Plan Ledger DOL Form 5500 · updated monthly

The Center401(k)

THE CENTER 401(K) PLAN · BEND, OR · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The Center reported $120,059 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,136 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 0.29% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 181st-largest of 1,021 plans among Oregon employers on file, and the 1,863rd of 11,911 in health care & social assistance. In 2024, employees put in $2.11 for every $1.00 the employer contributed; active participation has grown from 316 to 360 since 2022.

Plan summary
Net assets, end of year$50,533,658
Participants with balances465
Active participants360
Employer contributions$1,129,033
Employee contributions$2,382,459
Employer contribution per active participant$3,136
Average account balance$108,675
Benefits paid to participants$6,266,854
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.5M · 465 accts · $1.1M emplr
2023$43.6M · 421 accts · $1.3M emplr
2022$35.5M · 399 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,403
Investment management$78,656
Total administrative$120,059
The The Center 401(k) match · 2024
Employer contribution per active participant$3,136
Median for plans this size$2,416
2024$3,136 per active participant
2023$3,724 per active participant
2022$4,349 per active participant

The Center'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
HUMAN INVESTING · Investment advisory (plan)$78,656
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,403

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$120,059 · 0.26%
2023$106,325 · 0.27%
2022$115,893 · 0.29%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Premere Rehab, LLC OR$49.5M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931261079 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.