Plan Snapshot
- Plan Sponsor: Seattle Pacific Industries, INC.
- Sponsor EIN: 911124736
- Sponsor Address: 21216 72ND AVE. S., KENT, WA, 98032
- Plan Type: 401(k)
- Total Participants: 63
- Total Assets: $21.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 63 | $21.0M | $72,079 | $582,317 |
| 2023 | 66 | $19.8M | $75,381 | $545,051 |
| 2022 | 61 | $17.5M | $69,671 | $565,232 |
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 |
|---|---|---|---|---|
| CLARK NUBER PS | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $4,224 | $2,740 | — | — | — |
| 2023 | $1,348 | $163 | — | — | — |
| 2022 | $896 | — | — | — | — |