Plan Snapshot
- Plan Sponsor: Seiu Local 503, Oregon Public Employees Union
- Sponsor EIN: 930323147
- Sponsor Address: 1730 COMMERCIAL STREET SE, SALEM, OR, 97302
- Plan Type: DC
- Total Participants: 174
- Total Assets: $32.9M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 174 | $32.9M | $2.4M | $344,842 |
| 2023 | 171 | $29.0M | $2.2M | $325,232 |
| 2022 | 167 | $24.8M | $1.9M | $297,539 |
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 |
|---|---|---|---|---|
| ALDRICH WEALTH ADVISOR | NONE | $92,635 | — | $92,635 |
| NWPS | NONE | $24,563 | — | $24,563 |
| CHARLES SCHWAB & CO, INC. | NONE | $9,191 | — | $9,191 |
| MEIHAUS CPA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALDRICH WEALTH ADVISOR — NONE
- NWPS — NONE
- CHARLES SCHWAB & CO, INC. — NONE
- MEIHAUS CPA, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $126,389
- Estimated Expense Ratio: 0.384% 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 | $126,389 | $92,635 | — | — | — |
| 2023 | $109,256 | $78,977 | $5,707 | — | — |
| 2022 | $99,993 | $72,268 | $27,725 | — | — |