Plan Snapshot
- Plan Sponsor: Prime Group LLC
- Sponsor EIN: 383974080
- Sponsor Address: 3460 161ST AVE SE, BELLEVUE, WA, 98008
- Plan Type: 401(k)
- Total Participants: 324
- Total Assets: $36.4M
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. |
|---|---|---|---|---|
| 2024 | 324 | $36.4M | $1.8M | $2.4M |
| 2023 | 292 | $30.7M | $1.7M | $2.2M |
| 2022 | 296 | $25.9M | $1.4M | $2.0M |
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 |
|---|---|---|---|---|
| NWPS | NONE | $44,752 | — | $44,752 |
| CHARLES SCHWAB TRUST BANK | NONE | $11,060 | — | $11,060 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — NONE
- CHARLES SCHWAB TRUST BANK — NONE
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,812
- Estimated Expense Ratio: 0.153% 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 | $55,812 | — | — | — | — |
| 2023 | $56,578 | $2,632 | — | — | — |
| 2022 | $51,113 | $19,248 | $26,476 | — | — |