Retirement plan
KAISER PERMANENTE TAX SHELTERED ANNUITY PLAN III
KAISER FOUNDATION HEALTH PLAN, INC.EIN 94-1340523Plan #002PY 2017
Prospect flagsCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
BILL G. REID
Signed 10/08/2018
Summary metrics
Total assets (EOY)
$1795.3M
No prior year
Total participants
31,192
No prior year
Average account balance
$58,290
No prior year
Annual return
0.00%
No prior year
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort207 peers
Snapshot2017
79
Participant deferral / active EE
$4,967
median $3,033
32
Employer contribution / active EE
$770
median $1,293
94
Participation rate
98.7%
median 77.0%
68
Avg account balance
$58,290
median $47,645
71
Admin fee / account holder
$24
median $38
0
Annual return
0.00%
median 18.04%
Overall peer rank
69of 100
69th percentileavg across 6 metrics
Analytics
Less than 3 years of history available for this plan
We'll show a chart here once at least 3 consecutive filings are on record.
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1+ years Service code 15 ยท EIN 23-1945930 | Recordkeeping | $875,546 |
Plan features & details
Pension benefit codes2E2F2G2J2K2R2T3H
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee 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 to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2RParticipant-directed brokerage accountsParticipant-directed brokerage accounts provided as an investment option under the plan.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
1 tripped
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
Expense breakdown
Schedule H Part II
Admin total
$745K
$25 / participant
- Other / not subdivided$745K100.0%
% of EOY assets
0.042%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used
Audit opinion
Schedule H Part III
Unqualified opinion
Auditor signed off without reservation - the cleanest possible opinion.
- Auditor firm
- MORRIS DAVIS CHAN & TAN LLP
- Auditor EIN
- 942214860
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified