Plan Ledger DOL Form 5500 · updated monthly

Mid Valley Ipa, Inc.401(k)

MID VALLEY IPA, INC. 401(K) PLAN · SALEM, OR · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Mid Valley Ipa, Inc. reported $20,971 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $4,484 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 0.30% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Oregon (578th of 1,021), and 3,017th of 4,246 in wholesale trade. In 2024, employees put in $1.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,296,973
Participants with balances138
Active participants50
Employer contributions$224,204
Employee contributions$252,217
Employer contribution per active participant$4,484
Average account balance$67,369
Benefits paid to participants$1,141,619
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.3M · 138 accts · $224K emplr
2023$8.8M · 175 accts · $344K emplr
2022$8.4M · 180 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,680
Total administrative$20,971
The Mid Valley Ipa, Inc. 401(k) match · 2024
Employer contribution per active participant$4,484
Median for plans this size$1,313
2024$4,484 per active participant
2023$7,329 per active participant
2022$5,305 per active participant

Mid Valley Ipa, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$16,291
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,680

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$20,971 · 0.23%
2023$31,492 · 0.37%
2022$30,401 · 0.30%
Similar plansWholesale Trade · Oregon
Mitchell Lewis & Staver Co. OR$12.2M · 0.62%
Andretti Group OR$11.2M · 0.70%
Triad Machinery, Inc. OR$10.9M · 0.02%
Tyree Oil, Inc. OR$9.0M · 0.33%
Pnw Metal Recycling, Inc OR$7.5M · 0.65%
Paramount Supply Co. OR$6.2M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930789741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.