Plan Snapshot
- Plan Sponsor: Willamette Valley Bank
- Sponsor EIN: 931277376
- Sponsor Address: 101 HIGH ST. NE, SALEM, OR, 97301
- Plan Type: 401(k)
- Total Participants: 122
- Total Assets: $12.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 122 | $12.1M | $192,029 | $784,598 |
| 2023 | 149 | $13.2M | $240,129 | $948,035 |
| 2022 | 177 | $11.4M | $406,227 | $1.2M |
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 |
|---|---|---|---|---|
| MUN CPAS | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MUN CPAS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $53,312 | — | — | — | — |
| 2023 | $50,517 | — | $4,250 | — | — |
| 2022 | $53,833 | $33,070 | $17,183 | — | $3,580 |