Plan Snapshot
- Plan Sponsor: Seattle Pacific University
- Sponsor EIN: 910565553
- Sponsor Address: 3307 3RD AVE. W., SUITE #302, SEATTLE, WA, 98119
- Plan Type: 401(k)
- Plan Number: 508
- Total Participants: 308
- Total Assets: $11.9M
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 | 308 | $11.9M | $173,662 | $64,158 |
| 2023 | 359 | $10.8M | $246,119 | $67,586 |
| 2022 | 379 | $9.6M | $154,609 | $70,200 |
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 |
|---|---|---|---|---|
| EMERITI RETIREMENT HEALTH SOLUTIONS | Other Service Provider | $26,877 | — | $26,877 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,877
- Estimated Expense Ratio: 0.227% 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 | $26,877 | — | $26,877 | — | — |
| 2023 | $18,892 | — | $18,892 | — | — |
| 2022 | $11,058 | — | $11,058 | — | — |