Plan Ledger DOL Form 5500 · updated monthly

Sheerid401(k)

SHEERID 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Sheerid reported $11,183 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,491 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 0.09% to 0.08%. 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 425th-largest of 1,021 plans among Oregon employers on file, and 6,502nd of 11,654 in professional & technical services. In 2024, employees put in $2.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,307,043
Participants with balances203
Active participants148
Employer contributions$960,660
Employee contributions$1,937,663
Employer contribution per active participant$6,491
Average account balance$75,404
Benefits paid to participants$1,233,628
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 203 accts · $961K emplr
2023$11.1M · 219 accts · $944K emplr
2022$7.2M · 214 accts · $980K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,495
Investment management$2,688
Total administrative$11,183
The Sheerid 401(k) match · 2024
Employer contribution per active participant$6,491
Median for plans this size$2,416
2024$6,491 per active participant
2023$5,583 per active participant
2022$5,973 per active participant

Sheerid's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$2,088
WILSHIRE ASSOCIATES INC. · Investment advisory (participants)$6,407

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

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

Administrative cost history3
2024$11,183 · 0.08%
2023$8,004 · 0.09%
2022$6,068 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Oregon
Transportation Media, Inc. OR$16.7M · 0.82%
Aspen Ml LLC OR$14.7M · 0.22%
Legitscript, LLC OR$14.2M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452584917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.