Plan Ledger DOL Form 5500 · updated monthly

Concora Credit Inc.401(k)

CONCORA CREDIT INC 401(K) PLAN · BEAVERTON, OR · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Concora Credit Inc. reported $158,559 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $2,835 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 has held roughly steady near 0.41%. 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 207th-largest of 1,021 plans among Oregon employers on file, and the 1,866th of 4,798 in finance & insurance. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,958,702
Participants with balances572
Active participants727
Employer contributions$2,061,385
Employee contributions$3,701,791
Employer contribution per active participant$2,835
Average account balance$75,103
Benefits paid to participants$2,550,959
Plan auditUnmodified (clean) audit opinion
AuditorDELAP, LLP
Plan history2
Yearassets · accounts · employer contribution
2024$43.0M · 572 accts · $2.1M emplr
2023$34.0M · 528 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$158,559
Total administrative$158,559
The Concora Credit Inc. 401(k) match · 2024
Employer contribution per active participant$2,835
Median for plans this size$2,416
2024$2,835 per active participant
2023$2,192 per active participant

Concora Credit 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$158,558
USI ADVISORS, INC. · Investment advisory (plan)indirect comp

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

Administrative cost history2
2024$158,559 · 0.41%
2023$128,010 · 0.42%
Same employer
Similar plansFinance & Insurance · Oregon
Aaa Oregon/Idaho OR$51.4M · 0.13%
Oregon State Credit Union OR$47.0M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 201723773 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.