Plan Snapshot
- Plan Sponsor: Tapani, INC.
- Sponsor EIN: 911350790
- Sponsor Address: 1705 SOUTHEAST 9TH AVE, BATTLE GROUND, WA, 98604
- Plan Type: 401(k)
- Total Participants: 620
- Total Assets: $47.6M
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. |
|---|---|---|---|---|
| 2024 | 620 | $47.6M | $3.7M | $2.5M |
| 2023 | 547 | $40.0M | $3.2M | $2.2M |
| 2022 | 470 | $31.7M | $2.2M | $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 |
|---|---|---|---|---|
| FIRST PACIFIC FINANCIAL INC | INVESTMENT ADVISOR | $106,821 | — | $106,821 |
| EMPOWER ANNUITY INSURANCE CO. | RECORDKEEPER | $84,473 | — | $84,473 |
| PENSION PLAN SPECIALISTS | TPA | $52,905 | — | $52,905 |
| BARRET & COMPANY | AUDITOR | $37,700 | — | $37,700 |
| EMPOWER ADVISORY GROUP | INVESTMENT MGMT | $20,561 | — | $20,561 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $302,460
- Estimated Expense Ratio: 0.636% 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 | $255,549 | $127,382 | $93,458 | — | — |
| 2023 | $200,441 | $102,311 | $76,156 | — | — |
| 2022 | $178,638 | $94,334 | $79,879 | — | — |