Plan Snapshot
- Plan Sponsor: Board Of Trustee, Northwest Fire Fighters
- Sponsor EIN: 411416156
- Sponsor Address: PO BOX 6, MUKILTEO, WA, 98275
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 4,271
- Total Assets: $57.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,271 | $57.1M | $116.5M | $6.0M |
| 2023 | 4,137 | $58.3M | $95.6M | $4.6M |
| 2022 | 3,828 | $51.3M | $78.9M | $4.1M |
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 |
|---|---|---|---|---|
| BROWN & BROWN INS DBA DIMARTINO | Other Service Provider | $3,026,110 | — | $3,026,110 |
| MAGNACARE ADMINISTRATIVE SERVICES | Other Service Provider | $1,663,452 | — | $1,663,452 |
| REGENCE BLUESHIELD | Other Service Provider | $1,624,677 | — | $1,624,677 |
| VIMLY BENEFIT SOLUTIONS, INC. | Other Service Provider | $772,708 | — | $772,708 |
| DELTA DENTAL OF WASHINGTON | Other Service Provider | $311,787 | — | $311,787 |
| AFLAC (AMERICAN FAMILY LIFE | Other Service Provider | $253,334 | — | $253,334 |
| BROWN & BROWN OF CONNECTICUT, INC. | Other Service Provider | $243,049 | — | $243,049 |
| IAFF FINANCIAL CORP INSURANCE | Other Service Provider | $150,781 | — | $150,781 |
| IAFF FINANCIAL CORPORATION | Other Service Provider | $150,781 | — | $150,781 |
| STATE OF ALASKA DEPT OF HEALTH | Other Service Provider | $143,274 | — | $143,274 |
| BUKATY COMPANIES, LLC | Other Service Provider | $75,603 | — | $75,603 |
| DIGITAL INSURANCE LLC | Other Service Provider | $73,736 | — | $73,736 |
| TELADOC HEALTH | Other Service Provider | $72,452 | — | $72,452 |
| HIGHLAND CAPITAL ADVISORS, LLC | Other Service Provider | $52,500 | — | $52,500 |
| WEST COAST BUSINESS GRAPHICS | Other Service Provider | $36,851 | — | $36,851 |
| SCHOEDEL & SCHOEDEL, CPAS, PLLC | Other Service Provider | $33,000 | — | $33,000 |
| BARLOW & COUGHRAN, P.S | Other Service Provider | $29,688 | — | $29,688 |
| AXENE HEALTH PARTNERS, LLC | Other Service Provider | $17,000 | — | $17,000 |
| SAVRX | Other Service Provider | $8,918 | — | $8,918 |
| THE RHIZOME COLLABORATIVE | Other Service Provider | $5,436 | — | $5,436 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,745,137
- Estimated Expense Ratio: 15.310% of plan assets
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 | $8,652,955 | $52,500 | — | $33,000 | — |
| 2023 | $7,446,722 | $43,125 | $4,220,814 | $31,250 | — |
| 2022 | $6,592,113 | $15,000 | $4,163,233 | — | $2,257,531 |