Plan Snapshot
- Plan Sponsor: Panorama
- Sponsor EIN: 943048988
- Sponsor Address: 1751 CIRCLE LANE SE, LACEY, WA, 985032570
- Plan Type: DC
- Plan Number: 001
- Total Participants: 259
- Total Assets: $10.0M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 259 | $10.0M | $500,000 | $0 |
| 2023 | 233 | $9.3M | $500,000 | $0 |
| 2022 | 222 | $8.8M | $500,000 | $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 |
|---|---|---|---|---|
| SWEENEY CONRAD, P.S. | Other Service Provider | $38,109 | — | $38,109 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $33,262 | — | $33,262 |
| SCS | Investment Advisor | $13,991 | $11 | $14,002 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,373
- Estimated Expense Ratio: 0.850% 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 | $66,315 | $23,524 | $33,263 | $9,528 | — |
| 2023 | $62,464 | $12,818 | $32,136 | $17,510 | — |
| 2022 | $68,278 | $11,555 | $41,723 | — | $15,000 |