Plan Snapshot
- Plan Sponsor: Business Health Trust
- Sponsor EIN: 367481494
- Sponsor Address: P.O. BOX 6, MUKILTEO, WA, 98275
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 16,967
- Total Assets: $18.9M
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 | 16,967 | $18.9M | $151.4M | $1.2M |
| 2023 | 16,388 | $16.1M | $129.3M | $768,624 |
| 2022 | 14,822 | $13.1M | $113.3M | $826,184 |
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 |
|---|---|---|---|---|
| ABD INSURANCE & FINANCIAL SERVICES, | Other Service Provider | $3,952,433 | — | $3,952,433 |
| VIMLY BENEFIT SOLUTIONS, INC. | Other Service Provider | $2,662,554 | — | $2,662,554 |
| SEATTLE METROPOLITAN CHAMBER OF COM | Other Service Provider | $1,472,690 | — | $1,472,690 |
| IMPACT ACCOUNTING SERVICES, LLC | Other Service Provider | $1,459,413 | — | $1,459,413 |
| DIGITAL INSURANCE, INC. | Other Service Provider | $878,233 | — | $878,233 |
| HUB INTERNATIONAL NORTHWEST, LLC | Other Service Provider | $613,673 | — | $613,673 |
| PARKER, SMITH AND FEEK, INC. | Other Service Provider | $494,730 | — | $494,730 |
| ARMFIELD, HARRISON & THOMAS TECH | Other Service Provider | $476,240 | — | $476,240 |
| PCF INSURANCE SERVICES OF THE WEST | Other Service Provider | $261,197 | — | $261,197 |
| JS EVENSON, LLC | Other Service Provider | $256,000 | — | $256,000 |
| BTG AND ASSOCIATES DBA BTG BENEFITS | Other Service Provider | $246,692 | — | $246,692 |
| ACRISURE NW PARTNERS INSURANCE SERV | Other Service Provider | $242,258 | — | $242,258 |
| SAPPER INSURANCE, LLC | Other Service Provider | $231,680 | — | $231,680 |
| BELL-ANDERSON AGENCY, INC. | Other Service Provider | $201,570 | — | $201,570 |
| MADDOCK & ASSOCIATES, LLC | Other Service Provider | $196,217 | — | $196,217 |
| ASSUREDPARTNERS OF WA LLC | Other Service Provider | $194,018 | — | $194,018 |
| SPRAGUE ISRAEL GILES INSURANCE, INC | Other Service Provider | $139,608 | — | $139,608 |
| WHITFIELDS UNITED INSURANCE AGENCIE | Other Service Provider | $128,795 | — | $128,795 |
| MARSH USA, INC. | Investment Advisor | $120,837 | — | $120,837 |
| CUMMINGS, FRASER & ASSOCIATES, LLC | Other Service Provider | $111,080 | — | $111,080 |
| MANNA INSURANCE GROUP, LLC | Other Service Provider | $86,187 | — | $86,187 |
| BROWN & BROWN INSURANCE SERVICES, I | Other Service Provider | $84,940 | — | $84,940 |
| DAVIS WRIGHT TREMAINE, LLP | ERISA Attorney | $83,696 | — | $83,696 |
| MIKE JAPHET | Other Service Provider | $83,335 | — | $83,335 |
| USI NORTHWEST | Other Service Provider | $80,832 | — | $80,832 |
| TACOMA-PIERCE COUNTY CHAMBER | Other Service Provider | $78,976 | — | $78,976 |
| WALLINGFORD FINANCIAL AND COLLEGE P | Other Service Provider | $78,903 | — | $78,903 |
| OLYMPIC CREST INSURANCE, INC. | Other Service Provider | $77,370 | — | $77,370 |
| AFFILIATED SERVICES, LLC | Other Service Provider | $77,086 | — | $77,086 |
| TERRILL LEWIS AND WILKE INSURANCE | Other Service Provider | $76,833 | — | $76,833 |
| ALLIANT INSURANCE SERVICES, INC. | Other Service Provider | $74,175 | — | $74,175 |
| GROUP SOLUTIONS NORTHWEST, LLC | Other Service Provider | $70,521 | — | $70,521 |
| PRO BENEFITS OF WASHINGTON, LLC | Other Service Provider | $70,305 | — | $70,305 |
| PAYCHEX INSURANCE AGENCY, INC. | Other Service Provider | $70,188 | — | $70,188 |
| AUKEMA & ASSOCIATES, INC. (RAEL & L | Other Service Provider | $64,329 | — | $64,329 |
| OAK INSURANCE SERVICES, LLC | Other Service Provider | $58,989 | — | $58,989 |
| TRUEBENEFITS LLC | Other Service Provider | $58,002 | — | $58,002 |
| PILKEY HOPPING & EKBERG, INC. | Other Service Provider | $57,834 | — | $57,834 |
| ESSENTIAL BENEFITS, LLC | Other Service Provider | $57,557 | — | $57,557 |
| GALLAGHER BENEFITS SERVICES, INC. | Investment Advisor | $56,536 | — | $56,536 |
| VAULT INSURANCE & INVESTMENTS, LLC | Other Service Provider | $52,481 | — | $52,481 |
| ADVISOR SERVICES, LLC | Other Service Provider | $49,441 | — | $49,441 |
| BEHAVORIAL HEALTH SYSTEMS, INC. | Other Service Provider | $48,849 | — | $48,849 |
| B&F INSURANCE, LLC | Other Service Provider | $45,785 | — | $45,785 |
| RIVERSIDE EMPLOYEE BENEFITS, LLC | Other Service Provider | $45,119 | — | $45,119 |
| PROPEL INSURANCE AGENCY, LLC | Other Service Provider | $44,842 | — | $44,842 |
| M&O AGENCIES DBA THE MAHONEY GRP | Other Service Provider | $43,400 | — | $43,400 |
| HR RESOURCE, INC. | Other Service Provider | $41,314 | — | $41,314 |
| NORTHWEST BENEFIT SOLUTIONS | Other Service Provider | $41,108 | — | $41,108 |
| FINANCIAL PLANNING CONCEPTS, INC. | Other Service Provider | $41,087 | — | $41,087 |
| WOODRUFF SAWYER & COMPANY | Other Service Provider | $40,655 | — | $40,655 |
| BENEFIT DESIGN SERVICES, LLC | Other Service Provider | $39,912 | — | $39,912 |
| JW BYRNES INSURANCE, LLC | Other Service Provider | $39,791 | — | $39,791 |
| WILSON ALBERS AN ALERA GROUP AGENCY | Other Service Provider | $39,218 | — | $39,218 |
| SCHOEDEL & SCHOEDEL, CPAS, PLLC | Other Service Provider | $38,400 | — | $38,400 |
| BELLINGHAM WHATCOM CHAMBER | Other Service Provider | $36,906 | — | $36,906 |
| MITCHELL, REED & SCHMITTEN INSURANC | Other Service Provider | $34,046 | — | $34,046 |
| R.L. EVANS COMPANY, INC. | Other Service Provider | $33,960 | — | $33,960 |
| MICHAEL BENZIKRY & INSURANCE, PLLC | Other Service Provider | $33,251 | — | $33,251 |
| IDEAL BENEFIT SOLUTIONS, LLC | Other Service Provider | $32,503 | — | $32,503 |
| THE PARTNERS GROUP, LTD. | Other Service Provider | $32,388 | — | $32,388 |
| AIREY BENEFITS COMPANY | Other Service Provider | $30,172 | — | $30,172 |
| SEA-MOUNTAIN INSURANCE BROKER, INC. | Other Service Provider | $29,952 | — | $29,952 |
| OSWALD COMPANIES | Other Service Provider | $29,009 | — | $29,009 |
| BROWN & BROWN OF WASHINGTON, INC. | Other Service Provider | $28,380 | — | $28,380 |
| J. FRANKLAND EMPLOYEE BENEFIT SERVI | Other Service Provider | $27,185 | — | $27,185 |
| GREATER YAKIMA CHAMBER OF COMMERCE | Other Service Provider | $27,146 | — | $27,146 |
| GROUP BENEFITS, LLC | Other Service Provider | $24,753 | — | $24,753 |
| NORMAN STRUNK DBA STRUNK FINANCIAL | Other Service Provider | $24,314 | — | $24,314 |
| PAUL RICHARDSON AGENCY | Other Service Provider | $23,795 | — | $23,795 |
| CALLIS & ASSOCIATES, INC. | Other Service Provider | $23,106 | — | $23,106 |
| WESTLEY PRICE INSURANCE, LLC | Other Service Provider | $22,936 | — | $22,936 |
| LIBKE INSURANCE ASSOCIATES | Other Service Provider | $22,852 | — | $22,852 |
| THE STUPEY AGENCY | Other Service Provider | $22,753 | — | $22,753 |
| ALLIANT INSURANCE SERVICES, INC. | Other Service Provider | $22,750 | — | $22,750 |
| MCGREGOR INSURANCE AGENCY, INC. | Other Service Provider | $20,611 | — | $20,611 |
| IMPACT CG, LLC | Other Service Provider | $20,524 | — | $20,524 |
| PASSPORT UNLIMITED, INC. | Other Service Provider | $20,000 | — | $20,000 |
| CASCADE VALLEY INSURANCE, INC. | Other Service Provider | $19,673 | — | $19,673 |
| COORDINATED BENEFITS DBA BASON PACI | Other Service Provider | $19,337 | — | $19,337 |
| CLG EMPLOYER RESOURCES | Other Service Provider | $18,253 | — | $18,253 |
| ECONOMIC ALLIANCE SNOHOMISH COUNTY | Other Service Provider | $17,864 | — | $17,864 |
| DENALI BENEFITS, INC. | Other Service Provider | $17,844 | — | $17,844 |
| BALDERSON & HEBERT, LLC | Other Service Provider | $17,727 | — | $17,727 |
| BAKER INSURANCE GROUP, LLC | Other Service Provider | $17,495 | — | $17,495 |
