Plan Snapshot
- Plan Sponsor: Board Of Trustees, Seiu Local 105 Health And Welfare
- Sponsor EIN: 271372825
- Sponsor Address: PO BOX 34203, SEATTLE, WA, 98124
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 463
- Total Assets: $1.7M
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 | 463 | $1.7M | $5.2M | $45,470 |
| 2023 | 519 | $919,306 | $4.9M | $65,285 |
| 2022 | 641 | $1.3M | $4.8M | $79,295 |
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 | Other Service Provider | $61,894 | — | $61,894 |
| SPENCER FANE LLP | ERISA Attorney | $30,500 | — | $30,500 |
| WITHUM SMITH & BROWN | Auditor | $27,259 | — | $27,259 |
| DENVER MANAGEMENT ADVISORS, INC. | Other Service Provider | $18,000 | — | $18,000 |
| MILLER KAPLAN ARASE LLP | Auditor | $12,100 | — | $12,100 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SPENCER FANE LLP — ERISA Attorney
- WITHUM SMITH & BROWN — Auditor
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,753
- Estimated Expense Ratio: 9.052% 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 | $180,646 | $18,000 | $58,150 | $12,100 | — |
| 2023 | $180,428 | — | $52,242 | $12,100 | — |
| 2022 | $171,340 | — | $57,763 | — | $92,447 |