Plan Snapshot
- Plan Sponsor: Omnitrade Health Trust
- Sponsor EIN: 276838771
- Sponsor Address: PO BOX 6, MUKILTEO, WA, 98275
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 4,294
- Total Assets: $1.5M
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 | 4,294 | $1.5M | $54.2M | $458,814 |
| 2023 | 4,411 | $1.4M | $48.3M | $347,628 |
| 2022 | 3,843 | $1.2M | $38.6M | $385,860 |
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 |
|---|---|---|---|---|
| ABD INSURANCE & FINANCIAL SERVICES, | Other Service Provider | $1,596,694 | — | $1,596,694 |
| VIMLY BENEFIT SOLUTIONS, INC | Other Service Provider | $625,169 | — | $625,169 |
| ASSOCIATED INDUSTRIES MANAGEMENT SE | Other Service Provider | $461,570 | — | $461,570 |
| DIGITAL INSURANCE, LLC | Other Service Provider | $312,270 | — | $312,270 |
| ARMFIELD, HARRISON & THOMAS TECH | Other Service Provider | $259,618 | — | $259,618 |
| ACRISURE LLC DBA RISQ CONSULTI | Other Service Provider | $224,096 | — | $224,096 |
| PARKER SMITH & FEEK INSURANCE, LLC | Other Service Provider | $192,118 | — | $192,118 |
| DAVIS WRIGHT TREMAINE, LLP | ERISA Attorney | $153,587 | — | $153,587 |
| ALASKA EMPLOYEE BENEFITS, INC | Other Service Provider | $130,935 | — | $130,935 |
| ASSUREDPARTNERS OF WA DBA FORTUNE | Other Service Provider | $113,974 | — | $113,974 |
| HUB INTERNATIONAL NORTHWEST, LLC | Other Service Provider | $113,542 | — | $113,542 |
| WILSON ALBERS AN ALERA GROUP AGENCY | Other Service Provider | $113,239 | — | $113,239 |
| PAYNEWEST INSURANCE, A MARSH & MCLE | Investment Advisor | $99,511 | — | $99,511 |
| AURORA NATIONAL INSURANCE | Other Service Provider | $88,978 | — | $88,978 |
| JOHN B. SCATES | Other Service Provider | $83,078 | — | $83,078 |
| GALLAGHER BENEFIT SERVICES | Investment Advisor | $76,584 | — | $76,584 |
| B & F INSURANCE, LLC | Other Service Provider | $71,870 | — | $71,870 |
| MARSH USA, INC. DBA MARSH & MC | Other Service Provider | $67,556 | — | $67,556 |
| SPRAGUE ISRAEL GILES, INC. | Other Service Provider | $64,308 | — | $64,308 |
| BTG AND ASSOCIATES DBA BTG BENEFITS | Other Service Provider | $62,579 | — | $62,579 |
| BELL-ANDERSON AGENCY, INC | Other Service Provider | $53,602 | — | $53,602 |
| GREGORY A MYHRE | Other Service Provider | $50,474 | — | $50,474 |
| BENEFIT DESIGN SERVICES, LLC | Other Service Provider | $49,896 | — | $49,896 |
| ACRISURE NW PARTNERS INSURANCE SERV | Other Service Provider | $38,708 | — | $38,708 |
| SCHOEDEL & SCHOEDEL CPAS, PLLC | Other Service Provider | $38,200 | — | $38,200 |
| SEA-MOUNTAIN INSURANCE BROKERS | Other Service Provider | $34,257 | — | $34,257 |
| WESTLEY PRICE INSURANCE, LLC | Other Service Provider | $25,962 | — | $25,962 |
| MADDOCK & ASSOCIATES, LLC | Other Service Provider | $25,890 | — | $25,890 |
| PSG WASHINGTON, INC | Other Service Provider | $25,443 | — | $25,443 |
| WHITFIELDS DBA LEAVITT GROUP BEN | Other Service Provider | $25,075 | — | $25,075 |
| WELLSPRING FAMILY SERVICES EAP | Other Service Provider | $22,619 | — | $22,619 |
| USI INSURANCE SERVICES NATIONAL | Other Service Provider | $20,589 | — | $20,589 |
| BENEFIT SOLUTIONS NORTHWEST LLC | Other Service Provider | $20,533 | — | $20,533 |
| TRUEBENEFITS, LLC | Other Service Provider | $19,974 | — | $19,974 |
| DAVE TUTTLE INSURANCE, INC | Other Service Provider | $19,146 | — | $19,146 |
| TERRIL LEWIS & WILKE INSURANCE | Other Service Provider | $15,549 | — | $15,549 |
| BENEFIT CONSULTING SERVICES, LLC | Other Service Provider | $14,282 | — | $14,282 |
| NICHOLSON & ASSOCIATES INSURANCE | Other Service Provider | $13,581 | — | $13,581 |
| CUMMINGS, FRASER, & ASSOCIATES, LLC | Other Service Provider | $13,472 | — | $13,472 |
| ALLIANT INSURANCE SERVICES, INC | Other Service Provider | $12,758 | — | $12,758 |
| MITCHELL REED & SCHMITTEN INSURANCE | Other Service Provider | $12,610 | — | $12,610 |
| KIBBLE & PRENTICE HOLDING CO DBA US | Other Service Provider | $12,320 | — | $12,320 |
| LOCKTON COMPANIES | Investment Advisor | $11,512 | — | $11,512 |
| WALTERS & ASSOCIATES INSURANCE, INC | Other Service Provider | $10,825 | — | $10,825 |
| R.L. EVANS COMPANY, INC. | Other Service Provider | $10,614 | — | $10,614 |
| PILKEY-HOPPING & EKBERG, INC. | Other Service Provider | $10,343 | — | $10,343 |
| INSURANCE OFFICE OF AMERICA, INC. | Other Service Provider | $9,792 | — | $9,792 |
| IMPACT CG, LLC | Other Service Provider | $9,057 | — | $9,057 |
| STEVENSON INSURANCE AGENCY, LLC | Other Service Provider | $8,397 | — | $8,397 |
| ASSUREDPARTNERS OF WA, LLC DBA RGIA | Other Service Provider | $8,289 | — | $8,289 |
| DUNCAN & ASSOCIATES INSURANCE BROKE | Other Service Provider | $7,271 | — | $7,271 |
| COORDINATED BENEFITS - THE SIMMONS | Other Service Provider | $6,785 | — | $6,785 |
| PCF INSURANCE OF THE WEST, LLC | Other Service Provider | $6,428 | — | $6,428 |
| ALASKA BENEFITS - PATRICIA IRENE MA | Other Service Provider | $6,293 | — | $6,293 |
| CLG EMPLOYER RESOURCES | Other Service Provider | $5,903 | — | $5,903 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DAVIS WRIGHT TREMAINE, LLP — ERISA Attorney
- PAYNEWEST INSURANCE, A MARSH & MCLE — Investment Advisor
- GALLAGHER BENEFIT SERVICES — Investment Advisor
- LOCKTON COMPANIES — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,587,725
- Estimated Expense Ratio: 371.009% 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 | $5,660,152 | — | $1,086,739 | $38,200 | — |
| 2023 | $5,013,861 | — | $968,897 | $33,600 | — |
| 2022 | $4,005,301 | — | $728,993 | — | $3,260,143 |