Plan Ledger DOL Form 5500 · updated monthly

Schnitzer Investment Corp.401(k)

SCHNITZER PROPERTIES 401(K) RETIREMENT SAVINGS PLAN · 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

Schnitzer Investment Corp. reported $71,284 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $2,323 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 0.19% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 200th-largest of 1,021 plans among Oregon employers on file, and the 316th of 2,096 in real estate & leasing. In 2024, employees put in $5.15 for every $1.00 the employer contributed; active participation has shrunk from 284 to 245 since 2022.

Plan summary
Net assets, end of year$45,132,851
Participants with balances360
Active participants245
Employer contributions$569,159
Employee contributions$2,930,414
Employer contribution per active participant$2,323
Average account balance$125,369
Benefits paid to participants$4,950,142
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.1M · 360 accts · $569K emplr
2023$40.7M · 374 accts · $613K emplr
2022$35.1M · 369 accts · $519K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,284
Total administrative$71,284
The Schnitzer Investment Corp. 401(k) match · 2024
Employer contribution per active participant$2,323
Median for plans this size$2,416
2024$2,323 per active participant
2023$2,228 per active participant
2022$1,826 per active participant

Schnitzer Investment Corp.'s 2024 employer contribution ran below 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
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$71,284

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$71,284 · 0.17%
2023$70,280 · 0.19%
2022$71,406 · 0.19%
Same employer
Similar plansReal Estate & Leasing · Oregon
Vacasa LLC OR$116.1M · 0.23%
The Randall Group, Inc. OR$69.3M · 0.30%
Rightline Equipment, Inc. OR$14.0M · 0.13%
Updater Inc. OR$13.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930402005 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.