Plan Ledger DOL Form 5500 · updated monthly

Propeller, Inc.401(k)

PROPELLER 401(K) PROFIT SHARING PLAN TRUST · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Propeller, Inc. reported $36,243 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $3,238 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 0.18% to 0.17%. 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 341st-largest of 1,021 plans among Oregon employers on file, and the 5,132nd of 11,654 in professional & technical services. In 2024, employees put in $4.94 for every $1.00 the employer contributed; active participation has shrunk from 239 to 145 since 2022.

Plan summary
Net assets, end of year$22,477,551
Participants with balances243
Active participants145
Employer contributions$469,471
Employee contributions$2,318,980
Employer contribution per active participant$3,238
Average account balance$92,500
Benefits paid to participants$3,819,833
Plan auditUnmodified (clean) audit opinion
AuditorJONES & ROTH
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 243 accts · $469K emplr
2023$19.5M · 274 accts · $726K emplr
2022$13.5M · 284 accts · $761K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,943
Audit (IQPA)$13,300
Total administrative$36,243
The Propeller, Inc. 401(k) match · 2024
Employer contribution per active participant$3,238
Median for plans this size$2,416
2024$3,238 per active participant
2023$3,820 per active participant
2022$3,183 per active participant

Propeller, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$22,943
JONES & ROTH, P.C. · Accounting / audit$13,300

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$36,243 · 0.17%
2023$38,150 · 0.23%
2022$26,433 · 0.18%
All plans at this employer2
PROPELLER 401(K) PROFIT SHARING PLAN TRUST401(k)
PROPELLER, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansProfessional & Technical Services · Oregon
Airship Group Inc. OR$28.4M · 0.08%
Exterro, Inc. OR$26.1M · 0.37%
Logical Position LLC OR$24.2M · 0.59%
Sera Architects, Inc. OR$22.1M · 0.02%
Lrs Architects, Inc. OR$21.0M · 0.20%
Opensesame, Inc. OR$20.7M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455286846 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.