Plan Ledger DOL Form 5500 · updated monthly

Mercy Corps403(b)

MERCY CORPS 403(B) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Mercy Corps reported $116,275 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $5,563 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 3 years on file its reported administrative ratio has held roughly steady near 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 139th-largest of 1,021 plans among Oregon employers on file, and the 299th of 3,341 in other services. In 2024, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$68,773,324
Participants with balances786
Active participants445
Employer contributions$2,475,496
Employee contributions$4,444,609
Employer contribution per active participant$5,563
Average account balance$87,498
Benefits paid to participants$5,046,916
Plan auditDisclaimer of opinion
AuditorPERKINS & COMPANY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$68.8M · 786 accts · $2.5M emplr
2023$58.9M · 823 accts · $2.2M emplr
2022$48.1M · 787 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$116,275
Total administrative$116,275
Employer contributions to the Mercy Corps plan · 2024
Employer contribution per active participant$5,563
Median for plans this size$3,635
2024$5,563 per active participant
2023$4,653 per active participant
2022$4,350 per active participant

Mercy Corps'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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$116,275
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$116,275 · 0.18%
2023$102,190 · 0.19%
2022$100,080 · 0.19%
Same employer
Similar plansOther Services · Oregon
Central City Concern OR$71.5M · 0.14%
Oregon Catholic Press OR$27.8M · 0.22%
Cook Solutions Group OR$25.9M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911148123 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.