Retirement plan

OREGON EDUCATION ASSOCIATION 401(K) PLAN

Name: OREGON EDUCATION ASSOCIATION - OREGON EDUCATION ASSOCIATION 401(K) PLAN (2022) Form 5500
Creator: OREGON EDUCATION ASSOCIATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OREGON EDUCATION ASSOCIATION 401(K) PLAN, OREGON EDUCATION ASSOCIATION

OREGON EDUCATION ASSOCIATIONEIN 93-0243443Plan #002PY 2022

6900 SW ATLANTA ST - PORTLAND, OR 972232513503-684-3300oregoned.orgLinkedIn51-200 employeeseducation management

Other plans on this EIN

1 filing

#001Retirement-$40.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$13.1M

-14.3% from 2021

Total participants

124

+5.1% from 2021

Average account balance

$106,636

-19.9% from 2021

Annual return

-13.90%

-46.69 pp from 2021

Benchmarks

See 9,365 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort9,365 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$14.10M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$118K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

120

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.12%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T2R3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$1.2M

$12267 / participant

Other / not subdivided$1M100.0%

% of EOY assets

8.791%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,636

$54,353+96.2%

$82,726+28.9%

$68,498+55.7%

Participation rate

98.9%

63.9%+35.0pp

72.6%+26.4pp

67.9%+31.0pp

Annual return

-13.90%

-13.67%-0.2pp

701.33%-715.2pp

-7.84%-6.1pp

Employer contribution / active EE

$5,127

$2,218+131.1%

$3,009+70.4%

$2,596+97.5%

Participant deferral / active EE

$6,526

$3,246+101.0%

$4,394+48.5%

$4,027+62.0%

Admin fee / account holder

$9,375

$4,396+113.3%

$5,328+76.0%

$5,403+73.5%

OREGON EDUCATION ASSOCIATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OREGON EDUCATION ASSOCIATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion