Plan Snapshot
- Plan Sponsor: Hewt Administrative Committee
- Sponsor EIN: 912017261
- Sponsor Address: 2435 STEVENS DRIVE, RICHLAND, WA, 99352
- Plan Type: 401(k)
- Plan Number: 550
- Total Participants: 3,086
- Total Assets: $33.3M
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 | 3,086 | $33.3M | $82.3M | $27.1M |
| 2023 | 4,002 | $24.6M | $87.7M | $26.4M |
| 2022 | 5,176 | $11.8M | $80.4M | $25.6M |
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 |
|---|---|---|---|---|
| NEW YORK LIFE INSURANCE CO | Other Service Provider | $478,423 | — | $478,423 |
| UNITED HEALTH CARE INSURANCE CO | Other Service Provider | $363,304 | — | $363,304 |
| WILLAMETTE DENTAL | Other Service Provider | $330,663 | — | $330,663 |
| DAVIS WRIGHT TREMAINE LLP | ERISA Attorney | $256,585 | — | $256,585 |
| MERCER | Investment Advisor | $46,704 | — | $46,704 |
| MILLER KAPLAN ARASE LLP | Auditor | $31,200 | — | $31,200 |
| WAGEWORKS, INC | Other Service Provider | $30,475 | — | $30,475 |
| AON CONSULTING, INC | Recordkeeper | $24,921 | — | $24,921 |
| USI INSURANCE SERVICES | Other Service Provider | $24,302 | — | $24,302 |
| EXPRESS SCRIPTS | Other Service Provider | $15,152 | — | $15,152 |
| SPECTERA | Other Service Provider | $5,088 | — | $5,088 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIS WRIGHT TREMAINE LLP — ERISA Attorney
- MERCER — Investment Advisor
- MILLER KAPLAN ARASE LLP — Auditor
- AON CONSULTING, INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,606,817
- Estimated Expense Ratio: 4.829% 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 | $1,941,979 | — | $1,941,979 | — | — |
| 2023 | $1,678,376 | — | $1,678,376 | — | — |
| 2022 | $1,678,281 | — | — | — | $1,678,281 |