Plan Snapshot
- Plan Sponsor: Pay Plus Benefits INC
- Sponsor EIN: 911498297
- Sponsor Address: DIANA MINARD, KENNEWICK, WA, 99336
- Plan Type: 401(k)
- Total Participants: 68
- Total Assets: $8.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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. |
|---|---|---|---|---|
| 2023 | 68 | $8.6M | $170,531 | $542,417 |
| 2022 | 73 | $7.7M | $155,267 | $682,542 |
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 |
|---|---|---|---|---|
| CEDAR MOUNTAIN ADVISORS, LLC | NONE | $39,490 | — | $39,490 |
| PRUDENTIAL RETIREMENT INS & ANN CO | NONE | $33,478 | — | $33,478 |
| NORTHWEST CPA GROUP PLLC | Auditor | $27,793 | — | $27,793 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWEST CPA GROUP PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,761
- Estimated Expense Ratio: 1.178% 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 |
|---|---|---|---|---|---|
| 2023 | $64,277 | $19,745 | $16,739 | $27,793 | — |
| 2022 | $39,663 | $19,419 | $14,295 | — | $4,558 |