Plan Snapshot
- Plan Sponsor: Virginia Mason Franciscan Health
- Sponsor EIN: 910712166
- Sponsor Address: 16251 SYLVESTER RD, SW, BURIEN, WA, 98166
- Plan Type: 403(b)
- Plan Number: 001
- Total Participants: 722
- Total Assets: $114.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 722 | $114.5M | $2.3M | $2.9M |
| 2022 | 695 | $101.2M | $2.1M | $2.8M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS INC | Investment Advisor | $68,782 | — | $68,782 |
| FIDELITY INVEST INSTIT OPS | Recordkeeper | $10,122 | — | $10,122 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS INC — Investment Advisor
- FIDELITY INVEST INSTIT OPS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,904
- Estimated Expense Ratio: 0.069% 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 |
|---|---|---|---|---|---|
| 2023 | $80,835 | $68,782 | $250 | — | — |
| 2022 | $92,934 | $66,219 | — | — | — |