Plan Ledger DOL Form 5500 · updated monthly

Umatilla-Morrow Head Start, Inc.403(b)

UMATILLA-MORROW HEAD START, INC. 403(B) PLAN · HERMISTON, OR · plan year 2024

Reported admin expense ratio · 2024
0.71%

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

Umatilla-Morrow Head Start, Inc. reported $43,656 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $2,417 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 rose from 0.36% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Oregon (701st of 1,021), and 2,409th of 3,091 in educational services. In 2024, the employer put in $2.27 for every $1.00 employees contributed themselves; active participation has grown from 170 to 208 since 2022.

Plan summary
Net assets, end of year$6,156,211
Participants with balances240
Active participants208
Employer contributions$502,794
Employee contributions$221,455
Employer contribution per active participant$2,417
Average account balance$25,651
Benefits paid to participants$1,276,960
Plan auditUnmodified (clean) audit opinion
AuditorPETERSEN ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 240 accts · $503K emplr
2023$6.1M · 238 accts · $485K emplr
2022$5.5M · 289 accts · $402K emplr
Employer contributions to the Umatilla-Morrow Head Start, Inc. plan · 2024
Employer contribution per active participant$2,417
Median for plans this size$1,313
2024$2,417 per active participant
2023$2,322 per active participant
2022$2,366 per active participant

Umatilla-Morrow Head Start, Inc.'s 2024 employer contribution ran above the $1,313 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
SECURITIES AMERICA ADVISORS, INC. · Investment advisory (plan)$22,482

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$43,656 · 0.71%
2023$28,868 · 0.50%
2022$17,540 · 0.36%
Similar plansEducational Services · Oregon
Foodcorps, Inc. OR$8.8M · 0.71%
Multnomah University OR$8.6M · 0.37%
Western Seminary OR$5.3M · 0.55%
Serendipity Center, Inc. OR$5.0M · 0.76%
Portland Jewish Academy OR$4.8M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930937286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.