Plan Ledger DOL Form 5500 · updated monthly

Multnomah University403(b)

MULTNOMAH UNIVERSITY 403(B) RETIREMENT PLAN · PORTLAND, OR · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Multnomah University reported $30,425 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. Employer contributions averaged $468 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 0.37% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Oregon (606th of 1,021), and 2,221st of 3,091 in educational services. In 2022, employees put in $5.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,575,826
Participants with balances174
Active participants154
Employer contributions$72,016
Employee contributions$373,230
Employer contribution per active participant$468
Average account balance$49,286
Benefits paid to participants$406,099
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 91 accts
2023$4.0M · 106 accts · $25K emplr
2022$8.6M · 174 accts · $72K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,014
Professional / advisory$1,411
Total administrative$30,425
Employer contributions to the Multnomah University plan · 2022
Employer contribution per active participant$468
Median for plans this size$1,114

Multnomah University's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$3,353 · 0.11%
2023$23,022 · 0.37%
2022$30,425 · 0.37%
Similar plansEducational Services · Oregon
Foodcorps, Inc. OR$8.8M · 0.71%
Western Seminary OR$5.3M · 0.55%
Serendipity Center, Inc. OR$5.0M · 0.76%
Portland Jewish Academy OR$4.8M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930398802 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.