Plan Snapshot
- Plan Sponsor: Working Waterfront Coalition Health Trus
- Sponsor EIN: 851457938
- Sponsor Address: 12121 HARBOUR REACH DR, SUITE 105, MUKILTEO, WA, 98275
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 531
- Total Assets: $214,121
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 | 531 | $214,121 | $5.1M | $29,682 |
| 2023 | 490 | $98,794 | $3.8M | $15,429 |
| 2022 | 368 | $88,145 | $1.2M | $23,365 |
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 |
|---|---|---|---|---|
| BROWN AND BROWN INSURANCE SERVICES | Other Service Provider | $155,743 | — | $155,743 |
| VIMLY BENEFIT SOLUTIONS, INC. | Recordkeeper | $88,236 | — | $88,236 |
| VIGILANT SERVICES, INC. | Recordkeeper | $51,048 | — | $51,048 |
| WORKING WATERFRONT SERVICES, LLC | Other Service Provider | $51,048 | — | $51,048 |
| BTG & ASSOCIATES, LLC DBA BTG BENEF | Insurance Carrier | $44,997 | — | $44,997 |
| DENALI BENEFITS, INC. | Insurance Carrier | $31,833 | — | $31,833 |
| HUB INTERNATIONAL NW, LLC | Insurance Carrier | $22,940 | — | $22,940 |
| NORTHWEST BENEFIT SOLUTIONS, INC | Insurance Carrier | $18,938 | — | $18,938 |
| PCF INSURANCE SERVICES OF THE WEST | Insurance Carrier | $17,218 | — | $17,218 |
| RIVERSIDE EMPLOYEE BENEFITS, LLC | Insurance Carrier | $16,331 | — | $16,331 |
| CUMMINGS, FRASER & ASSOCIATES, LLC | Insurance Carrier | $15,393 | — | $15,393 |
| MCGREGOR INSURANCE AGENCY, INC | Insurance Carrier | $14,615 | — | $14,615 |
| ASSUREDPARTNERS OF WA DBA FORTUNE M | Insurance Carrier | $12,875 | — | $12,875 |
| MADDOCK & ASSOCIATES, LLC | Insurance Carrier | $11,081 | — | $11,081 |
| KRISTIN MANWARING INSURANCE ASSOCIA | Insurance Carrier | $10,975 | — | $10,975 |
| SCHOEDEL & SCHOEDEL, CPAS, PLLC | Auditor | $10,400 | — | $10,400 |
| FORTUNE MANAGEMENT, INC. | Insurance Carrier | $5,081 | — | $5,081 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $578,752
- Estimated Expense Ratio: 270.292% 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 | $594,234 | — | $189,477 | $10,400 | — |
| 2023 | $447,834 | — | $134,757 | $10,100 | — |
| 2022 | $152,764 | — | $42,566 | — | $101,367 |