SEIU Local 503, Oregon Public Employees Union 401(k) match, vesting and fees
What SEIU Local 503, Oregon Public Employees Union's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Nwps | Schedule C ↗ |
| Independent auditor | Meihaus Cpa, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 2,134 defined-contribution plans in educational services with 100 to 499 participants.
| SEIU Local 503, Oregon Public Employees Union: employer contribution per participant | $8,863 | |
| Peer median | $1,684 |
| SEIU Local 503, Oregon Public Employees Union: average balance | $122,836 | |
| Peer median | $62,952 |
| SEIU Local 503, Oregon Public Employees Union: admin expenses ÷ assets | 0.41% | |
| Peer median | 0.17% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $30.5M at the end of plan year 2021 to $32.9M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 268 | $32.9M | $2.4M | $8,863 | 0.41% | Not published | Form 5500 ↗ |
| 2023 | 270 | $29M | $2.2M | $8,410 | 0.41% | Not published | Form 5500 ↗ |
| 2022 | 269 | $24.8M | $1.9M | $7,313 | 0.36% | Not published | Form 5500 ↗ |
| 2021 | 266 | $30.5M | $1.9M | $7,489 | 0.37% | Not published | Form 5500 ↗ |
Common questions
Does SEIU Local 503, Oregon Public Employees Union match 401(k) contributions?
The match terms for the Seiu Local 503 Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $8,863 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the SEIU Local 503, Oregon Public Employees Union 401(k) match vested?
The vesting schedule for the Seiu Local 503 Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the SEIU Local 503, Oregon Public Employees Union 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Nwps. The plan administrator is Seiu Local 503, Oregon Public Employees Union.
I left SEIU Local 503, Oregon Public Employees Union. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Seiu Local 503, Oregon Public Employees Union, (503) 540-8432) or the recordkeeper, Nwps. The SEIU Local 503, Oregon Public Employees Union old 401(k) page lists the contacts from every plan filing. Find an old SEIU Local 503, Oregon Public Employees Union 401(k)
Data from the public Form 5500 annual reports SEIU Local 503, Oregon Public Employees Union filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with SEIU Local 503, Oregon Public Employees Union. Not financial advice. Report a correction · Methodology