Plan Ledger DOL Form 5500 · updated monthly

Legitscript, LLC401(k)

LEGITSCRIPT 401(K) PROFIT SHARING PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Legitscript, LLC reported $34,713 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $3,663 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 0.23% to 0.28%. 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 454th-largest of 1,021 plans among Oregon employers on file, and 6,782nd of 11,654 in professional & technical services. In 2024, employees put in $2.50 for every $1.00 the employer contributed; active participation has grown from 197 to 218 since 2022.

Plan summary
Net assets, end of year$14,157,476
Participants with balances282
Active participants218
Employer contributions$798,622
Employee contributions$1,996,826
Employer contribution per active participant$3,663
Average account balance$50,204
Benefits paid to participants$962,675
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 282 accts · $799K emplr
2023$10.5M · 279 accts · $725K emplr
2022$6.9M · 249 accts · $566K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,616
Investment management$4,097
Total administrative$34,713
The Legitscript, LLC 401(k) match · 2024
Employer contribution per active participant$3,663
Median for plans this size$2,416
2024$3,663 per active participant
2023$3,138 per active participant
2022$2,875 per active participant

Legitscript, LLC's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$30,616

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$34,713 · 0.28%
2023$22,516 · 0.26%
2022$15,038 · 0.23%
Same employer
Similar plansProfessional & Technical Services · Oregon
Sheerid OR$15.3M · 0.08%
Aspen Ml LLC OR$14.7M · 0.22%
Act-On Software, Inc. OR$14.0M · 0.18%
Zrt Laboratory, LLC OR$12.9M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 562656515 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.