Retirement plan
KAISER PERMANENTE NORTHWEST SUPPLEMENTAL RETIREMENT PLAN
KAISER FOUNDATION HEALTH PLAN, INC.EIN 94-1340523Plan #017PY 2019
Prospect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
MARYANN KHINDA-LOMBARDO
Signed 10/14/2020
Summary metrics
Total assets (EOY)
$36.5M
-11.5% from 2016
Total participants
469
-3.0% from 2016
Average account balance
$78,809
-8.9% from 2016
Annual return
21.89%
-7.48 pp from 2016
Benchmarks
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants250-999
Cohort3,877 peers
Snapshot2019
37
Participant deferral / active EE
$1,189
median $1,557
84
Employer contribution / active EE
$4,916
median $809
90
Participation rate
98.4%
median 71.4%
89
Avg account balance
$78,809
median $27,990
67
Admin fee / account holder
$36
median $79
60
Annual return
21.89%
median 20.78%
Overall peer rank
71of 100
71st percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$61.38M
Average account balance
Total assets / participants with a balance (line 6g)
$119K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
514
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.3%
Contributions (total)
Employer and participant dollars contributed each year
$3.44M
Contributions per participant
Average employer and participant contribution per enrolled participant
$8K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+14.00%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$35
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 1 by compensation
| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.5+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $16,621 |
Plan features & details
Pension benefit codes2C2F2G2K2R2T3H
Plan features
- 2CMoney purchase planMoney purchase pension plan other than a target benefit 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.
- 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
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$17K
$44 / participant
- Other / not subdivided$17K100.0%
% of EOY assets
0.046%
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
- Auditor EIN
- 942214860
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified