Plan Snapshot
- Plan Sponsor: Portland General Electric Company
- Sponsor EIN: 930256820
- Sponsor Address: 121 SW SALMON STREET, PORTLAND, OR, 972042901
- Plan Type: Health & Welfare
- Plan Number: 506
- Total Participants: 2,904
- Total Assets: $25.6M
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 | 2,904 | $25.6M | $2.1M | $676,158 |
| 2023 | 2,844 | $23.4M | $13.4M | $485,153 |
| 2022 | 2,872 | $21.4M | $5.9M | $491,833 |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $107,220 | — | $107,220 |
| GRANT THORNTON LLP | Other Service Provider | $44,575 | — | $44,575 |
| MERCER INVESTMENT CONSULTING | Other Service Provider | $33,095 | — | $33,095 |
| NORTHERN TRUST COMPANY | Other Service Provider | $22,445 | — | $22,445 |
| DELOITTE TAX LLP | Other Service Provider | $8,170 | — | $8,170 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $215,505
- Estimated Expense Ratio: 0.843% 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 | $216,539 | $33,102 | — | $44,575 | — |
| 2023 | $182,019 | $26,881 | — | $3,067 | — |
| 2022 | $795,468 | $18,715 | — | — | $64,750 |