Plan Snapshot
- Plan Sponsor: Western States 401(K) Retirement Fund Of The Opeiu Board Of Trustees
- Sponsor EIN: 936026077
- Sponsor Address: 5331 S MACADAM AVE STE 258, PORTLAND, OR, 97239
- Plan Type: 401(k)
- Total Participants: 383
- Total Assets: $68.6M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 383 | $68.6M | $1.5M | $1.1M |
| 2023 | 488 | $65.0M | $1.6M | $1.2M |
| 2022 | 1,477 | $57.0M | $1.5M | $1.3M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | Recordkeeper | $193,261 | — | $193,261 |
| BENESYS, INC. | Other Service Provider | $119,380 | — | $119,380 |
| VERUS ADVISORY, INC. | Other Service Provider | $58,250 | — | $58,250 |
| WITHUMSMITH+BROWN, PC | Auditor | $52,547 | — | $52,547 |
| PLATFORM CPA | Other Service Provider | $43,027 | — | $43,027 |
| MONDRESS MONACO PARR LOCKWOOD | ERISA Attorney | $36,410 | — | $36,410 |
| J.B. NIBLEY INSURANCE | Other Service Provider | $8,222 | $298 | $8,520 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SERVIC — Recordkeeper
- WITHUMSMITH+BROWN, PC — Auditor
- MONDRESS MONACO PARR LOCKWOOD — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $511,395
- Estimated Expense Ratio: 0.745% 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 | $567,091 | $58,250 | $312,489 | $44,027 | — |
| 2023 | $536,812 | $53,750 | $316,485 | $52,578 | — |
| 2022 | $498,425 | $49,250 | $318,343 | — | $64,505 |