Plan Ledger DOL Form 5500 · updated monthly

Neighborimpact403(b)

403(B) THRIFT PLAN OF NEIGHBORIMPACT · REDMOND, OR · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Neighborimpact reported $26,416 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,522 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 0.03% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Oregon (657th of 1,021), and 6,771st of 11,911 in health care & social assistance. In 2024, employees put in $1.01 for every $1.00 the employer contributed; active participation has grown from 239 to 280 since 2022.

Plan summary
Net assets, end of year$7,207,349
Participants with balances400
Active participants280
Employer contributions$706,044
Employee contributions$712,970
Employer contribution per active participant$2,522
Average account balance$18,018
Benefits paid to participants$792,844
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 400 accts · $706K emplr
2023$5.9M · 384 accts · $569K emplr
2022$4.4M · 375 accts · $490K emplr
Employer contributions to the Neighborimpact plan · 2024
Employer contribution per active participant$2,522
Median for plans this size$1,313
2024$2,522 per active participant
2023$2,190 per active participant
2022$2,051 per active participant

Neighborimpact'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 · 20241
MUTUAL OF AMERICA SEC. CORP LLC · Recordkeeping · Loan processing$26,416

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$26,416 · 0.40%
2023$2,518 · 0.05%
2022$1,167 · 0.03%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Ride Connection, Inc. OR$7.3M · 0.50%
Outside In OR$6.7M · 0.10%
Viridian Management Inc OR$6.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930884929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.