Plan Ledger DOL Form 5500 · updated monthly

Foodcorps, Inc.401(k)

FOODCORPS, INC. 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Foodcorps, Inc. reported $57,689 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $3,198 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Oregon (602nd of 1,021), and 2,203rd of 3,091 in educational services. In 2024, employees put in $2.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,808,539
Participants with balances166
Active participants100
Employer contributions$319,754
Employee contributions$955,503
Employer contribution per active participant$3,198
Average account balance$53,063
Benefits paid to participants$1,026,169
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,314
Investment management$28,375
Total administrative$57,689
The Foodcorps, Inc. 401(k) match · 2024
Employer contribution per active participant$3,198
Median for plans this size$1,313

Foodcorps, Inc.'s 2024 employer contribution ran above the $1,313 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
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$29,314
NFP RETIREMENT INC · Investment advisory (plan)$28,375

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

Administrative cost history1
2024$57,689 · 0.71%
Similar plansEducational Services · Oregon
Head Start of Lane County OR$12.9M · 0.30%
Multnomah University OR$8.6M · 0.37%
Western Seminary OR$5.3M · 0.55%
Serendipity Center, Inc. OR$5.0M · 0.76%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 273990987 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.