| THE LIGHTLE GROUP, LLC DBA RADWICK | Other Service Provider | $17,060 | — | $17,060 |
| ASSUREDPARTNERS OF WA DBA FORTUNE M | Other Service Provider | $16,412 | — | $16,412 |
| RONALD PETERSON | Other Service Provider | $15,835 | — | $15,835 |
| MATTHEW D. WYATT INSURANCE AGENCY | Other Service Provider | $15,413 | — | $15,413 |
| ARDENT BENEFITS | Other Service Provider | $14,598 | — | $14,598 |
| EPIC INSURANCE SOLUTIONS, LLC | Other Service Provider | $14,501 | — | $14,501 |
| BENEFITS CONSULTING SERVICES, LLC | Other Service Provider | $14,415 | — | $14,415 |
| BENEFITS RESOURCE GROUP, INC. | Other Service Provider | $13,770 | — | $13,770 |
| INSURANCE CONSULTING NW, INC. | Other Service Provider | $12,445 | — | $12,445 |
| MUTUAL BENEFITS, INC. | Other Service Provider | $11,418 | — | $11,418 |
| D&D FINANCIAL SERVICES | Recordkeeper | $11,235 | — | $11,235 |
| ARCHBRIGHT | Other Service Provider | $11,112 | — | $11,112 |
| JOSEPH PAINE INC. DBA GUS PAINE INS | Other Service Provider | $10,610 | — | $10,610 |
| BERG BENEFITS, INC. | Other Service Provider | $10,431 | — | $10,431 |
| SPRINGER BENEFITS, LLC | Other Service Provider | $10,056 | — | $10,056 |
| VAN RAY FINANCIAL DBA VAN WINKLE IN | Other Service Provider | $10,050 | — | $10,050 |
| PSG WASHINGTON, INC. | Other Service Provider | $9,168 | — | $9,168 |
| CHAD J. PHILIP | Other Service Provider | $9,144 | — | $9,144 |
| MORAN BENEFIT ADVISORS, INC - INOVA | Other Service Provider | $8,660 | — | $8,660 |
| LAURA LAMBORN DBA LL DESIGN & PRODU | Other Service Provider | $8,300 | — | $8,300 |
| LLOYD K. LYSNE II | Other Service Provider | $7,960 | — | $7,960 |
| TRI CITIES INSURANCE PROFESSIONALS | Other Service Provider | $7,787 | — | $7,787 |
| CLEARBENEFITS, LLC | Other Service Provider | $7,564 | — | $7,564 |
| PIVAR FINANCIAL GROUP, LLC | Other Service Provider | $7,418 | — | $7,418 |
| BENEFITS DIVISION, LLC | Other Service Provider | $7,383 | — | $7,383 |
| PH INSURANCE SERVICES, INC. | Other Service Provider | $7,063 | — | $7,063 |
| PATRICK J. CONROY INSURANCE | Other Service Provider | $6,870 | — | $6,870 |
| NPB ADVISORS | Other Service Provider | $6,793 | — | $6,793 |
| NORTHWEST INTERPRETERS DBA NWI GLOB | Other Service Provider | $6,732 | — | $6,732 |
| VENTURE LIFE & HEALTH, INC. | Other Service Provider | $6,464 | — | $6,464 |
| WMC BUSINESS SERVICES, LLC | Other Service Provider | $6,205 | — | $6,205 |
| KRISTIN MANWARING INSURANCE ASSOCIA | Other Service Provider | $6,174 | — | $6,174 |
| HYLANT GROUP, INC. | Other Service Provider | $6,169 | — | $6,169 |
| ACRISURE ADVANTAGE SERVICES, LLC | Other Service Provider | $5,839 | — | $5,839 |
| PACIFIC NW INSURANCE BROKERAGE, INC | Other Service Provider | $5,839 | — | $5,839 |
| LARSEN BENEFIT PROFESSIONALS, INC. | Other Service Provider | $5,750 | — | $5,750 |
| FRIEDA P. CHIANG | Other Service Provider | $5,716 | — | $5,716 |
| GEN DIGITAL, INC. | Other Service Provider | $5,599 | — | $5,599 |
| HEALTH BENEFITS WASHINGTON CORP. | Other Service Provider | $5,277 | — | $5,277 |
| VERUS INSURANCE SERVICES LLC DBA | Other Service Provider | $5,165 | — | $5,165 |
| J&M BENEFITS INC. DBA FRP FINANCIAL | Other Service Provider | $5,045 | — | $5,045 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARSH USA, INC. — Investment Advisor
- DAVIS WRIGHT TREMAINE, LLP — ERISA Attorney
- GALLAGHER BENEFITS SERVICES, INC. — Investment Advisor
- D&D FINANCIAL SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,568,844
- Estimated Expense Ratio: 92.866% 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 | $17,979,318 | — | $4,301,124 | $38,400 | — |
| 2023 | $15,197,824 | — | $3,598,350 | $36,600 | — |
| 2022 | $12,960,906 | — | $3,132,013 | — | $9,348,395 |