Plan Ledger DOL Form 5500 · updated monthly

Oregon Food Bank401(k)

OREGON FOOD BANK RETIREMENT PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Oregon Food Bank reported $12,616 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,056 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 0.05% to 0.08%. 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 391st-largest of 1,021 plans among Oregon employers on file, and the 4,059th of 11,911 in health care & social assistance. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,478,391
Participants with balances340
Active participants244
Employer contributions$989,735
Employee contributions$1,504,870
Employer contribution per active participant$4,056
Average account balance$51,407
Benefits paid to participants$1,642,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 340 accts · $990K emplr
2023$14.4M · 344 accts · $892K emplr
2022$11.4M · 342 accts · $418K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,925
Investment management$1,691
Total administrative$12,616
The Oregon Food Bank 401(k) match · 2024
Employer contribution per active participant$4,056
Median for plans this size$2,416
2024$4,056 per active participant
2023$3,497 per active participant
2022$1,633 per active participant

Oregon Food Bank's 2024 employer contribution ran above the $2,416 median for plans its size. 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
ADP, INC. · Loan processing · Recordkeeping$12,616

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$12,616 · 0.08%
2023$8,704 · 0.07%
2022$5,413 · 0.05%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Interpath Laboratory, Inc. OR$19.8M · 0.31%
Northwest Human Services OR$19.6M · 0.12%
Neighborhood Health Center OR$17.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930785786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.