL Form 5500 · updated monthly

Caring Places Management401(k)

CARING PLACES MANAGEMENT 401(K) PROFIT SHARING PLAN AND TRUST · FOSTER GROVE, OR · plan year 2024

Reported admin expense ratio · 2024
2.42%

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

Caring Places Management reported $124,116 in plan administrative expenses for 2024: 2.42% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,236 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 2.86% to 2.42%. 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 (733rd of 1,021), and 7,644th of 11,911 in health care & social assistance. In 2024, employees put in $1.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,465,172
Participants with balances885
Active participants644
Employer contributions$795,700
Employee contributions$895,520
Employer contribution per active participant$1,236
Average account balance$6,175
Benefits paid to participants$1,463,612
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 885 accts · $796K emplr
2023$4.8M · 1,025 accts · $619K emplr
2022$3.3M · 736 accts · $477K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,204
Investment management$13,459
Audit (IQPA)$7,500
Total administrative$124,116
The Caring Places Management 401(k) match · 2024
Employer contribution per active participant$1,236
Median for plans this size$1,313
2024$1,236 per active participant
2023$829 per active participant
2022$744 per active participant

Caring Places Management'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 · 20244
FOSTER & WOOD INC DBA FOSTER & WOOD · Investment advisory (plan)$12,099
JASON E UNDERWOOD CPA LLC · Accounting / audit$7,500
EMPOWER ADVISORY GROUP, LLC · Investment management$1,360

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$124,116 · 2.42%
2023$74,477 · 1.84%
2022$97,249 · 2.86%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
New Narrative OR$5.7M · 0.64%
Terwilliger Plaza, Inc. OR$5.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261434249 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.