Plan Snapshot
- Plan Sponsor: Colville Tribal Federal Corporation
- Sponsor EIN: 911523072
- Sponsor Address: P.O. BOX 150, NESPELEM, WA, 99155
- Plan Type: 401(k)
- Total Participants: 656
- Total Assets: $17.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 656 | $17.5M | $1.2M | $923,928 |
| 2023 | 633 | $15.5M | $1.2M | $878,469 |
| 2022 | 652 | $12.3M | $957,391 | $764,758 |
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 |
|---|---|---|---|---|
| INDEPENDENT FINANCIAL GROUP, LLC | ADVISOR | $13,800 | — | $13,800 |
| MATRIX TRUST COMPANY | CUSTODIAN | $12,095 | — | $12,095 |
| ALPINE SUMMIT CPAS | AUDITOR | $11,750 | — | $11,750 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,645
- Estimated Expense Ratio: 0.215% 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 | $37,926 | $13,800 | — | $11,750 | — |
| 2023 | $46,461 | $13,726 | $10,385 | $22,350 | — |
| 2022 | $23,493 | $13,022 | — | — | $10,471 |