Plan Snapshot
- Plan Sponsor: Puget Sound Energy, INC.
- Sponsor EIN: 910374630
- Sponsor Address: P.O. BOX 97034, BELLEVUE, WA, 980099734
- Plan Type: DB
- Total Participants: 1,805
- Total Assets: $830.1M
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 | 1,805 | $830.1M | $18.0M | $0 |
| 2023 | 1,858 | $785.5M | $18.0M | $0 |
| 2022 | 1,911 | $696.9M | $18.0M | $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 |
|---|---|---|---|---|
| MFS HERITAGE TRUST COMPANY | NONE | $567,597 | — | $567,597 |
| MILLIMAN, INC. | NONE | $550,353 | — | $550,353 |
| BOSTON TRUST WALDEN INC | NONE | $377,229 | — | $377,229 |
| LOOMIS SAYLES & COMPANY, L.P. | NONE | $302,210 | — | $302,210 |
| PIMCO | NONE | $282,363 | — | $282,363 |
| DODGE & COX | NONE | $255,657 | — | $255,657 |
| U.S. BANK | NONE | $142,807 | — | $142,807 |
| CALLAN ASSOCIATES, INC. | NONE | $118,946 | — | $118,946 |
| BAKER TILLY US, LLP | Auditor | $40,850 | — | $40,850 |
| CLARK NUBER P.S. | NONE | $40,850 | — | $40,850 |
| PERKINS COIE, LLP | NONE | $26,964 | — | $26,964 |
| BLACKROCK INSTITUTIONAL TRUST CO. | NONE | $13,266 | — | $13,266 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLIMAN, INC. — NONE
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,719,092
- Estimated Expense Ratio: 0.328% 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 | $3,318,206 | $1,942,471 | $441,963 | $40,850 | — |
| 2023 | $3,298,678 | $1,864,863 | $518,883 | $36,600 | — |
| 2022 | $3,634,782 | $2,274,885 | $463,312 | — | $422,353 |