Plan Snapshot
- Plan Sponsor: Sanmar Corporation
- Sponsor EIN: 910792443
- Sponsor Address: 22833 SE BLACK NUGGET ROAD, ISSAQUAH, WA, 98029
- Plan Type: 401(k)
- Total Participants: 5,003
- Total Assets: $204.3M
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 | 5,003 | $204.3M | $6.9M | $14.1M |
| 2023 | 5,146 | $168.6M | $6.3M | $12.5M |
| 2022 | 4,763 | $132.8M | $5.6M | $11.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $283,511 | — | $283,511 |
| HIGHLAND CAPITAL ADVISOR | INVESTMENT ADVISORY | $27,808 | — | $27,808 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $311,319
- Estimated Expense Ratio: 0.152% 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 | $250,314 | $16,377 | $233,937 | — | — |
| 2023 | $197,321 | — | $197,321 | — | — |
| 2022 | $175,216 | — | $175,216 | — | — |