Plan Snapshot
- Plan Sponsor: Machinists, INC.
- Sponsor EIN: 910694678
- Sponsor Address: P.O. BOX 80505, SEATTLE, WA, 98108
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $21.8M
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 | 123 | $21.8M | $316,034 | $793,774 |
| 2023 | 119 | $21.5M | $330,606 | $861,057 |
| 2022 | 123 | $19.9M | $292,631 | $776,291 |
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 |
|---|---|---|---|---|
| AMERICAN TRUST COMPANY | CONTRACT ADMIN | $40,499 | — | $40,499 |
| TRUTINA FINANCIAL | INVESTMENT ADVISOR | $37,458 | — | $37,458 |
| VWC, P.S. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $77,957
- Estimated Expense Ratio: 0.357% 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 | $77,957 | — | — | — | — |
| 2023 | $75,576 | — | — | — | — |
| 2022 | $81,078 | $38,682 | $42,396 | — | — |