Plan Snapshot
- Plan Sponsor: Skookum Educational Programs
- Sponsor EIN: 911434778
- Sponsor Address: 4525 AUTO CENTER WAY, BREMERTON, WA, 98312
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,133
- Total Assets: $64.6M
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. |
|---|---|---|---|---|
| 2025 | 2,133 | $64.6M | $0 | $0 |
| 2024 | 1,399 | $51.5M | $5.2M | $2.4M |
| 2023 | 1,332 | $44.6M | $4.9M | $2.0M |
| 2022 | 1,279 | $37.6M | $4.6M | $1.9M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Other Service Provider | $197,965 | $7,388 | $205,353 |
| SCS | Other Service Provider | $52,979 | — | $52,979 |
| ALERA INVESTMENT ADVISORS, LLC | Other Service Provider | $19,078 | — | $19,078 |
| RELIANCE | Other Service Provider | — | $5,729 | $5,729 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $283,139
- Estimated Expense Ratio: 0.438% 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 |
|---|---|---|---|---|---|
| 2025 | $6,437,961 | — | $197,692 | $72,057 | — |
| 2024 | $274,633 | $67,407 | $207,226 | — | — |
| 2023 | $242,298 | $57,862 | $184,436 | — | — |
| 2022 | $255,438 | — | $255,438 | — | — |