Plan Snapshot
- Plan Sponsor: Investco Insurance Trust
- Sponsor EIN: 916318349
- Sponsor Address: 1302 PUYALLUP STREET, SUMNER, WA, 98390
- Plan Type: 401(k)
- Plan Number: 550
- Total Participants: 482
- Total Assets: $1.7M
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 | 482 | $1.7M | $5.4M | $2.1M |
| 2023 | 657 | $1.8M | $4.8M | $1.9M |
| 2022 | 657 | $2.5M | $4.4M | $2.3M |
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 |
|---|---|---|---|---|
| HCC BENEFITS CORP | Other Service Provider | $568,412 | — | $568,412 |
| HEALTHCARE MANAGEMENT ADMIN | Other Service Provider | $359,003 | — | $359,003 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $927,415
- Estimated Expense Ratio: 56.172% 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 | $646,749 | — | $359,003 | — | — |
| 2023 | $686,689 | — | $343,846 | — | — |
| 2022 | $514,901 | — | $365,797 | — | — |