Plan Snapshot
- Plan Sponsor: Solid Ground Washington
- Sponsor EIN: 237421892
- Sponsor Address: 1501 N 45TH STREET, SEATTLE, WA, 981036708
- Plan Type: 401(k)
- Total Participants: 245
- Total Assets: $13.4M
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. |
|---|---|---|---|---|
| 2024 | 245 | $13.4M | $483,797 | $644,118 |
| 2023 | 215 | $12.1M | $451,514 | $617,409 |
| 2022 | 210 | $10.9M | $440,943 | $564,362 |
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 |
|---|---|---|---|---|
| NWPS | Recordkeeper | $36,020 | — | $36,020 |
| MG TRUST CO D/B/A MATRIX TRUST CO | Recordkeeper | $5,768 | — | $5,768 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NWPS — Recordkeeper
- MG TRUST CO D/B/A MATRIX TRUST CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,788
- Estimated Expense Ratio: 0.312% 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 | $41,788 | — | — | — | — |
| 2023 | $39,934 | — | — | — | — |
| 2022 | $41,828 | $6,268 | $35,560 | — | — |