# Kitsap Credit Union 401(k) Plan
Source: https://planprovider.pro/companies/kitsap-credit-union-401k-plan

> Kitsap Credit Union's 401(k) plan: 319 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Kitsap Credit Union

- **Sponsor EIN:** 910333066

- **Sponsor Address:** PO BOX 990, BREMERTON, WA, 98337

- **Plan Type:** 401(k)

- **Total Participants:** 319

- **Total Assets:** $32.3M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|319|$32.3M|$1.2M|$1.8M|

| 2023|300|$27.7M|$1.1M|$1.8M|

| 2022|269|$23.5M|$968,575|$1.5M|

## 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|

| STANCORP FINANCIAL GROUP|NONE|$55,879|—|$55,879|

| ALERA INVESTMENT ADVISORS, LLC|NONE|$42,754|—|$42,754|

| PBMARES, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STANCORP FINANCIAL GROUP](https://planprovider.pro/provider/charles-schwab-and-co-inc) — NONE

- [ALERA INVESTMENT ADVISORS, LLC](https://planprovider.pro/provider/alera-investment-advisors-llc) — NONE

- [PBMARES, LLP](https://planprovider.pro/provider/pbmares-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $98,633

- **Estimated Expense Ratio:** 0.305% 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|$60,017|$46,669|$13,348|—|—|

| 2023|$58,984|$43,547|$15,437|—|—|

| 2022|$58,270|—|$58,270|—|—|

## Similar Plans

- [Iq Credit Union](https://planprovider.pro/companies/iq-credit-union-401k-plan) — 344 participants

- [Sound Credit Union](https://planprovider.pro/companies/sound-credit-union-401k-plan) — 401 participants

- [Whatcom Educational Credit Union](https://planprovider.pro/companies/whatcom-educational-credit-union-plan-002) — 418 participants

- [Hapo Community Credit Union](https://planprovider.pro/companies/hapo-community-credit-union-401k-plan) — 514 participants

- [Numerica Credit Union](https://planprovider.pro/companies/numerica-credit-union-401k-plan) — 664 participants

- [Twinstar Credit Union](https://planprovider.pro/companies/twinstar-credit-union-401k-plan) — 804 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/kitsap-credit-union-401k-plan)

© 2026 PlanProvider.Pro