Plan Ledger DOL Form 5500 · updated monthly

Portland Community Health Center403(b)

PORTLAND COMMUNITY HEALTH CENTER 403(B) PLAN · SOUTH PORTLAND, ME · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Portland Community Health Center reported $1,350 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,370 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 0.23% to 0.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Maine (273rd of 354), and 7,608th of 11,911 in health care & social assistance. In 2024, employees put in $2.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,552,850
Participants with balances160
Active participants175
Employer contributions$239,779
Employee contributions$665,249
Employer contribution per active participant$1,370
Average account balance$34,705
Benefits paid to participants$238,129
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.6M · 160 accts · $240K emplr
2023$4.2M · 135 accts · $211K emplr
2022$2.8M · 118 accts · $64K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,350
Total administrative$1,350
Employer contributions to the Portland Community Health Center plan · 2024
Employer contribution per active participant$1,370
Median for plans this size$1,313
2024$1,370 per active participant
2023$1,124 per active participant
2022$378 per active participant

Portland Community Health Center's 2024 employer contribution ran above 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 · 20243
CAPITAL GROUP RETIREMENT PLAN SERV · Recordkeeping · Investment management$375
VALMARK ADVISORS · Investment advisory (participants) · Investment advisory (plan)$22,340
THE TPA EXPERTS · Accounting / audit · Actuarial$975

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

Recordkeeper by year2
2024CAPITAL GROUP RETIREMENT PLAN SERV
2023CAPITAL GROUP RETIREMENT PLAN SERV

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

Administrative cost history3
2024$1,350 · 0.03%
2023$925 · 0.03%
2022$6,675 · 0.23%
Same employer
Similar plansHealth Care & Social Assistance · Maine
Waypoint Maine, Inc. ME$5.8M · 0.70%
Preble Street ME$5.4M · 1.07%
Community Care ME$5.2M · 0.03%
United Ambulance Service ME$5.2M · 0.72%
Mainehealth Care at Home ME$5.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454960453 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.