# Portland General Electric Company 401(k) Plan
Source: https://planprovider.pro/companies/portland-general-electric-company-401k-plan

> Portland General Electric Company's 401(k) plan: 2,868 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Portland General Electric Company

- **Sponsor EIN:** 930256820

- **Sponsor Address:** 121 SW SALMON STREET, PORTLAND, OR, 972042901

- **Plan Type:** 401(k)

- **Total Participants:** 2,868

- **Total Assets:** $1.2B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|2,868|$1.2B|$37.7M|$41.6M|

| 2023|2,842|$1.1B|$33.9M|$38.4M|

| 2022|2,935|$971.8M|$29.4M|$36.5M|

## 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|

| GRANT THORNTON LLP|Auditor|$47,499|—|$47,499|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [GRANT THORNTON LLP](https://planprovider.pro/provider/grant-thornton-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $47,499

- **Estimated Expense Ratio:** 0.004% 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|$1,235,311|$846,721|—|$47,499|—|

| 2023|$1,284,816|$446,145|—|$2,300|—|

| 2022|$1,781,181|$218,765|—|—|$480,303|

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