Plan Ledger DOL Form 5500 · updated monthly

Impact Nw401(k)

IMPACT NW 401(K) PROFIT SHARING PLAN & TRUST · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.85%

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

Impact Nw reported $28,337 in plan administrative expenses for 2024: 0.85% of average plan assets, higher than ~75% of peers. Employer contributions averaged $463 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 rose from 0.72% to 0.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (820th of 1,021), and 8,791st of 11,911 in health care & social assistance. In 2024, employees put in $3.46 for every $1.00 the employer contributed; active participation has shrunk from 457 to 246 since 2022.

Plan summary
Net assets, end of year$3,659,057
Participants with balances365
Active participants246
Employer contributions$113,975
Employee contributions$394,588
Employer contribution per active participant$463
Average account balance$10,025
Benefits paid to participants$235,403
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7M · 365 accts · $114K emplr
2023$3.0M · 329 accts · $100K emplr
2022$2.4M · 275 accts · $73K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,578
Investment management$15,759
Total administrative$28,337
The Impact Nw 401(k) match · 2024
Employer contribution per active participant$463
Median for plans this size$1,313
2024$463 per active participant
2023$193 per active participant
2022$160 per active participant

Impact Nw's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
PAYCHEX, INC. · Recordkeeping$11,445
GLOBAL RETIREMENT PARTNERS · Investment advisory (participants)$15,759

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

Recordkeeper by year2
2024Paychex
2023GLOBAL RETIREMENT PARTNERS, LLC, Paychex

This plan has changed recordkeepers within these filings. If you left Impact Nw before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$28,337 · 0.85%
2023$22,161 · 0.83%
2022$17,997 · 0.72%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Fora Health, Inc. OR$4.4M · 0.37%
Transition Projects, Inc. OR$4.3M · 0.57%
Mv Advancements OR$4.1M · 0.36%
Community Access Services OR$3.5M · 0.06%
Family Help and Wellness OR$2.9M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930557964 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.