Plan Ledger DOL Form 5500 · updated monthly

Delap LLP401(k)

DELAP LLP RETIREMENT PLAN · LAKE OSWEGO, OR · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Delap LLP reported $75,631 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $14,376 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 0.25% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 240th-largest of 1,021 plans among Oregon employers on file, and the 3,538th of 11,654 in professional & technical services. In 2024, the employer put in $1.20 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$36,748,417
Participants with balances171
Active participants125
Employer contributions$1,796,948
Employee contributions$1,495,917
Employer contribution per active participant$14,376
Average account balance$214,903
Benefits paid to participants$4,262,159
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.7M · 171 accts · $1.8M emplr
2023$33.1M · 160 accts · $1.6M emplr
2022$26.1M · 159 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,693
Investment management$47,938
Total administrative$75,631
The Delap LLP 401(k) match · 2024
Employer contribution per active participant$14,376
Median for plans this size$2,416
2024$14,376 per active participant
2023$13,938 per active participant
2022$12,287 per active participant

Delap LLP'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 · 20242
HUMAN INVESTING · Investment advisory (plan)$47,938
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,693

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$75,631 · 0.22%
2023$69,785 · 0.24%
2022$69,240 · 0.25%
Same employer
Similar plansProfessional & Technical Services · Oregon
Otak Inc. OR$44.9M · 0.38%
Cascade Energy, Inc. OR$43.3M · 0.01%
Oregon Research Institute OR$42.3M · 0.20%
Opus Solutions, LLC OR$36.1M · 0.32%
Dks Associates OR$32.2M · 0.19%
Galois, Inc. OR$30.9M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930418710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.