Plan Snapshot
- Plan Sponsor: Northwest Financial Assns Employee Benefit Trust
- Sponsor EIN: 911040636
- Sponsor Address: 1325 4TH AVENUE, SUITE 1705, SEATTLE, WA, 98101
- Plan Type: Health & Welfare
- Plan Number: 504
- Total Participants: 4,062
- Total Assets: $4.2M
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 | 4,062 | $4.2M | $16.8M | $6.7M |
| 2023 | 4,295 | $3.5M | $14.6M | $6.7M |
| 2022 | 4,127 | $3.9M | $15.4M | $1.9M |
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 |
|---|---|---|---|---|
| DIMARTINO ASSOCIATES | Other Service Provider | $1,794,315 | — | $1,794,315 |
| VIMLY BENEFIT SOLUTIONS, INC. | Other Service Provider | $337,875 | — | $337,875 |
| WITHUMSMITH+BROWN, PC | Auditor | $24,752 | — | $24,752 |
| NORTHWEST CREDIT UNION ASSOCIATION | Other Service Provider | $10,000 | — | $10,000 |
| TURNER, STOEVE & GAGLIARDI, P.S. | Other Service Provider | $5,361 | — | $5,361 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,172,303
- Estimated Expense Ratio: 51.478% 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 | $2,191,325 | — | $908,610 | $24,752 | — |
| 2023 | $2,047,680 | — | $842,292 | $23,792 | — |
| 2022 | $1,211,816 | — | $347,840 | — | $24,591 |