Plan Snapshot
- Plan Sponsor: Bank Of The Pacific
- Sponsor EIN: 911069728
- Sponsor Address: 1216 SKYVIEW DR, ABERDEEN, WA, 98520
- Plan Type: 401(k)
- Total Participants: 202
- Total Assets: $22.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 202 | $22.7M | $826,670 | $1.6M |
| 2023 | 215 | $20.2M | $694,005 | $1.4M |
| 2022 | 208 | $18.8M | $734,154 | $1.4M |
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 |
|---|---|---|---|---|
| CLARK NUBER P.S. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $86,204 | $38,439 | $47,765 | — | — |
| 2023 | $75,303 | $33,416 | $41,887 | — | — |
| 2022 | $90,818 | $35,377 | $55,441 | — | — |