Plan Snapshot
- Plan Sponsor: Northwest Fiber LLC
- Sponsor EIN: 845117312
- Sponsor Address: 135 LAKE STREET SOUTH, KIRKLAND, WA, 98033
- Plan Type: 401(k)
- Total Participants: 1,757
- Total Assets: $174.1M
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 | 1,757 | $174.1M | $2.6M | $10.1M |
| 2023 | 1,589 | $151.3M | $2.5M | $9.9M |
| 2022 | 1,451 | $133.1M | $2.4M | $9.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $40,358 | — | $40,358 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $23,166 | — | $23,166 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- 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: $63,524
- Estimated Expense Ratio: 0.036% 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 | $63,524 | $23,166 | $300 | — | — |
| 2023 | $44,809 | $12,129 | $900 | — | — |
| 2022 | $27,005 | $3,141 | — | — | — |