Plan Snapshot
- Plan Sponsor: Seattle Foundation
- Sponsor EIN: 916013536
- Sponsor Address: 1601 5TH AVE., STE. 1900, SEATTLE, WA, 981013615
- Plan Type: 401(k)
- Total Participants: 70
- Total Assets: $16.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 70 | $16.0M | $685,073 | $1.1M |
| 2023 | 95 | $13.9M | $561,527 | $1.0M |
| 2022 | 91 | $11.3M | $560,436 | $1.1M |
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 |
|---|---|---|---|---|
| NATIONWIDE | RECORDKEEPER | $33,759 | — | $33,759 |
| LPL FINANCIAL LLC - RPCP | FINANCIAL ADVISOR | $25,592 | — | $25,592 |
| HUNNEX AND SHOEMAKER, INC. | TPA | $3,627 | $6,025 | $9,652 |
| CLARK NUBER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NATIONWIDE — RECORDKEEPER
- LPL FINANCIAL LLC - RPCP — FINANCIAL ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,003
- Estimated Expense Ratio: 0.430% 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 | $28,892 | — | $28,892 | — | — |
| 2023 | $62,109 | — | $62,109 | — | — |
| 2022 | $52,622 | — | $52,622 | — | — |