Willamette Dental Group, P.C. 401(k) Review & Grade
Willamette Dental Group, P.C. 401(k) Savings Plan
Hillsboro, ORHealth Care & Social Assistance1,211 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,554Employer $ per active participant
$6,853Employee $ saved per active participant
0.12%Direct admin cost, % of plan assets
$182.0MNet plan assets, end of year
$128,898Average balance per account
Score breakdown
- Employer generosity42.9 / 5086th percentile for employer $ per participant
- Low cost17.3 / 2569th percentile for low admin cost vs. same-size plans
- Employee saving13.9 / 1592th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score67 / 100 · Grade B
This plan vs. peers
Peers: Health Care & Social Assistance plans with 500–2,499 active participants (1,427 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 86th |
| Lower admin cost | 69th |
| Employee saving | 92th |
| Peers that auto-enroll | 36% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($3,840 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Willamette Dental Group put in about $3,554 per active participant, more than the typical peer ($976). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $4,304,473 |
| Participant (employee) contributions | $8,299,374 |
| Other contributions (incl. rollovers in) | $453,518 |
| Administrative expenses paid from the plan | $207,485 |
| Contract administrator fees | $173,760 |
| Other admin expenses | $33,725 |
| Benefits paid out | $15,180,995 |
| Net assets, start / end of year | $161.3M / $182.0M |
| Active participants, start / end of year | 1,239 / 1,183 |
| Participants with account balances | 1,412 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Perkins & Company, P.C. |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $141,009 reported compensation |
| Hyas Group | $33,751 reported compensation |
| Perkins & Company PC | $16,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014201114NAL0001795331001, received 2025-10-14, EIN 93-0699253, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.