PlanOptica
Retirement plan

KAISER PERMANENTE TAX SHELTERED ANNUITY PLAN II

KAISER FOUNDATION HEALTH PLAN, INC.EIN 94-1340523Plan #037PY 2023
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ONE KAISER PLAZA, 20B - OAKLAND, CA 94612510-271-5940LinkedIn1-10 employeesmedical practice
Other plans on this EIN
7 filings
#001Retirement-$33.54B assets#025Retirement-$19.71B assets#039Retirement-$12.28B assets#003Retirement-$5.10B assets#005Retirement-$680.8M assets#017Retirement-$52.4M assets#033Retirement--
Prospect flagsRecently cancelled planLow returnsCorrective distributionsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(510) 271-5940
Plan administrator signer
MARYANN KHINDA-LOMBARDO
Signed 09/08/2024
How to read this page

Summary metrics

Total assets (EOY)
$0
-12.0% from 2016
Total participants
0
-7.9% from 2016
Average account balance
$0
-4.4% from 2016
Annual return
-101.91%
-7.59 pp from 2016

Benchmarks

See 107,925 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants<25
Cohort107,925 peers
Snapshot2023
Participant deferral / active EE
$0
median $5,301
Employer contribution / active EE
$0
median $2,498
Participation rate
0.0%
median 100.0%
Avg account balance
$0
median $75,383
Admin fee / account holder
$0
median $627
Annual return
-101.91%
median 16.19%
Overall peer rank
0th percentileavg across 6 metrics

Analytics

2015 - 2023
Total assets (EOY)
Plan-year ending balance
$0
Average account balance
Total assets / participants with a balance (line 6g)
$110K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
51,656
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.5%
Contributions (total)
Employer and participant dollars contributed each year
$455.95M
Contributions per participant
Average employer and participant contribution per enrolled participant
$11K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
-101.91%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 3 by compensation
ProviderService typeCompensation
VANGUARD ADVISERS INC.3 years
Service code 26 · EIN 23-2811930
Advisory (Participants)
$1,737,616
THE VANGUARD GROUP, INC.9+ years
Service code 15 · EIN 23-1945930
Recordkeeping
$554,988
QDRO CONSULTANTS CO LLC2 years
Service code 16 · EIN 34-1820650
Consulting
$13,200

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 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 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants 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.
  • 2J
    Code section 401(k) feature
    Cash 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.
  • 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 to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2R
    Participant-directed brokerage accounts
    Participant-directed brokerage accounts provided as an investment option under the plan.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

4 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

  • InformationalRecently cancelled plan

    Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II
Admin total
$2.2M
  • Other / not subdivided$2M100.0%
% of EOY assets
-
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
MOSS ADAMS LLP
Auditor EIN
910189318
Audit fees
(not subdivided)
Opinion code
Unqualified