Plan Ledger DOL Form 5500 · updated monthly

Northwest Medical Homes, LLC401(k)

NORTHWEST MEDICAL HOMES, LLC EMPLOYEE SAVINGS PLAN · SPRINGFIELD, OR · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Northwest Medical Homes, LLC reported $55,059 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $6,797 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 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 442nd-largest of 1,021 plans among Oregon employers on file, and the 4,575th of 11,911 in health care & social assistance. In 2024, the employer put in $1.44 for every $1.00 employees contributed themselves; active participation has grown from 88 to 106 since 2022.

Plan summary
Net assets, end of year$14,613,893
Participants with balances154
Active participants106
Employer contributions$720,505
Employee contributions$501,384
Employer contribution per active participant$6,797
Average account balance$94,895
Benefits paid to participants$88,239
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 154 accts · $721K emplr
2023$11.8M · 138 accts · $711K emplr
2022$10.3M · 139 accts · $730K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,759
Total administrative$55,059
The Northwest Medical Homes, LLC 401(k) match · 2024
Employer contribution per active participant$6,797
Median for plans this size$2,416
2024$6,797 per active participant
2023$7,642 per active participant
2022$8,295 per active participant

Northwest Medical Homes, LLC's 2024 employer contribution ran above the $2,416 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 · 20243
CETERA INVESTMENT ADVISERS LLCindirect comp
CETERA ADVISOR NETWORKS LLCindirect comp
ECONOMIC GROUP PENSION SERVICES · Other servicesindirect comp

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$55,059 · 0.42%
2023$43,394 · 0.39%
2022$40,264 · 0.38%
Similar plansHealth Care & Social Assistance · Oregon
Partners in Care OR$15.6M · 0.27%
Umpqua Health, LLC OR$14.9M · 0.02%
Medical Eye Center Inc OR$14.8M · 0.07%
Frontier Management, LLC OR$13.7M · 1.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911814404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.