Plan Ledger DOL Form 5500 · updated monthly

Multnomah Athletic Club401(k)

MULTNOMAH ATHLETIC CLUB 401K RETIREMENT SAVINGS PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Multnomah Athletic Club reported $77,504 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,447 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 0.27% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is the 301st-largest of 1,021 plans among Oregon employers on file, and the 339th of 1,311 in arts, entertainment & recreation. In 2024, employees put in $1.38 for every $1.00 the employer contributed; active participation has grown from 526 to 797 since 2022.

Plan summary
Net assets, end of year$27,565,853
Participants with balances974
Active participants797
Employer contributions$1,152,994
Employee contributions$1,593,373
Employer contribution per active participant$1,447
Average account balance$28,302
Benefits paid to participants$4,109,406
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 974 accts · $1.2M emplr
2023$25.7M · 947 accts · $917K emplr
2022$21.0M · 869 accts · $955K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,512
Investment management$6,992
Total administrative$77,504
The Multnomah Athletic Club 401(k) match · 2024
Employer contribution per active participant$1,447
Median for plans this size$2,416
2024$1,447 per active participant
2023$1,536 per active participant
2022$1,815 per active participant

Multnomah Athletic Club's 2024 employer contribution ran below the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,512
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$6,992

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$77,504 · 0.29%
2023$61,840 · 0.26%
2022$61,358 · 0.27%
Same employer
Similar plansArts, Entertainment & Recreation · Oregon
Rain the Growth Agency OR$46.3M · 0.20%
Trail Blazers Inc. OR$38.9M · 0.48%
Portland Art Museum OR$12.4M · 0.21%
Mt. Hood Meadows Oreg., LLC OR$11.6M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930232310 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.