Plan Snapshot
- Plan Sponsor: The Trustees Of The Employee Benefits Trust
- Sponsor EIN: 616496436
- Sponsor Address: PO BOX 1872, OLYMPIA, WA, 985071872
- Plan Type: 401(k)
- Plan Number: 502
- Total Participants: 760
- Total Assets: $644,194
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 760 | $644,194 | $8.3M | $17,188 |
| 2023 | 908 | $666,102 | $7.4M | $27,529 |
| 2022 | 786 | $592,335 | $6.1M | $0 |
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 |
|---|---|---|---|---|
| PROPOINT LLC | Other Service Provider | — | $643,372 | $643,372 |
| FORTERRA INC | Other Service Provider | — | $228,781 | $228,781 |
| VIMLY BENEFIT SOLUTIONS INC | Other Service Provider | $120,962 | — | $120,962 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $993,115
- Estimated Expense Ratio: 154.164% 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 | $139,021 | — | $120,962 | $3,180 | — |
| 2023 | $94,096 | — | $76,268 | $3,207 | — |
| 2022 | $77,568 | — | $65,175 | — | $10,480 |