Plan Ledger DOL Form 5500 · updated monthly

Waterfall Clinic, Inc.401(k)

WATERFALL CLINIC, INC. 401(K) PLAN · NORTH BEND, OR · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Waterfall Clinic, Inc. reported $5,410 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $3,324 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.

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 (864th of 1,021), and 9,432nd of 11,911 in health care & social assistance. In 2024, employees put in $1.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,766,043
Participants with balances138
Active participants105
Employer contributions$348,992
Employee contributions$434,411
Employer contribution per active participant$3,324
Average account balance$20,044
Benefits paid to participants$310,294
Plan auditUnmodified (clean) audit opinion
AuditorCLIFTON LARSEN ALLEN
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,410
Total administrative$5,410
The Waterfall Clinic, Inc. 401(k) match · 2024
Employer contribution per active participant$3,324
Median for plans this size$1,313

Waterfall Clinic, 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 · 20241
THE VANGUARD GROUP, INC. · Recordkeeping · Loan processing$5,410

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

Administrative cost history1
2024$5,410 · 0.23%
Similar plansHealth Care & Social Assistance · Oregon
Community Access Services OR$3.5M · 0.06%
Family Help and Wellness OR$2.9M · 0.31%
Willamette Family, Inc. OR$2.7M · 0.13%
Robison Jewish Home OR$2.7M · 0.05%
Anthem Memory Care, LLC OR$2.6M · 1.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931250581 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.