Plan Ledger DOL Form 5500 · updated monthly

Collegenet, Inc.401(k)

COLLEGENET 401(K) PROFIT SHARING PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Collegenet, Inc. reported $1,424 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,922 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 0.006% to 0.005%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 291st-largest of 1,021 plans among Oregon employers on file, and the 811th of 2,199 in information & media. In 2024, employees put in $3.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,559,741
Participants with balances157
Active participants117
Employer contributions$458,904
Employee contributions$1,501,818
Employer contribution per active participant$3,922
Average account balance$181,909
Benefits paid to participants$1,883,240
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.6M · 157 accts · $459K emplr
2023$24.7M · 161 accts · $445K emplr
2022$20.0M · 160 accts · $438K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,424
Total administrative$1,424
The Collegenet, Inc. 401(k) match · 2024
Employer contribution per active participant$3,922
Median for plans this size$2,416
2024$3,922 per active participant
2023$3,449 per active participant
2022$3,531 per active participant

Collegenet, Inc.'s 2024 employer contribution ran above the $2,416 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. · Loan processing · Recordkeeping$1,424
ADP BROKER-DEALERindirect comp

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
2023ADP

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

Administrative cost history3
2024$1,424 · 0.01%
2023$915 · 0.00%
2022$1,340 · 0.01%
Same employer
Similar plansInformation & Media · Oregon
Cascade Utilities, Inc. OR$35.9M · 0.17%
Alpha Media, LLC OR$34.1M · 0.50%
Jama Software, Inc OR$30.2M · 0.39%
Procare Software LLC OR$26.8M · 0.29%
Revinate LLC OR$23.3M · 0.29%
Blackstone Audio OR$15.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930692796 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.