Plan Ledger DOL Form 5500 · updated monthly

Transition Projects, Inc.401(k)

TRANSITION PROJECTS, INC. 401(K) EMPLOYEE SAVINGS PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Transition Projects, Inc. reported $22,876 in plan administrative expenses for 2024: 0.57% of average plan assets, above the peer median. Employer contributions averaged $1,120 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 0.96% to 0.57%. 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 (791st of 1,021), and 8,352nd of 11,911 in health care & social assistance. In 2024, employees put in $1.29 for every $1.00 the employer contributed; active participation has grown from 203 to 233 since 2022.

Plan summary
Net assets, end of year$4,285,336
Participants with balances164
Active participants233
Employer contributions$260,948
Employee contributions$337,869
Employer contribution per active participant$1,120
Average account balance$26,130
Benefits paid to participants$518,719
Plan auditUnmodified (clean) audit opinion
AuditorJONES & ROTH, P. C.
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 164 accts · $261K emplr
2023$3.7M · 155 accts · $227K emplr
2022$2.8M · 142 accts · $203K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,936
Investment management$18,940
Total administrative$22,876
The Transition Projects, Inc. 401(k) match · 2024
Employer contribution per active participant$1,120
Median for plans this size$1,313
2024$1,120 per active participant
2023$1,132 per active participant
2022$1,001 per active participant

Transition Projects, Inc.'s 2024 employer contribution ran below the $1,313 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
ASCENSUS LLC · Loan processing · Recordkeeping$3,936
ALERA INVESTMENT ADVISORS · Investment advisory (plan)$18,940

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$22,876 · 0.57%
2023$20,331 · 0.62%
2022$24,863 · 0.96%
Same employer
Similar plansHealth Care & Social Assistance · Oregon
Fora Health, Inc. OR$4.4M · 0.37%
Mv Advancements OR$4.1M · 0.36%
Impact Nw OR$3.7M · 0.85%
Community Access Services OR$3.5M · 0.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 930591582 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.