Plan Snapshot
- Plan Sponsor: Industrial Credit Union Of Whatcom County
- Sponsor EIN: 910587877
- Sponsor Address: 3233 NW AVENUE, BELLINGHAM, WA, 98225
- Plan Type: 401(k)
- Total Participants: 90
- Total Assets: $8.7M
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 | 90 | $8.7M | $278,010 | $442,295 |
| 2023 | 102 | $8.0M | $317,683 | $462,947 |
| 2022 | 106 | $6.3M | $316,932 | $449,977 |
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 |
|---|---|---|---|---|
| ALERA INVESTMENT ADVISORS LLC | SERVICE PROVIDER | — | $30,878 | $30,878 |
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALERA INVESTMENT ADVISORS LLC — SERVICE PROVIDER
- DOEREN MAYHEW ASSURANCE — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,878
- Estimated Expense Ratio: 0.354% 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 | $1,450 | — | $1,450 | — | — |
| 2023 | $1,700 | — | $1,700 | — | — |
| 2022 | $900 | — | $900 | — | — |