Plan Snapshot
- Plan Sponsor: Metropolitan Development Council
- Sponsor EIN: 910780533
- Sponsor Address: 721 FAWCETT AVENUE #201, TACOMA, WA, 98402
- Plan Type: 403(b)
- Total Participants: 159
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 159 | $6.1M | $395,898 | $243,743 |
| 2023 | 152 | $6.0M | $386,959 | $230,536 |
| 2022 | 178 | $5.6M | $398,666 | $227,700 |
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 |
|---|---|---|---|---|
| D.A. DAVIDSON | AGENT | $42,309 | — | $42,309 |
| PCS | RECORDKEEPER INVEST. CO. | $15,731 | — | $15,731 |
| PROFESSIONAL BENEFIT SERVICES | TPA | $13,330 | — | $13,330 |
| RELIASTAR LIFE INSURANCE COMPANY, | SERVICE PROVIDER | — | $7,746 | $7,746 |
| JOHNSON, STONE & PAGANO, P.S. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHNSON, STONE & PAGANO, P.S. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,116
- Estimated Expense Ratio: 1.301% 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 | $71,410 | $42,309 | — | — | — |
| 2023 | $72,062 | $37,616 | — | — | — |
| 2022 | $58,817 | — | $58,817 | — | — |