Plan Snapshot
- Plan Sponsor: Washington State Auto Dealers Insurance Trust
- Sponsor EIN: 916056560
- Sponsor Address: P.O. BOX 6, MUKILTEO, WA, 98275
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,074
- Total Assets: $1.1M
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 | 1,074 | $1.1M | $606,909 | $20,272 |
| 2023 | 572 | $716,401 | $4.3M | $21,615 |
| 2022 | 777 | $1.0M | $6.8M | $21,724 |
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 |
|---|---|---|---|---|
| MARSH & MCLENNAN AGENCY, LLC | Investment Advisor | $155,435 | — | $155,435 |
| VIMLY BENEFIT SOLUTIONS, INC. | Other Service Provider | $52,763 | — | $52,763 |
| SCHOEDEL & SCHOEDEL, CPAS, PLLC | Other Service Provider | $19,606 | — | $19,606 |
| AARON SWANSON | Other Service Provider | $18,952 | — | $18,952 |
| THE CICOTTE LAW FIRM, PLLC | Other Service Provider | $17,436 | — | $17,436 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MARSH & MCLENNAN AGENCY, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $264,192
- Estimated Expense Ratio: 25.111% 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 | $275,703 | $4,404 | $51,975 | $19,606 | — |
| 2023 | $389,050 | $6,178 | $55,217 | $20,600 | — |
| 2022 | $539,634 | $6,257 | $69,292 | — | $455,554 |