Plan Snapshot
- Plan Sponsor: Board Of Trustees, Ibu Of The Pacific Natl Health
- Sponsor EIN: 930864012
- Sponsor Address: 5608 17TH AVE NW #131, SEATTLE, WA, 98107
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,485
- Total Assets: $60.0M
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 | 1,485 | $60.0M | $34.3M | $168,622 |
| 2023 | 1,475 | $53.3M | $33.2M | $246,594 |
| 2022 | 1,448 | $48.5M | $31.9M | $372,385 |
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 |
|---|---|---|---|---|
| BENESYS | Other Service Provider | $765,867 | — | $765,867 |
| PREMERA BLUECROSS | Other Service Provider | $390,523 | — | $390,523 |
| MODA HEALTH PLAN INC. | Other Service Provider | $169,535 | — | $169,535 |
| FERGUSON WELLMAN CAPITAL MANAGEMENT | Other Service Provider | $137,638 | — | $137,638 |
| MILLIMAN INC | Recordkeeper | $122,096 | — | $122,096 |
| INNOVATIVE CARE MANAGEMENT | Other Service Provider | $71,510 | — | $71,510 |
| US BANK N.A. | Recordkeeper | $62,822 | — | $62,822 |
| SMART SOURCE LLC | Other Service Provider | $36,943 | — | $36,943 |
| MILLER KAPLAN ARASE LLP | Auditor | $34,000 | — | $34,000 |
| BROWNSTEIN RASK | Other Service Provider | $15,504 | — | $15,504 |
| CLIFTONLARSONALLEN LLP | Auditor | $15,150 | — | $15,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN INC — Recordkeeper
- US BANK N.A. — Recordkeeper
- MILLER KAPLAN ARASE LLP — Auditor
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,821,588
- Estimated Expense Ratio: 3.038% 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 | $1,908,738 | $137,638 | $765,867 | $36,790 | — |
| 2023 | $1,718,799 | $121,082 | $734,278 | $25,100 | — |
| 2022 | $1,613,993 | $127,970 | $1,179,411 | — | $159,430 |