Employers › Portland General Electric
Recordkeeping fees per participant · Portland General Electric Company 401(k) Plan · plan year 2024
$22.53
Higher than 28% of the 790 plans over $1B that report it.
= $92,049 / 4,085
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015011150NAL0005082864001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015011150NAL0005082864001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-15.
Administrative expenses excluding investment management, per participant
$95.13
Higher than 89% of the 1,045 plans over $1B that report it.
= $388,590 / 4,085
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015011150NAL0005082864001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015011150NAL0005082864001, received 2025-10-15
Administrative expenses per participant
$302.40
Higher than 96% of the 1,076 plans over $1B that report it.
= $1,235,311 / 4,085
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015011150NAL0005082864001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015011150NAL0005082864001, received 2025-10-15
Administrative expenses as a share of assets
0.100%
Higher than 86% of the 1,076 plans over $1B that report it.
= $1,235,311 / $1,234,760,991
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015011150NAL0005082864001, received 2025-10-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015011150NAL0005082864001, received 2025-10-15
Employer contributions per participant
$9,235
Higher than 91% of the 1,135 plans over $1B that report it.
= $37,725,687 / 4,085
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015011150NAL0005082864001, received 2025-10-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015011150NAL0005082864001, received 2025-10-15
Employer share of total contributions
44.1%
Higher than 83% of the 1,135 plans over $1B that report it.
= $37,725,687 / $85,629,231
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015011150NAL0005082864001, received 2025-10-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015011150NAL0005082864001, received 2025-10-15
Plan terms are described in Portland General Electric Company's SEC filings: Form 10-K filed 2026-02-17. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015011150NAL0005082864001, received 2025-10-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | PORTLAND GENERAL ELECTRIC COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Plan name | PORTLAND GENERAL ELECTRIC COMPANY 401K PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Sponsor EIN / plan number | 93-0256820 / 005 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Sponsor location | PORTLAND, OR | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Industry (business code) | 221100, Utilities | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Participants, beginning of year | 4,052 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Active participants | 2,868 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Participants, end of year | 4,096 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Participants with an account balance | 4,085 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Total assets, beginning of year | $1,105,246,502 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Total assets, end of year | $1,234,760,991 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Net assets, end of year | $1,234,662,415 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Total income | $243,589,336 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Net income | $129,608,412 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Employer contributions | $37,725,687 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Participant contributions | $41,568,924 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $6,334,620 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Total contributions | $85,629,231 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Benefit payments | $112,745,613 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $113,980,924 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Total administrative expenses | $1,235,311 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Recordkeeping fees | $92,049 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| IQPA audit fees | $47,499 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Investment advisory and management fees | $846,721 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Administrative expenses excluding investment management | $388,590 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Held in common/collective trusts | $970,361,478 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Held in mutual funds | $181,883,514 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015011150NAL0005082864001, received 2025-10-15 |
| Independent auditor | GRANT THORNTON LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015011150NAL0005082864001, received 2025-10-15 |
Position = column in the DOL layout for form year 2024. Filing 20251015011150NAL0005082864001, received 2025-10-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $603,683 | no |
| MERCER INVESTMENTS LLC | NONE | 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $402,528 | no |
| FIDELITY INV. INST. OPS. CO.recordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $92,049 | yes |
| SEYFARTH SHAW | NONE | 29 Legal; 50 Direct payment from the plan | $75,210 | no |
| GRANT THORNTON LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $47,499 | no |
| TOWERS WATSON DELAWARE | NONE | 16 Consulting (general); 50 Direct payment from the plan | $14,342 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251015011150NAL0005082864001, received 2025-10-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,105,246,502 | $1,234,760,991 | 11.7% |
| Participants with a balance | 4,050 | 4,085 | 0.9% |
| Administrative expenses | $1,284,816 | $1,235,311 | -3.9% |
| Recordkeeping fees per participant | $71.98 | $22.53 | -68.7% |
| Employer contributions | $33,850,660 | $37,725,687 | 11.4% |
Prior filing 20241015205626NAL0030901185001, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: PORTLAND GENERAL ELECTRIC COMPANY; SEC registrant: PORTLAND GENERAL ELECTRIC CO /OR/ (CIK 784977, matched by EIN; display name from the Form 10-K cover).