Plan Ledger DOL Form 5500 · updated monthly

New Seasons Market LLC401(k)

NEW SEASONS MARKET LLC 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

New Seasons Market LLC reported $268,273 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $641 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 0.38% to 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 136th-largest of 1,021 plans among Oregon employers on file, and the 507th of 5,215 in retail trade. In 2024, employees put in $2.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$69,536,579
Participants with balances3,013
Active participants2,515
Employer contributions$1,613,208
Employee contributions$4,815,015
Employer contribution per active participant$641
Average account balance$23,079
Benefits paid to participants$7,029,552
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$69.5M · 3,013 accts · $1.6M emplr
2023$64.0M · 2,421 accts · $1.6M emplr
2022$52.6M · 2,370 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,905
Investment management$67,200
Trustee / custodial$20,168
Total administrative$268,273
The New Seasons Market LLC 401(k) match · 2024
Employer contribution per active participant$641
Median for plans this size$3,635
2024$641 per active participant
2023$672 per active participant
2022$650 per active participant

New Seasons Market LLC's 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
NEWPORT GROUP, INC. · Contract administrator · Recordkeeping$180,904
HUMAN INVESTING · Pension consulting · Investment advisory (participants)$67,200
NEWPORT TRUST COMPANY · Trustee · Trustee (directed)$20,168

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

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

Administrative cost history3
2024$268,273 · 0.40%
2023$226,607 · 0.39%
2022$237,727 · 0.38%
Same employer
Similar plansRetail Trade · Oregon
Tec Equipment, Inc. OR$84.2M · 0.29%
Swickard Corporation OR$45.9M · 0.72%
Roth Iga Foodliner, Inc. OR$44.5M · 0.28%
Market of Choice, Inc. OR$39.0M · 0.52%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 271519644 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.