Plan Snapshot
- Plan Sponsor: Board Of Trustees Of The Western Employees Benefit Plan
- Sponsor EIN: 911154065
- Sponsor Address: 601 UNION ST, SUITE 1450, SEATTLE, WA, 98101
- Plan Type: DC
- Total Participants: 2,646
- Total Assets: $104.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,646 | $104.3M | $2.7M | $2.0M |
| 2023 | 2,510 | $92.4M | $2.6M | $1.8M |
| 2022 | 3,127 | $79.4M | $4.1M | $1.8M |
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, RAYMOND & COMPANY, PLLC | Auditor | $28,200 | — | $28,200 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,200
- Estimated Expense Ratio: 0.027% 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 | $800,681 | $32,500 | $46,177 | $28,200 | — |
| 2023 | $734,817 | $32,500 | — | $7,500 | — |
| 2022 | $639,899 | $32,500 | $557,542 | — | $24,540 |