Plan Snapshot
- Plan Sponsor: Terra Staffing Group
- Sponsor EIN: 911382999
- Sponsor Address: 1000 SE EVERETT MALL WAY,, EVERETT, WA, 98208
- Plan Type: 401(k)
- Total Participants: 1,476
- Total Assets: $7.9M
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 | 1,476 | $7.9M | $375,072 | $872,807 |
| 2023 | 512 | $6.1M | $357,578 | $765,650 |
| 2022 | 545 | $4.7M | $299,902 | $673,657 |
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 |
|---|---|---|---|---|
| HORIZON WEALTH MANAGEMENT, LLC | INVESTMENT/FINANCIAL ADVI | $5,524 | — | $5,524 |
| CBIZ CPAS PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,524
- Estimated Expense Ratio: 0.070% 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 | $10,225 | $5,524 | — | — | — |
| 2023 | $2,570 | — | — | — | — |
| 2022 | $2,070 | — | — | — | — |