Plan Ledger DOL Form 5500 · updated monthly

Immigrant and Refugee Community Organization401(k)

IRCO PROFIT SHARING PLAN & TRUST · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Immigrant and Refugee Community Organization reported $55,093 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $1,557 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 0.80% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 379th-largest of 1,021 plans among Oregon employers on file, and the 1,112th of 3,341 in other services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 524 to 713 since 2022.

Plan summary
Net assets, end of year$18,498,184
Participants with balances533
Active participants713
Employer contributions$1,109,927
Employee contributions$1,606,030
Employer contribution per active participant$1,557
Average account balance$34,706
Benefits paid to participants$2,040,652
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$18.5M · 533 accts · $1.1M emplr
2023$15.4M · 545 accts · $1.0M emplr
2022$11.1M · 505 accts · $821K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,093
Investment management$13,000
Total administrative$55,093
The Immigrant and Refugee Community Organization 401(k) match · 2024
Employer contribution per active participant$1,557
Median for plans this size$2,416
2024$1,557 per active participant
2023$1,798 per active participant
2022$1,567 per active participant

Immigrant and Refugee Community Organization's 2024 employer contribution ran below 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 · 20243
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Participant communicationindirect comp
MULTNOMAH GROUP INC · Investment advisory (plan)$13,000

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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

Administrative cost history3
2024$55,093 · 0.32%
2023$50,869 · 0.38%
2022$81,437 · 0.80%
Same employer
Similar plansOther Services · Oregon
Oregon Community Foundation OR$21.5M · 0.01%
The Oregon Humane Society OR$19.6M · 0.26%
Chinook Winds Casino OR$19.3M · 0.04%
Relay Resources OR$14.7M · 0.37%
Rogue Community Health OR$13.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930806295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.