Advocates for Life Skills and Op 401(k) Review & Grade
Also 401(k) Plan
Portland, ORHealth Care & Social Assistance530 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$851Employer $ per active participant
$1,343Employee $ saved per active participant
1.80%Direct admin cost, % of plan assets
$5.0MNet plan assets, end of year
$12,074Average balance per account
Score breakdown
- Employer generosity23.4 / 5047th percentile for employer $ per participant
- Low cost0.4 / 252th percentile for low admin cost vs. same-size plans
- Employee saving4.5 / 1530th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score38 / 100 · Grade D
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 47th |
| Lower admin cost | 2th |
| Employee saving | 30th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Advocates for Life Skills and Op put in about $851 per active participant, below the typical peer ($976). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (1.80% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $450,411 |
| Participant (employee) contributions | $711,309 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $83,247 |
| Investment advisory & management fees | $18,587 |
| Benefits paid out | $792,029 |
| Net assets, start / end of year | $4.2M / $5.0M |
| Active participants, start / end of year | 504 / 555 |
| Participants with account balances | 418 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Hoffman Stewart & Schmidt P.C. |
Largest service providers (Schedule C)
| Adp, Inc. | $64,660 reported compensation |
| Opportunus Wealth MGT LLC DBA Retir | $18,587 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260507050252NAL0004832946001, received 2026-05-07, EIN 93-1234625, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.