Plan Snapshot
- Plan Sponsor: Board Of Trustees, Oregon Essential Workforce
- Sponsor EIN: 320674647
- Sponsor Address: 525 NE OREGON ST, PORTLAND, OR, 97232
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 3,183
- Total Assets: $102.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 3,183 | $102.3M | $53.8M | $57,229 |
| 2023 | 1,990 | $79.8M | $19.2M | $1,437 |
| 2022 | 1,798 | $80.2M | $81.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RISE PARTNERSHIP INC. | Other Service Provider | $1,190,486 | — | $1,190,486 |
| REGENCE BLUECROSS BLUESHIELD OF OR | Other Service Provider | $967,044 | — | $967,044 |
| MAGNACARE LLC | Other Service Provider | $794,387 | — | $794,387 |
| MILLIMAN, INC. | Recordkeeper | $225,000 | — | $225,000 |
| SLEVIN & HART P.C. | ERISA Attorney | $98,288 | — | $98,288 |
| SEGAL MARCO ADVISORS | Other Service Provider | $43,333 | — | $43,333 |
| MILLER KAPLAN ARASE LLP | Auditor | $29,500 | — | $29,500 |
| DIRA PARTNERS | Other Service Provider | $20,000 | — | $20,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — Recordkeeper
- SLEVIN & HART P.C. — ERISA Attorney
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,368,038
- Estimated Expense Ratio: 3.292% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,511,683 | $43,333 | $660,520 | $29,500 | — |
| 2023 | $3,032,675 | $20,000 | $1,016,835 | $6,610 | — |
| 2022 | $1,553,946 | — | $169,887 | — | $809,472 |