Plan Snapshot
- Plan Sponsor: Premera
- Sponsor EIN: 911662324
- Sponsor Address: PO BOX 327, SEATTLE, WA, 98111
- Plan Type: DB
- Plan Number: 001
- Total Participants: 4,696
- Total Assets: $476.8M
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. |
|---|---|---|---|---|
| 2025 | 4,696 | $476.8M | $0 | $0 |
| 2024 | 2,755 | $445.6M | $25.0M | $0 |
| 2023 | 2,680 | $479.3M | $20.0M | $0 |
| 2022 | 2,481 | $406.1M | $20.0M | $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 |
|---|---|---|---|---|
| NISA INVESTMENT ADVISORS, LLC | Investment Advisor | $554,453 | — | $554,453 |
| WILLIS TOWERS WATSON US LLC | Actuary | $340,121 | — | $340,121 |
| JPMORGAN CHASE BANK, N.A. | Investment Advisor | $294,425 | — | $294,425 |
| BURGUNDY ASSET MANAGEMENT LTD. | Investment Advisor | $214,887 | — | $214,887 |
| SILCHESTER INTERNATIONAL INVESTORS | Investment Advisor | $203,299 | — | $203,299 |
| WELLINGTON TRUST | Investment Advisor | $98,033 | — | $98,033 |
| THE BANK OF NEW YORK MELLON TRST CO | Custodian / Trustee | $70,594 | — | $70,594 |
| MARINER | Investment Advisor | $47,838 | — | $47,838 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,823,650
- Estimated Expense Ratio: 0.382% 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 |
|---|---|---|---|---|---|
| 2025 | $26,146,712 | $1,379,673 | — | — | — |
| 2024 | $2,400,283 | $1,367,092 | — | — | — |
| 2023 | $2,207,130 | $1,422,365 | — | — | — |
| 2022 | $2,650,010 | $1,622,648 | $142,964 | — | $289,191 |