Plan Ledger DOL Form 5500 · updated monthly

Promontory Healthcare Companies, LLC401(k)

PROMONTORY HEALTHCARE COMPANIES, LLC 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Promontory Healthcare Companies, LLC reported $58,528 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $246 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 1.26% to 1.12%. 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 Oregon (718th of 1,021), and 7,490th of 11,911 in health care & social assistance. In 2024, employees put in $5.71 for every $1.00 the employer contributed; active participation has grown from 340 to 543 since 2022.

Plan summary
Net assets, end of year$5,766,969
Participants with balances278
Active participants543
Employer contributions$133,330
Employee contributions$761,137
Employer contribution per active participant$246
Average account balance$20,744
Benefits paid to participants$603,067
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.8M · 278 accts · $133K emplr
2023$4.7M · 217 accts · $98K emplr
2022$3.6M · $157K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,443
Investment management$17,205
Total administrative$58,528
The Promontory Healthcare Companies, LLC 401(k) match · 2024
Employer contribution per active participant$246
Median for plans this size$1,313
2024$246 per active participant
2023$272 per active participant
2022$463 per active participant

Promontory Healthcare Companies, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20243
JOHN HANCOCK LIFE INSURANCE C · Recordkeeping$1,600
COMMONWEALTH FINANCIAL NETWORK · Investment advisory (participants)$16,158
WILSHIRE ASSOCIATES INC(USA) · Investment advisory (participants)$1,047

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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Administrative cost history3
2024$58,528 · 1.12%
2023$54,064 · 1.31%
2022$45,855 · 1.26%
Similar plansHealth Care & Social Assistance · Oregon
Capital Manor, Inc. OR$6.1M · 0.90%
New Narrative OR$5.7M · 0.64%
Terwilliger Plaza, Inc. OR$5.6M · 0.09%
Caring Places Management OR$5.5M · 2.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452397858 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.