Plan Snapshot
- Plan Sponsor: Board Of Trustees, Agc-Iuoe Local 701 Health & Welfare Trust Fund
- Sponsor EIN: 936022485
- Sponsor Address: P.O. BOX 34203, SEATTLE, WA, 98124
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 2,217
- Total Assets: $78.2M
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 | 2,217 | $78.2M | $32.0M | $111,224 |
| 2023 | 2,183 | $78.7M | $33.2M | $107,294 |
| 2022 | 2,249 | $74.6M | $32.6M | $191,867 |
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 |
|---|---|---|---|---|
| WELFARE & PENSION ADMIN SERVICES | Other Service Provider | $894,440 | — | $894,440 |
| PREMERA | Other Service Provider | $631,149 | — | $631,149 |
| BRWN&BRWN OF WA DBA DIMARTINO ASSC | Other Service Provider | $120,000 | — | $120,000 |
| QUEST INVESTMENTS MGMT INC | Other Service Provider | $95,465 | — | $95,465 |
| AGC-IUOE LOCAL 701 TRAINING TRUST | Other Service Provider | $80,585 | — | $80,585 |
| BARLOW & COUGHRAN, P.S. | Other Service Provider | $77,981 | — | $77,981 |
| CHARTWELL INVESTMENT PARTNER | Other Service Provider | $71,190 | — | $71,190 |
| ZELIS CLAIMS INTEGRITY | Other Service Provider | $69,496 | — | $69,496 |
| MEDICAL REHABILITATION CONSULTANTS | Other Service Provider | $56,397 | — | $56,397 |
| VISION SERVICE PLAN | Other Service Provider | $30,887 | — | $30,887 |
| CHANGE HEALTHCARE | Other Service Provider | $30,735 | — | $30,735 |
| ALAFFIA HEALTH | Other Service Provider | $19,137 | — | $19,137 |
| PLATFORM CPAS, LLC. | Auditor | $17,669 | — | $17,669 |
| BANK OF AMERICA | Other Service Provider | $10,687 | — | $10,687 |
| PRINT TIME | Other Service Provider | $9,455 | — | $9,455 |
| NEPC, LLC | Other Service Provider | $7,803 | — | $7,803 |
| US BANK NATIONAL ASSOCIATION | Recordkeeper | $5,803 | — | $5,803 |
| UNITED PARCEL SERVICE | Other Service Provider | $5,038 | — | $5,038 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PLATFORM CPAS, LLC. — Auditor
- US BANK NATIONAL ASSOCIATION — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,233,917
- Estimated Expense Ratio: 2.856% 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 | $2,306,021 | $180,261 | $1,587,091 | $19,419 | — |
| 2023 | $2,144,469 | $110,639 | $1,545,730 | $18,180 | — |
| 2022 | $2,033,551 | $160,603 | $1,395,748 | — | $144,077 |