Plan Snapshot
- Plan Sponsor: Timber Products Manufacturers, INC.
- Sponsor EIN: 910820598
- Sponsor Address: 951 EAST THIRD AVENUE, SPOKANE, WA, 99202
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 5,856
- Total Assets: $28.7M
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 | 5,856 | $28.7M | $62.2M | $341,984 |
| 2023 | 7,136 | $27.2M | $66.2M | $382,827 |
| 2022 | 7,559 | $26.8M | $63.4M | $452,579 |
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 |
|---|---|---|---|---|
| PREMERA BLUE CROSS | Other Service Provider | $2,467,569 | — | $2,467,569 |
| ALLIANT INSURANCE SERVICES, INC. | Other Service Provider | $998,250 | — | $998,250 |
| TIMBER PRODUCTS MANUFACTURERS | Other Service Provider | $894,485 | — | $894,485 |
| BLUE CROSS BLUE SHIELD OF MONTANA | Other Service Provider | $463,947 | — | $463,947 |
| GROUP BENEFITS, LLC | Other Service Provider | $324,736 | — | $324,736 |
| CIGNA HEALTH AND LIFE INSURANCE COM | Other Service Provider | $254,576 | — | $254,576 |
| THE MURRAY GROUP | Other Service Provider | $249,160 | — | $249,160 |
| DELTA DENTAL OF WASHINGTON | Other Service Provider | $231,113 | — | $231,113 |
| HUB INTERNATIONAL NORTHWEST, LLC | Other Service Provider | $225,788 | — | $225,788 |
| A.W. REHN & ASSOCIATES, INC. | Other Service Provider | $202,418 | — | $202,418 |
| WASHINGTON TRUST BANK | Other Service Provider | $86,456 | — | $86,456 |
| GALLAGHER BENEFIT SERVICES, INC. | Investment Advisor | $85,870 | — | $85,870 |
| CLIFTONLARSONALLEN LLP | Other Service Provider | $83,384 | — | $83,384 |
| TURNER CONSULTING AND ACTUARIAL | Other Service Provider | $83,308 | — | $83,308 |
| HUB INTERNATIONAL MOUNTAIN STATES | Other Service Provider | $71,010 | — | $71,010 |
| ROCKY MOUNTAIN INSURANCE GROUP, INC | Other Service Provider | $64,296 | — | $64,296 |
| MONTGOMERY & GRAHAM, INC. | Other Service Provider | $49,749 | — | $49,749 |
| PAYNEWEST INSURANCE, INC. | Other Service Provider | $47,142 | — | $47,142 |
| FOURNIER INUSRANCE SOLUTIONS | Other Service Provider | $39,205 | — | $39,205 |
| KPD INSURANCE, INC. | Other Service Provider | $31,980 | — | $31,980 |
| VISION SERVICE PLAN | Other Service Provider | $29,903 | — | $29,903 |
| SOUTHWEST WASHINGTON CONTRACTORS AS | Other Service Provider | $27,943 | — | $27,943 |
| POST INSURANCE SERVICES, INC. | Other Service Provider | $27,580 | — | $27,580 |
| LARSEN LAW | Other Service Provider | $25,172 | — | $25,172 |
| ADVANCED BENEFITS | Other Service Provider | $24,426 | — | $24,426 |
| LEAVITT WEST | Other Service Provider | $20,878 | — | $20,878 |
| SHANDRO GROUP | Other Service Provider | $15,078 | — | $15,078 |
| USI | Other Service Provider | $14,293 | — | $14,293 |
| H & H INSURANCE | Other Service Provider | $12,038 | — | $12,038 |
| DIGITAL BENEFITS ADVISORS | Other Service Provider | $11,662 | — | $11,662 |
| KEENLY BENEFITS | Other Service Provider | $5,767 | — | $5,767 |
| BIGGS INSURANCE | Other Service Provider | $5,630 | — | $5,630 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,174,812
- Estimated Expense Ratio: 25.014% 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 | $7,947,020 | $84,266 | $4,478,833 | $40,928 | — |
| 2023 | $8,448,476 | $65,684 | $4,949,056 | $37,207 | — |
| 2022 | $7,827,594 | $68,506 | $4,537,693 | — | $487,027 |