Plan Snapshot
- Plan Sponsor: Washington Permanente Medical Group, P.C.
- Sponsor EIN: 911841629
- Sponsor Address: WPMG ADMINISTRATION, RENTON, WA, 980579010
- Plan Type: 401(k)
- Total Participants: 1,654
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 1,654 | $1.5B | $42.1M | $32.3M |
| 2023 | 1,713 | $1.3B | $36.1M | $32.2M |
| 2022 | 1,760 | $1.1B | $38.4M | $28.8M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENT MANAGEMENT | Other Service Provider | $137,602 | — | $137,602 |
| SCHWAB RETIREMENT PLAN SERVICES INC | Recordkeeper | $48,691 | — | $48,691 |
| MUTUAL ADVISORS LLC | Other Service Provider | $48,316 | — | $48,316 |
| HOHIMER WEALTH MANAGEMENT LLC | Other Service Provider | $36,830 | — | $36,830 |
| PRIVATE ADVISOR GROUP LLC | Other Service Provider | $34,257 | — | $34,257 |
| LPL FINANCIAL LLC | Investment Advisor | $33,642 | — | $33,642 |
| CAMBRIDGE INVESTMENT RESEARCH | Other Service Provider | $29,937 | — | $29,937 |
| CREATIVE PLANNING LLC | Investment Advisor | $27,405 | — | $27,405 |
| ENVESTNET ASSET MANAGEMENT INC | Other Service Provider | $25,641 | — | $25,641 |
| FOCUS PARTNERS WEALTH LLC | Other Service Provider | $20,638 | — | $20,638 |
| COMMONWEALTH EQUITY SERVICES I | Investment Advisor | $19,500 | — | $19,500 |
| NORTHERN CAPITAL MANAGEMENT IN | Other Service Provider | $18,765 | — | $18,765 |
| LIGHTHOUSE WEALTH STRATEGIES L | Other Service Provider | $14,425 | — | $14,425 |
| LEEWARD FINANCIAL PARTNERS LLC | Other Service Provider | $13,597 | — | $13,597 |
| BADGLEY PHELPS WEALTH MANAGERS | Other Service Provider | $13,213 | — | $13,213 |
| FREESTONE CAPITAL MANAGEMENT L | Other Service Provider | $13,067 | — | $13,067 |
| FORT HENRY CAPITAL LLC | Other Service Provider | $11,074 | — | $11,074 |
| PINKERTON RETIREMENT SPECIALIS | Other Service Provider | $10,164 | — | $10,164 |
| CHARLES SCHWAB & CO., INC. | Recordkeeper | $10,050 | — | $10,050 |
| BUCKINGHAM STRATEGIC PARTNERS | Other Service Provider | $6,779 | — | $6,779 |
| NEW HARBOR FINANCIAL GROUP LLC | Other Service Provider | $6,019 | — | $6,019 |
| FOSTER GROUP INC | Other Service Provider | $5,213 | — | $5,213 |
| SCOTT ANDERSON FINANCIAL INC | Other Service Provider | $5,199 | — | $5,199 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES INC — Recordkeeper
- LPL FINANCIAL LLC — Investment Advisor
- CREATIVE PLANNING LLC — Investment Advisor
- COMMONWEALTH EQUITY SERVICES I — Investment Advisor
- CHARLES SCHWAB & CO., INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $590,024
- Estimated Expense Ratio: 0.040% 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 | $603,635 | $598,700 | — | — | — |
| 2023 | $579,000 | $575,805 | — | — | — |
| 2022 | $915,539 | $430,672 | — | — | $194 |