Plan Snapshot
- Plan Sponsor: St.Joseph Health System
- Sponsor EIN: 953589356
- Sponsor Address: 1801 LIND AVENUE SW, RENTON, WA, 98057
- Plan Type: 401(k)
- Total Participants: 30,166
- Total Assets: $4.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 30,166 | $4.5B | $145.1M | $241.2M |
| 2023 | 29,922 | $3.9B | $121.4M | $220.4M |
| 2022 | 28,968 | $3.3B | $124.8M | $201.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $1,259,172 | — | $1,259,172 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $965,279 | — | $965,279 |
| SEVEN SIMPLE MACHINES | CONSULTANT | $172,722 | — | $172,722 |
| MILLIMAN INC. | CONSULTANT | $143,534 | — | $143,534 |
| CLARK NUBER, P.S. | ACCOUNTANT/AUDITOR | $48,600 | — | $48,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- MILLIMAN INC. — CONSULTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,589,307
- Estimated Expense Ratio: 0.058% 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 | $2,589,307 | $965,279 | $316,256 | $48,600 | — |
| 2023 | $2,368,780 | $751,587 | $304,387 | $35,440 | — |
| 2022 | $2,600,189 | $791,348 | $1,760,441 | — | $48,400 |