Plan Ledger DOL Form 5500 · updated monthly

Leadventure401(k)

LEADVENTURE 401(K) SAVINGS PLAN · LAKE OSWEGO, OR · plan year 2024

Employer contribution per participant · 2024
$2,239

Leadventure's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $51,046,252 across 912 participant accounts, with employer contributions averaging $2,239 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio fell from 0.32% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 180th-largest of 1,021 plans among Oregon employers on file, and the 509th of 2,199 in information & media. In 2024, employees put in $2.90 for every $1.00 the employer contributed; active participation has shrunk from 830 to 713 since 2022.

Plan summary
Net assets, end of year$51,046,252
Participants with balances912
Active participants713
Employer contributions$1,596,602
Employee contributions$4,629,119
Employer contribution per active participant$2,239
Average account balance$55,972
Benefits paid to participants$4,526,317
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$51.0M · 912 accts · $1.6M emplr
2023$42.6M · 1,134 accts · $1.7M emplr
2022$31.7M · 1,018 accts · $1.6M emplr
The Leadventure 401(k) match · 2024
Employer contribution per active participant$2,239
Median for plans this size$2,416
2024$2,239 per active participant
2023$2,152 per active participant
2022$1,951 per active participant

Leadventure'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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$118,564

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

Administrative cost history3
2024Not separately reported
2023$104,178 · 0.28%
2022$102,944 · 0.32%
Same employer
Similar plansInformation & Media · Oregon
Laika, LLC OR$64.6M · 0.14%
Oregon Public Broadcasting OR$51.2M · 0.08%
Cascade Utilities, Inc. OR$35.9M · 0.17%
Alpha Media, LLC OR$34.1M · 0.50%
Jama Software, Inc OR$30.2M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391388360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.