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Original filing (PDF)20251015184914NAL0007089216005
BOARD OF TRUSTEES, WESTERN HEALTHCARE INSURANCE TRUST
Form 5500
FILING_RECEIVED
WESTERN HEALTHCARE INSURANCE TRUST
Health & welfare plan
Signals · 4
34% in single holding~684 bps in Sched C feesNo recordkeeper disclosed16 service providers
Active participants
8,936
Accounts w/ balance
—
Plan assets (EOY)
$9.6M
Net assets (EOY)
$8.7M
How this plan invests
This plan
13 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
83
Total plan cost
65
Vendor stack
68
Participation health
100
Knocking points off
- Top holding "Schwab S&P 500 Index Fund 31,750 shares" is 34% of plan.
- 684 bps in Schedule C fees — 1216% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
- Highly fragmented vendor stack (16 disclosed providers, 6 categories).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BOARD OF TRUSTEES, WESTERN HEALTHCARE INSURANCE TRUST.
Plan sponsor
Name
BOARD OF TRUSTEES, WESTERN HEALTHCARE INSURANCE TRUST
EIN
90-1075780
Address
12121 HARBOUR REACH DR, SUITE 105 · PO BOX 6 · MUKILTEO, WA · 98275
Phone
(425) 771-7359
Industry
Finance & Insurancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
501
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Welfare benefit codes
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4H · Long-Term Disability
4Q · Other
4T · Long-Term Care
Audit & trust (Schedule H)
Auditor
ANASTASI MOORE & MARTIN, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
16 rowsAdvisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BROWN & BROWN DBA DIMARTINO ASSOCIA | 59-0691921 | — | CONSULTANT | $143K | — |
Broker
9| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PARKER SMITH AND FEEK, INC | 87-2544519 | — | INSURANCE BROKER | $71K | — |
| BROWN & BROWN | 91-0378940 | — | INSURANCE BROKER | $39K | — |
| DIGITAL INSURANCE, INC | 58-2522668 | — | INSURANCE BROKER | $38K | — |
| AON CONSULTING, INC | 22-2232264 | — | INSURANCE BROKER | $27K | — |
| KIBBLE AND PRENTICE DBA USI INS SER | 91-1176315 | — | INSURANCE BROKER | $22K | — |
| MERCER HEALTH & BENEFITS, LLC | 13-2834414 | — | INSURANCE BROKER | $21K | — |
| HUB INTERNATIONAL NW, LLC | 91-2036015 | — | INSURANCE BROKER | $12K | — |
| ALLIANT INSURANCE SERVICES, NC | 33-0785439 | — | INSURANCE BROKER | $7K | — |
| ETHIX NORTHWEST, LLC | 13-4283589 | — | INSURANCE BROKER | $6K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| VIMLY BENEFIT SOLUTIONS, INC | 91-1603312 | — | CONTRACT ADMINISTRATOR | $167K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SCHOEDEL & SCHOEDEL, CPAS, PLLC | 91-0614823 | — | AUDITOR | $22K | — |
Legal counsel
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| THE WAGNER LAW GROUP | 04-3323315 | — | ATTORNEY | $17K | — |
Other
3| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIRST CHOICE HEALTH EMPLOYEE ASSIST | 91-1272766 | — | OTHER PAYMENT | $26K | — |
| WASHINGTON HOSPITAL SERVICES, INC | 91-1389170 | — | PROGRAM MARKETER | $24K | — |
| PAYDEN & RYGEL | — | LOS ANGELES, CA | NONE | $15K | — |
Investments
13 direct securities· $8.4M(87% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Schwab S&P 500 Index Fund 31,750 shares | — | — | $2.1M | $2.9M | 29.9% | |
| iShares MBS ETF 14,702 shares | — | — | $1.3M | $1.3M | 14.1% | |
| Payden Strategic Income Fund 128,163 shares | — | — | $1.3M | $1.2M | 12.8% | |
| iShares iBox Investment Grd Corp Bd ETF 8,191 shares | — | — | $1.0M | $875K | 9.1% | |
| iShares 7-10 Year Treasury Bond ETF 5,264 shares | — | — | $493K | $487K | 5.1% | |
| iShares 10-20 Year Treasury Bond ETF 3,967 shares | — | — | $468K | $395K | 4.1% | |
| Schwab S&P 500 Index Fund Mutual fund | — | — | $309K | $309K | 3.2% | |
| iShares Core S&P Mid-Cap ETF Exchange-traded fund | — | — | $288K | $288K | 3.0% | |
| Invesco NASDAQ 100 ETF 1,178 shares | — | — | $181K | $248K | 2.6% | |
| iShares Core S&P Mid-Cap ETF 3,697 shares | — | — | $242K | $230K | 2.4% | |
| Schwab S&P 500 Index Fund Mutual fund | — | — | $291K | $50K | 0.5% | |
| SHORT-TERM FUNDS * Charles Schwab & Co., Inc. | — | — | $22K | $22K | 0.2% | |
| iShares Core S&P Mid-Cap ETF Exchange-traded fund | — | — | $217K | $13K | 0.1% |