Plan Snapshot
- Plan Sponsor: Board Of Trustees, Western Metal Industry Pension Plan
- Sponsor EIN: 916033499
- Sponsor Address: PO BOX 34203, SEATTLE, WA, 981241203
- Plan Type: DB
- Total Participants: 1,637
- Total Assets: $1.0B
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 | 1,637 | $1.0B | $16.4M | $0 |
| 2023 | 1,716 | $1.0B | $16.7M | $0 |
| 2022 | 1,360 | $964.3M | $15.9M | $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 SVCS, INC | Other Service Provider | $1,017,018 | — | $1,017,018 |
| MORGAN STANLEY INVESTMENT MGMT | Recordkeeper | $590,649 | — | $590,649 |
| PACIFIC INVESTMENT MANAGEMENT CO. | Other Service Provider | $317,507 | — | $317,507 |
| BARLOW COUGHRAN MORALES & JOSEPHSON | Other Service Provider | $212,227 | — | $212,227 |
| MILLIMAN INC | Recordkeeper | $155,166 | — | $155,166 |
| DODGE & COX | Other Service Provider | $152,383 | — | $152,383 |
| R.V. KUHNS & ASSOCIATES INC | Other Service Provider | $147,744 | — | $147,744 |
| INVESCO TRUST CO. | Other Service Provider | $124,747 | — | $124,747 |
| U.S. BANK NATIONAL ASSOCIATION | Recordkeeper | $91,467 | — | $91,467 |
| CLIFTONLARSONALLEN LLP | Auditor | $44,416 | — | $44,416 |
| ANASTASI MOORE & MARTIN PLLC | Auditor | $41,475 | — | $41,475 |
| BANK OF AMERICA MERRILL LYNCH | Other Service Provider | $22,356 | — | $22,356 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY INVESTMENT MGMT — Recordkeeper
- MILLIMAN INC — Recordkeeper
- U.S. BANK NATIONAL ASSOCIATION — Recordkeeper
- CLIFTONLARSONALLEN LLP — Auditor
- ANASTASI MOORE & MARTIN PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,917,155
- Estimated Expense Ratio: 0.278% 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 | $3,645,603 | $1,424,497 | $957,481 | $44,416 | — |
| 2023 | $3,446,296 | $1,264,151 | $915,170 | $44,585 | — |
| 2022 | $3,222,055 | $1,273,357 | $911,073 | — | $303,179 |