Plan Snapshot
- Plan Sponsor: Board Of Trustees Puget Sound Benefits Trust
- Sponsor EIN: 916028312
- Sponsor Address: P.O. BOX 34203, SEATTLE, WA, 98124
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 333
- Total Assets: $6.6M
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 | 333 | $6.6M | $5.8M | $110,471 |
| 2023 | 313 | $6.8M | $5.4M | $82,987 |
| 2022 | 298 | $6.7M | $5.0M | $0 |
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 SVC, INC. | Other Service Provider | $241,599 | — | $241,599 |
| PREMERA | Other Service Provider | $73,450 | — | $73,450 |
| DELTA DENTAL OF WASHINGTON | Other Service Provider | $48,564 | — | $48,564 |
| PROPEL INSURANCE | Other Service Provider | $48,433 | — | $48,433 |
| ZELIS CLAIM INTEGRITY | Other Service Provider | $29,652 | — | $29,652 |
| INNOVATIVE CARE MANAGEMENT | Other Service Provider | $22,276 | — | $22,276 |
| CLIFTONLARSONALLEN LLP | Auditor | $22,265 | — | $22,265 |
| WASHINGTON CAPITAL MANAGEMENT | Other Service Provider | $12,783 | — | $12,783 |
| BARLOW COUGHRAN MORALES JOSEPHSON | Other Service Provider | $10,200 | — | $10,200 |
| BANK OF AMERICA | Other Service Provider | $8,389 | — | $8,389 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $517,611
- Estimated Expense Ratio: 7.856% 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 | $552,653 | $12,783 | $358,906 | $18,148 | — |
| 2023 | $508,605 | $13,288 | $348,993 | $17,146 | — |
| 2022 | $461,375 | $17,237 | $324,290 | — | $84,631 |