Plan Snapshot
- Plan Sponsor: Columbia Banking System, INC.
- Sponsor EIN: 911422237
- Sponsor Address: 1301 A STREET, TACOMA, WA, 98402
- Plan Type: 401(k)
- Total Participants: 4,695
- Total Assets: $761.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,695 | $761.3M | $12.4M | $37.1M |
| 2023 | 4,927 | $695.3M | $12.1M | $31.8M |
| 2022 | 3,606 | $396.1M | $10.6M | $29.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $459,782 | — | $459,782 |
| HIGHLAND CAPITAL ADVISORS, LLC | CONSULTANT | $75,000 | — | $75,000 |
| DELAP LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- DELAP LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $534,782
- Estimated Expense Ratio: 0.070% 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 | $534,681 | — | $2,100 | — | — |
| 2023 | $342,352 | — | $600 | — | — |
| 2022 | $381,356 | — | — | — | — |