Plan Snapshot
- Plan Sponsor: Concora Credit INC.
- Sponsor EIN: 201723773
- Sponsor Address: 14600 NW GREENBRIER PKWY, BEAVERTON, OR, 970065745
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 762
- Total Assets: $51.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 762 | $51.6M | $0 | $0 |
| 2024 | 727 | $43.0M | $2.1M | $3.7M |
| 2023 | 706 | $34.0M | $1.5M | $3.1M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $191,135 | — | $191,135 |
| USI ADVISORS, INC. | Investment Advisor | — | $30,000 | $30,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $221,135
- Estimated Expense Ratio: 0.428% 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 |
|---|---|---|---|---|---|
| 2025 | $5,154,067 | — | $191,135 | — | — |
| 2024 | $158,559 | — | $158,559 | — | — |
| 2023 | $128,010 | — | $128,010 | — | — |