PlanOptica
Retirement plan

KAISER PERMANENTE TAX SHELTERED ANNUITY PLAN III

KAISER FOUNDATION HEALTH PLAN, INC.EIN 94-1340523Plan #039PY 2021
Sign in to saveView 5500 PDF
ONE KAISER PLAZA, 20B - OAKLAND, CA 94612510-271-5940LinkedIn1-10 employeesmedical practice
Other plans on this EIN
7 filings
#001Retirement-$38.08B assets#025Retirement-$18.61B assets#037Retirement-$6.72B assets#003Retirement-$5.11B assets#033Retirement-$1.24B assets#005Retirement-$585.4M assets#017Retirement-$51.5M assets
Prospect flagsCorrective distributions

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 09/29/2022
How to read this page

Summary metrics

Total assets (EOY)
$3310.3M
-21.4% from 2019
Total participants
34,365
+0.9% from 2019
Average account balance
$97,180
-21.9% from 2019
Annual return
14.14%
-26.42 pp from 2019

Benchmarks

See 230 peers
Peer group
Industry62 - Health Care and Social Assistance
Plan typeDefined contribution
Participants>=10,000
Cohort230 peers
Snapshot2021
Participant deferral / active EE
$7,515
median $4,224
Employer contribution / active EE
$890
median $1,758
Participation rate
99.0%
median 86.9%
Avg account balance
$97,180
median $62,426
Admin fee / account holder
$51
median $50
Annual return
14.14%
median 14.85%
Overall peer rank
63rd percentileavg across 6 metrics

Analytics

2018 - 2024
Total assets (EOY)
Plan-year ending balance
$13.85B
Average account balance
Total assets / participants with a balance (line 6g)
$132K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
104,754
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.6%
Contributions (total)
Employer and participant dollars contributed each year
$880.09M
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
+13.66%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$47
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.1 year
Service code 26 · EIN 23-2811930
Advisory (Participants)
$1,338,652
THE VANGUARD GROUP, INC.4+ years
Service code 15 · EIN 23-1945930
Recordkeeping
$522,814
QDRO CONSULTANTS CO1 year
Service code 16 · EIN 34-1820650
Consulting
$5,250

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

1 tripped
  • ComplianceCorrective distributions

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

Expense breakdown

Schedule H Part II
Admin total
$1.7M
$59 / participant
  • Other / not subdivided$2M100.0%
% of EOY assets
0.052%
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