Plan Snapshot
- Plan Sponsor: Northwest Portland Area Indian Health Board
- Sponsor EIN: 930718154
- Sponsor Address: 920 NW 17TH AVE, PORTLAND, OR, 97209
- Plan Type: 401(k)
- Total Participants: 136
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 136 | $9.8M | $589,494 | $389,189 |
| 2023 | 144 | $8.3M | $584,971 | $425,197 |
| 2022 | 118 | $7.6M | $517,784 | $431,379 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE | Recordkeeper | $28,486 | — | $28,486 |
| SOVEREIGN INVESTMENT ADVISOR LLC | Investment Advisor | $26,864 | $19 | $26,883 |
| PREMIER RETIREMENT SERVICES | Recordkeeper | $1,575 | $4,439 | $6,014 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $61,383
- Estimated Expense Ratio: 0.624% 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 | $57,035 | — | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |