Plan Snapshot
- Plan Sponsor: Vaagen Bros Lumber INC
- Sponsor EIN: 910862262
- Sponsor Address: 565 W 5TH, COLVILLE, WA, 991142113
- Plan Type: 401(k)
- Total Participants: 224
- Total Assets: $22.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 224 | $22.9M | $276,084 | $1.3M |
| 2023 | 254 | $21.1M | $301,935 | $1.4M |
| 2022 | 302 | $18.1M | $338,639 | $1.5M |
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 |
|---|---|---|---|---|
| MERRIL LYNCH PIERCE FENNER & SMITH | Other Service Provider | $53,157 | $26 | $53,183 |
| PRINCIPAL LIFE INSURANCE COMPANY | Other Service Provider | $35,580 | — | $35,580 |
| RANDALL & HURLEY, INC | Recordkeeper | $6,250 | $6,632 | $12,882 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $101,645
- Estimated Expense Ratio: 0.445% 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 | $84,188 | — | — | — | — |
| 2023 | $83,879 | — | — | — | — |
| 2022 | $78,137 | $20,617 | $35,702 | — | $21,818 |