Plan Ledger DOL Form 5500 · updated monthly

Life Flight Network, LLC401(k)

LIFE FLIGHT NETWORK, LLC 401(K) PLAN · AURORA, OR · plan year 2024

Reported admin expense ratio · 2024
0.35%

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

Life Flight Network, LLC reported $312,125 in plan administrative expenses for 2024: 0.35% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,254 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 0.32% to 0.35%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 105th-largest of 1,021 plans among Oregon employers on file, and the 1,108th of 11,911 in health care & social assistance. In 2024, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,087,972
Participants with balances1,139
Active participants887
Employer contributions$5,547,150
Employee contributions$8,814,956
Employer contribution per active participant$6,254
Average account balance$86,996
Benefits paid to participants$7,521,435
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.1M · 1,139 accts · $5.5M emplr
2023$80.6M · 1,150 accts · $5.1M emplr
2022$58.6M · 1,064 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$181,122
Investment management$110,723
Audit (IQPA)$20,280
Total administrative$312,125
The Life Flight Network, LLC 401(k) match · 2024
Employer contribution per active participant$6,254
Median for plans this size$3,635
2024$6,254 per active participant
2023$5,451 per active participant
2022$4,985 per active participant

Life Flight Network, LLC's 2024 employer contribution ran above the $3,635 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 · 20245
EMPOWER ADVISORY GROUP, LLC · Investment management$87,261
PRIME PENSIONS NORTHWEST LLC · Contract administrator$44,812
NORTHWEST CAPITAL MANAGEMENT, INC D · Investment advisory (plan)$23,462
BAKER TILLY US, LLP · Accounting / audit$20,280

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$312,125 · 0.35%
2023$228,619 · 0.33%
2022$193,292 · 0.32%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Grande Ronde Hospital Inc. OR$118.3M · 0.02%
Mid-Columbia Medical Center OR$101.4M · 0.15%
Eye Health Northwest, P.C. OR$92.9M · 0.13%
Ochin, Inc. OR$90.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205016802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.