Plan Snapshot
- Plan Sponsor: Board Of Trustees, Masonry Security Plan Of Washington
- Sponsor EIN: 916028573
- Sponsor Address: 2323 EASTLAKE AVE. E, SEATTLE, WA, 98102
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 698
- Total Assets: $14.1M
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 | 698 | $14.1M | $9.2M | $647,002 |
| 2023 | 774 | $15.8M | $10.6M | $602,253 |
| 2022 | 753 | $15.4M | $8.3M | $661,994 |
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 |
|---|---|---|---|---|
| NORTHWEST ADMINISTRATORS | Other Service Provider | $426,094 | — | $426,094 |
| PREMERA BLUE CROSS | Other Service Provider | $242,226 | — | $242,226 |
| INNOVATIVE CARE MANAGEMENT | Other Service Provider | $61,725 | — | $61,725 |
| PROPEL INSURANCE | Other Service Provider | $60,915 | — | $60,915 |
| BARLOW COUGHRAN MORALES & JOSEPHSON | Other Service Provider | $40,717 | — | $40,717 |
| WILMINGTON TRUST | Other Service Provider | $31,284 | — | $31,284 |
| ANASTASI MOORE AND MARTIN | Auditor | $19,940 | — | $19,940 |
| WELLS FARGO | Other Service Provider | $15,679 | — | $15,679 |
| HEALTHCARE ACTUARIES | Other Service Provider | $10,000 | — | $10,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ANASTASI MOORE AND MARTIN — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $908,580
- Estimated Expense Ratio: 6.441% 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 | $917,629 | $31,284 | $711,176 | $19,940 | — |
| 2023 | $1,066,598 | $34,369 | $742,245 | $24,757 | — |
| 2022 | $942,048 | $36,296 | $648,360 | — | $192,074 |