# Bank Of The Pacific 401(k) Plan
Source: https://planprovider.pro/companies/bank-of-the-pacific-401k-plan

> Bank Of The Pacific&#39;s 401(k) plan: 202 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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