Plan Snapshot
- Plan Sponsor: Multicare Health System
- Sponsor EIN: 911352172
- Sponsor Address: PO BOX 5299 MAILSTOP 1313-5-HP, TACOMA, WA, 98415
- Plan Type: 401(k)
- Total Participants: 9,028
- Total Assets: $779.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 9,028 | $779.1M | $12.7M | $36.8M |
| 2023 | 5,478 | $353.6M | $9.9M | $29.3M |
| 2022 | 5,173 | $289.1M | $8.8M | $27.0M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | NONE | $623,969 | — | $623,969 |
| NORTHERN CAPITAL MANAGEMENT | NONE | $11,779 | — | $11,779 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $635,748
- Estimated Expense Ratio: 0.082% 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 | $625,170 | — | — | — | — |
| 2023 | $485,354 | — | — | — | — |
| 2022 | $445,483 | $14,339 | — | — | $600 |