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: 508
- Total Participants: 791
- Total Assets: $1.6M
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 | 791 | $1.6M | $9.2M | $18,727 |
| 2023 | 723 | $1.5M | $7.5M | $52,026 |
| 2022 | 665 | $1.4M | $8.1M | $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 | — | $712,015 | $712,015 |
| FORTERRA INC | Other Service Provider | — | $252,007 | $252,007 |
| VIMLY BENEFIT SOLUTIONS INC | Other Service Provider | $134,600 | — | $134,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,098,622
- Estimated Expense Ratio: 69.222% 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 | $155,181 | — | $134,600 | $3,500 | — |
| 2023 | $79,623 | — | $60,825 | $3,352 | — |
| 2022 | $87,312 | — | $70,972 | — | $13,791 |