Plan Ledger DOL Form 5500 · updated monthly

Mackenzie Engineering, Inc.401(k)

MACKENZIE ENGINEERING EMPLOYEES 401(K) PROFIT SHARING PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Mackenzie Engineering, Inc. reported $87,992 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $0 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 fell from 0.17% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 150th-largest of 1,021 plans among Oregon employers on file, and the 2,234th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$63,720,510
Participants with balances333
Active participants216
Employer contributions$0
Employee contributions$1,424,890
Employer contribution per active participant$0
Average account balance$191,353
Benefits paid to participants$2,961,220
Plan auditUnmodified (clean) audit opinion
AuditorGEFFEN MESHER & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$63.7M · 333 accts
2023$57.7M · 326 accts · $3.1M emplr
2022$47.6M · 321 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,274
Audit (IQPA)$10,500
Total administrative$87,992
The Mackenzie Engineering, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$3,635
2023$14,672 per active participant
2022$13,946 per active participant

Mackenzie Engineering, Inc.'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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,274
GEFFEN MESHER & COMPANY P C · Consulting$15,312
MULTNOMAH GROUP · Consulting$14,606
GEFFENMESHER · Accounting / audit$10,500

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$87,992 · 0.14%
2023$85,792 · 0.16%
2022$86,620 · 0.17%
Same employer
Similar plansProfessional & Technical Services · Oregon
Nuscale Power, LLC OR$74.1M · 0.15%
Bullivant Houser Bailey PC OR$71.0M · 0.11%
Digimarc Corporation OR$60.1M · 0.27%
Interface Engineering Inc OR$58.5M · 0.24%
Perkins & Company P.C. OR$50.1M · 0.20%
Otak Inc. OR$44.9M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930573937 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.