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Overview

Plan Information

  • Plan Year01/01/2017 — 12/31/2017
  • Date of Plan06/01/1997
  • Net Assets as of 12/31/2017 $144,476,602
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2017

  • Active (Eligible) Participants1,003
  • Retired or separated participants receiving benefits2
  • Other retired or separated participants entitled to future benefits228
  • Subtotal1,233
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits1
  • Total1,234
  • Total number of participants as of 01/01/20171,209
  • Number of participants with account balances1,135
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address5509 NW Parker Street
  • CityCamas
  • StateWA
  • Zip98607
  • Telephone(360) 817-3162
  • EIN91-1725015
  • Industry Code334410
  • Named AdministratorJohn Megli

Audit Information

  • Audit StatusAudited
  • AuditorPerkins & Company, Pc
  • Auditor EIN93-0928924
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? Yes $353,163
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $1,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $32,828,475
Contributions $10,029,406
Cash Contributions $10,029,406
Cash from Employers $2,984,369
Cash from Participants $6,466,332
Others (including rollovers) $578,705
Noncash Contributions $0
Total Earnings on Investments $22,741,569
Total Interest $110,902
Interest-Bearing Cash $9,140
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $101,762
Interest from Other Investments $0
Total Dividends $6,504,727
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $90,991
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $16,034,949
Other Income $57,500
Expenses $6,639,780
Total Benefit Payments $6,619,604
Directly to participants or beneficiaries, including direct rollovers $6,619,604
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $20,176
Professional Fees $0
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $20,176
Net Income $26,188,695
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2017 12/31/2016 Change YOY
Total Assets $144,476,602 $118,287,907 22.14%
Total noninterest-bearing cash $0 $10,000 -100.00%
Receivables $0 $0 0.0%
Employer Contributions $0 $0 0.0%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $1,993,523 $2,004,525 -0.55%
Interest-bearing cash $1,993,523 $2,004,525 -0.55%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $2,211,544 $2,410,789 -8.26%
Value of interest in common/collective trusts $8,374,618 $9,386,868 -10.78%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $131,896,917 $104,475,725 26.25%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $0 $0 0.0%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $144,476,602 $118,287,907 22.14%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

  • Fidelity Investments Institutional

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Fidelity Investments Institutional Participant loan processing, Sub-transfer agency fees, Recordkeeping fees, Account maintenance fees, Securities brokerage commissions and fees Recordkeeper $-35,278 $0 $-35,278
Total $-35,278 $0 $-35,278

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Fidelity Investments Institutional Wintergreen Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Westcore Small Cap Growth Fund II Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Weitz Short Durationincome Fund Ins Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Wasatch Emerging India Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Tocqueville Gold Fund Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Thompson Bond Fund Sub-transfer agency fees 0.25% $0
Fidelity Investments Institutional Templeton Global Bond Class A Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Tcw Core Fixed Income Class N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Ssga International Stock Selection Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rydex Russell 2000 2X Strategy Cl H Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rydex Dow 2X Strategy Cl H Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rydex Basic Materials Inv Class Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rydex Biotechnology Inv Class Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rydex S&P 500 2X Strategy Cl H Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rydex Inverse Nasdaq 1002X Cl H Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Motley Fool Great America Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Putnam Global Technology Fund Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Profunds Short Precmetals Investor Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Profunds Short Oil &Gas Investor Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Rising Rates Oppty Pro Fund Investo Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pioneer Fundamental Growth Fd Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco Rae Fundamntalplus Emg Fund D Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco Income Fund Cl D Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Pimco Real Estate Real Return Strat Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional The Wireless Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Permanent Portfolio Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Parnassus Core Equity Investor Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pimco Total Return Class D Sub-transfer agency fees 0.38% $0
Fidelity Investments Institutional Oppenheimer Global Opportunities Cl Sub-transfer agency fees $16.50 $0
Fidelity Investments Institutional Red Oak Technology Select Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Riskpro Pfg Equity 30 Fund Cl R Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Riskpro Aggressive 30 Fund Cl R Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Riskpro 30 Fund Cl R Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Riskpro Pfg Aggressive 30 Fd R Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pfg Core Equity Fund Investor Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pfg Explorer Fund Investor Class Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Pfg International Fund Investor Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional American New Perspective Class F1 Sub-transfer agency fees 0.37% $0
Fidelity Investments Institutional Neuberger Berman Greater China Eq A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Eventide Healthcare and Life Scienc Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Morgan Stanley Instlinterntl Opp Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Morgan Stanley Global Opportunity A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews Asian Innovators Fd Invst Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews India Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews China Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Matthews China Div Fund Investor Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Leuthold Grizzly Short Fund Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Jacob Small Cap Growth Fund Sub-transfer agency fees $12.00 $0
Fidelity Investments Institutional Ivy Emerging Marketsequity Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Hennessy Japan Smallcap Investor Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Oakmark Intl Investor Cl Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Harding Loevner Emerg Mrkts Port Ad Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Goldman Sachs Commodity Strat Fd A Sub-transfer agency fees $16.00 $0
Fidelity Investments Institutional Firsthand Technologyopportunities F Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional First Eagle Global Class A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Federated Kaufmann Class R Sub-transfer agency fees $12.00 $0
Fidelity Investments Institutional Doubleline Shiller Enhanced Cap Cl Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Direxion Monthly Nasdaq100Bull2X In Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Direxion Monthly Sml Cap Bear 2X In Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Columbia Glbl Energy&Natral Resourc Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Columbia Global Techgrowth Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Columbia Greater China Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Carillon Scout International Cl I Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Blackrock Multi Asset Income Port A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Blackrock Natural Resources Tr Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Black Rock All Cap Energy & Resourc Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Blackrock Technologyopportunities C Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional American Century Real Estate Inv Cl Sub-transfer agency fees 0.35% $0
Fidelity Investments Institutional Amana Mutual Fund Trust Growth Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Amana Mutual Fund Trust Income Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Alger Health Sciences Fd Cl A Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Amg Yacktman Focused N Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Invesco Gold & Precious Metals Inv Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Invesco Energy Classa Sub-transfer agency fees 0.40% $0
Fidelity Investments Institutional Col Sm Cap Index I - Columbia Mgt Sub-transfer agency fees 0.10% $0
Fidelity Investments Institutional Northern Sm Cap Val - Northern Tru Sub-transfer agency fees 0.40% $0
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Mip Cl 1 Fidelity Management Trust Company DFE: Common/Collective Trust $8,374,618
Total $8,374,618

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.