Plan Snapshot
- Plan Sponsor: Multicare Health System
- Sponsor EIN: 911352172
- Sponsor Address: P.O. BOX 5299, 1313-5-HP, TACOMA, WA, 984150299
- Plan Type: DB
- Total Participants: 721
- Total Assets: $557.5M
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 | 721 | $557.5M | $0 | $0 |
| 2023 | 785 | $559.6M | $0 | $0 |
| 2022 | 864 | $576.7M | $0 | $0 |
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 |
|---|---|---|---|---|
| LEGAL & GENERAL INVESTMENT MANAGEME | NONE | $377,415 | — | $377,415 |
| NISA INVESTMENT ADVISORS | NONE | $335,321 | — | $335,321 |
| MILLIMAN, INC. | NONE | $303,855 | — | $303,855 |
| PIMCO INVESTMENT MANAGEMENT CO | NONE | $268,499 | — | $268,499 |
| PRINCIPAL FINANCIAL GROUP INC | NONE | $115,205 | — | $115,205 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — NONE
- PRINCIPAL FINANCIAL GROUP INC — NONE
- 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: $1,400,295
- Estimated Expense Ratio: 0.251% 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 | $1,790,607 | $1,675,402 | — | — | — |
| 2023 | $1,651,739 | $1,547,222 | — | — | — |
| 2022 | $1,986,484 | $1,960,722 | — | — | $25,762 |