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: 503
- Total Participants: 6,006
- Total Assets: $2.3M
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 | 6,006 | $2.3M | $52.6M | $61,333 |
| 2023 | 6,387 | $2.1M | $50.1M | $63,455 |
| 2022 | 6,053 | $1.8M | $47.5M | $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 | — | $4,075,301 | $4,075,301 |
| FORTERRA INC | Other Service Provider | — | $1,450,545 | $1,450,545 |
| VIMLY BENEFIT SOLUTIONS INC | Other Service Provider | $766,884 | — | $766,884 |
| CLIFTONLARSONALLEN LLP | Auditor | $19,962 | — | $19,962 |
| BARNES & THORNBURG LLP | ERISA Attorney | $15,601 | — | $15,601 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN LLP — Auditor
- BARNES & THORNBURG LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,328,293
- Estimated Expense Ratio: 280.292% 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 | $879,050 | — | $766,884 | $19,962 | — |
| 2023 | $686,503 | — | $566,460 | $21,925 | — |
| 2022 | $667,375 | — | $569,318 | — | $83,074 |