Plan Ledger DOL Form 5500 · updated monthly

Cornell-Hart Pension Plan Board of Trustees401(k)

CORNELL-HART PENSION PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.43%

Cornell-Hart Pension Plan Board of Trustees reported $417,262 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. 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 0.47% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 100th-largest of 1,021 plans among Oregon employers on file, and the 601st of 5,337 in construction.

Plan summary
Net assets, end of year$101,906,927
Participants with balances1,793
Active participants1,685
Employer contributions—
Employee contributions$10,525,527
Employer contribution per active participant—
Average account balance$56,836
Benefits paid to participants$5,695,359
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$101.9M · 1,793 accts
2023$91.8M · 1,661 accts
2022$72.4M · 1,622 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,141
Investment management$221,181
Audit (IQPA)$10,120
Total administrative$417,262
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 · 20245
FERGUSON WELLMAN CAPITAL MANAGEMENT · Investment advisory (plan) · Investment management$116,541
BENESYS, INC. · Contract administrator$42,060
PLATFORM CPAS LLP · Accounting / audit$10,120
BROWNSTEIN RASK LLP · Legal$7,556

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$417,262 · 0.43%
2023$373,972 · 0.46%
2022$336,977 · 0.47%
Similar plansConstruction · Oregon
Walsh Construction Co. OR$158.7M · 0.03%
Fortis Construction Inc. OR$66.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930747524 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.