Plan Ledger DOL Form 5500 · updated monthly

NweaDC plan

NWEA DC PLAN · BEAVERTON, OR · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Nwea reported $129,029 in plan administrative expenses for 2022: 0.08% of average plan assets, below the peer median. Employer contributions averaged $14,289 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 0.081% to 0.076%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other educational services employers. By assets it is the 74th-largest of 1,021 plans among Oregon employers on file, and the 345th of 3,091 in educational services. In 2022, the employer put in $2.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$156,717,228
Participants with balances1,510
Active participants1,117
Employer contributions$15,961,169
Employee contributions$7,236,957
Employer contribution per active participant$14,289
Average account balance$103,786
Benefits paid to participants$9,243,613
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$87.4M · 870 accts · $229K emplr
2023$90.8M · 899 accts · $6.4M emplr
2022$156.7M · 1,510 accts · $16.0M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,949
Total administrative$129,029
Employer contributions to the Nwea plan · 2022
Employer contribution per active participant$14,289
Median for plans this size$3,449
2024$17,627 per active participant
2023$638,775 per active participant
2022$14,289 per active participant

Nwea's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Transamerica
2023TIAA, Transamerica

This plan has changed recordkeepers within these filings. If you left Nwea before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$67,940 · 0.08%
2023$125,117 · 0.10%
2022$129,029 · 0.08%
Similar plansEducational Services · Oregon
The Reed College OR$254.9M · 0.10%
Pacific University OR$243.3M · 0.11%
Willamette University OR$211.9M · 0.05%
Kindercare Education LLC OR$199.6M · 0.45%
Linfield University OR$135.3M · 0.10%
Education Northwest OR$70.5M · 0.13%
Oregon Episcopal School OR$60.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930686108 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.