Plan Ledger DOL Form 5500 · updated monthly

Pacific Landscape Management, Inc.401(k)

PLM 401(K) PLAN · HILLSBORO, OR · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Pacific Landscape Management, Inc. reported $17,110 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $862 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 0.20% to 0.23%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Oregon (615th of 1,021), and the 1,123rd of 2,534 in administrative & support services. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has grown from 398 to 490 since 2022.

Plan summary
Net assets, end of year$8,242,065
Participants with balances130
Active participants490
Employer contributions$422,223
Employee contributions$925,435
Employer contribution per active participant$862
Average account balance$63,401
Benefits paid to participants$730,023
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.2M · 130 accts · $422K emplr
2023$6.7M · 130 accts · $417K emplr
2022$4.6M · 124 accts · $305K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,260
Total administrative$17,110
The Pacific Landscape Management, Inc. 401(k) match · 2024
Employer contribution per active participant$862
Median for plans this size$1,313
2024$862 per active participant
2023$990 per active participant
2022$766 per active participant

Pacific Landscape Management, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$17,109
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect 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$17,110 · 0.23%
2023$11,711 · 0.21%
2022$8,497 · 0.20%
Same employer
Similar plansAdministrative & Support Services · Oregon
Zidell Marine Corporation OR$81.7M · 0.10%
Milestone Systems, Inc. OR$28.2M · 0.00%
Cardinal Services, Inc. OR$20.3M · 1.13%
Boly/Welch, Inc. OR$8.0M · 0.65%
Real Benefits Group, Inc. OR$5.7M · 1.77%
Avanti Destinations, LLC OR$5.7M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931312472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.