Plan Ledger DOL Form 5500 · updated monthly

Opensesame, Inc.401(k)

OPENSESAME 401K PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Opensesame, Inc. reported $89,274 in plan administrative expenses for 2024: 0.49% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,071 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 0.53% to 0.49%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 354th-largest of 1,021 plans among Oregon employers on file, and the 5,437th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$20,667,040
Participants with balances285
Active participants217
Employer contributions$1,100,347
Employee contributions$2,337,777
Employer contribution per active participant$5,071
Average account balance$72,516
Benefits paid to participants$1,432,028
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$20.7M · 285 accts · $1.1M emplr
2023$15.8M · 249 accts · $1.2M emplr
2022$10.3M · 299 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$89,274
Total administrative$89,274
The Opensesame, Inc. 401(k) match · 2024
Employer contribution per active participant$5,071
Median for plans this size$2,416
2024$5,071 per active participant
2023$5,634 per active participant
2022$4,217 per active participant

Opensesame, Inc.'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 · 20244
PINNACLE WEALTH ADVISORSindirect comp
FREEDOM FIDUCIARIES, LLCindirect comp
INDEPENDENT RETIREMENT · 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$89,274 · 0.49%
2023$60,470 · 0.46%
2022$51,843 · 0.53%
Similar plansProfessional & Technical Services · Oregon
Logical Position LLC OR$24.2M · 0.59%
Propeller, Inc. OR$22.5M · 0.17%
Sera Architects, Inc. OR$22.1M · 0.02%
Lrs Architects, Inc. OR$21.0M · 0.20%
Transportation Media, Inc. OR$16.7M · 0.82%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451621241 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.