Plan Ledger DOL Form 5500 · updated monthly

Linfield University403(b)

LINFIELD UNIVERSITY DEFINED CONTRIBTUION RETIREMENT PLAN · MCMINNVILLE, OR · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Linfield University reported $136,544 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $1,377 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 0.08% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 84th-largest of 1,021 plans among Oregon employers on file, and the 408th of 3,091 in educational services. In 2024, employees put in $2.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$135,280,304
Participants with balances950
Active participants503
Employer contributions$692,385
Employee contributions$1,723,170
Employer contribution per active participant$1,377
Average account balance$142,400
Benefits paid to participants$8,230,123
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$135.3M · 950 accts · $692K emplr
2023$126.9M · 928 accts · $640K emplr
2022$117.7M · 906 accts · $651K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,544
Total administrative$136,544
Employer contributions to the Linfield University plan · 2024
Employer contribution per active participant$1,377
Median for plans this size$3,635
2024$1,377 per active participant
2023$1,298 per active participant
2022$1,368 per active participant

Linfield University's 2024 employer contribution ran below the $3,635 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
TIAA · Participant communication · Recordkeeping$80,263
MULTNOMAH GROUP, INC. · Consulting$38,710

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$136,544 · 0.10%
2023$97,069 · 0.08%
2022$105,294 · 0.08%
Same employer
Similar plansEducational Services · Oregon
Pacific University OR$243.3M · 0.11%
Willamette University OR$211.9M · 0.05%
Kindercare Education LLC OR$199.6M · 0.45%
Nwea OR$156.7M · 0.08%
Education Northwest OR$70.5M · 0.13%
Oregon Episcopal School OR$60.8M · 0.08%
Catlin Gabel School OR$52.5M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930391586 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.